{"id":170231,"date":"2020-05-08T11:52:37","date_gmt":"2020-05-08T15:52:37","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=170231"},"modified":"2020-05-08T09:53:49","modified_gmt":"2020-05-08T13:53:49","slug":"gbpusd-analysis-better-than-forecast-uk-consumer-sentiment-bullish-for-gbpusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/05\/gbpusd-analysis-better-than-forecast-uk-consumer-sentiment-bullish-for-gbpusd\/","title":{"rendered":"GBPUSD Analysis: Better than forecast UK consumer sentiment bullish for GBPUSD"},"content":{"rendered":"
May 8, 2020<\/div>
\r\n<\/div><\/div>

By IFCMarkets<\/a><\/strong><\/p>\n

Better than forecast UK consumer sentiment bullish for GBPUSD<\/strong><\/p>\n

UK consumer confidence improved marginally: GfK\u2019s report said the Consumer Confidence index ticked up to -33 after remaining steady at -34 for April, when a reading of -37 was expected. Readings above 0 indicate optimism, below indicate pessimism. This is bullish for GBPUSD. However, the technical setup is bearish for GBPUSD.<\/p>\n\n\n\n\n\n\n\n\n\n\n
Indicator<\/th>\nVALUE<\/th>\nSignal<\/th>\n<\/tr>\n<\/thead>\n
RSI<\/td>\n<\/td>\nNeutral<\/td>\n<\/tr>\n
MACD<\/td>\n<\/td>\nSell<\/td>\n<\/tr>\n
Donchian Channel<\/td>\n<\/td>\nNeutral<\/td>\n<\/tr>\n
MA(200)<\/td>\n<\/td>\nSell<\/td>\n<\/tr>\n
Fractals<\/td>\n<\/td>\nNeutral<\/td>\n<\/tr>\n
Parabolic SAR<\/td>\n<\/td>\nSell<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Summary of technical analysis<\/h2>\n\n\n\n\n\n
Order<\/b><\/td>\nSell<\/td>\n<\/tr>\n
Buy stop<\/b><\/td>\nBelow 1.2356<\/td>\n<\/tr>\n
Stop loss<\/b><\/td>\nAbove 1.2404<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Market Analysis provided by IFCMarkets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By IFCMarkets Better than forecast UK consumer sentiment bullish for GBPUSD UK consumer confidence improved marginally: GfK\u2019s report said the Consumer Confidence index ticked up to -33 after remaining steady at -34 for April, when a reading of -37 was expected. Readings above 0 indicate optimism, below indicate pessimism. This is bullish for GBPUSD. However, […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-170231","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/170231","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=170231"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/170231\/revisions"}],"predecessor-version":[{"id":170233,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/170231\/revisions\/170233"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=170231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=170231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=170231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}