{"id":174052,"date":"2020-07-24T08:00:38","date_gmt":"2020-07-24T12:00:38","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=174052"},"modified":"2020-07-24T08:00:38","modified_gmt":"2020-07-24T12:00:38","slug":"gbpusd-analysis-gbpusd-bias-is-bearish-despite-improving-uk-data","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/07\/gbpusd-analysis-gbpusd-bias-is-bearish-despite-improving-uk-data\/","title":{"rendered":"GBPUSD Analysis: GBPUSD bias is bearish despite improving UK data"},"content":{"rendered":"
July 24, 2020<\/div>
\r\n<\/div><\/div>

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

GBPUSD bias is bearish despite improving UK data<\/h2>\n

UK\u2019s manufacturing sector expansion accelerated in July: Markit\u2019s manufacturing PMI rose to 53.6 from 50.1 in June. This is bullish for GBPUSD, however the technical setup is bearish.<\/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>\nSell<\/td>\n<\/tr>\n
MA(50)<\/td>\n<\/td>\nBuy<\/td>\n<\/tr>\n
Fractals<\/td>\n<\/td>\nSell<\/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 1.2716<\/td>\n<\/tr>\n
Stop loss<\/b><\/td>\nAbove 1.2761<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Market Analysis provided by IFCMarkets<\/a><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

By IFCMarkets GBPUSD bias is bearish despite improving UK data UK\u2019s manufacturing sector expansion accelerated in July: Markit\u2019s manufacturing PMI rose to 53.6 from 50.1 in June. This is bullish for GBPUSD, however the technical setup is bearish. Indicator VALUE Signal RSI Neutral MACD Sell Donchian Channel Sell MA(50) Buy Fractals Sell Parabolic SAR Sell […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-174052","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/174052","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=174052"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/174052\/revisions"}],"predecessor-version":[{"id":174053,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/174052\/revisions\/174053"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=174052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=174052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=174052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}