#gbpaud - Tickmill Expert Blog - Forex Traders Blog

GBP Firmer As Sticky Inflation Keeps Pressure On BOE

Headline CPI Drops But Not As Much As ExpectedThe latest UK inflation data today offered some hope for consumers. Headline CPI was seen dropping back to 8.7% last month, down from 10.1% the prior...

Market Spotlight: BOE's Pill In Focus Following UK Inflation Fall

Inflation Falls AgainYesterday’s weaker-than-forecast UK inflation reading has put the emphasis back on a BOE pivot. On the back of the BOE’s most recent .5% hike, taking rates to their highest level...

Market Spotlight: GBPAUD Downside Opportunities On Watch

GBPAUD Trend TradingPrice action in GBPAUD is looking interesting here. Following the lengthy block of consolidation we saw over recent month, the pair attempted to breakdown below the 1.7218 level...

Market Spotlight: GBPAUD Downside on Watch

Key Level to Monitor Price action in GBPAUD is looking interesting here. The pair has been stuck in a large 1.7218 – 1.7811 range since late March/ early April. The pair is now testing the lower range...

Market Spotlight: GBPAUD Breakout On Watch

GBPAUD Looking to Breakout Price action in GBPAUD is looking interesting here. The pair has been in range formation for months now, caught between support at 1.7218 and resistance at 1.7811. However,...

GBPAUD,H4 | Potential Bullish Momentum

Type: Bullish BounceKey Levels:Resistance: 1.77885Pivot: 1.75263Support: 1.74422Preferred Case:On the H4, with price moving above the ichimoku cloud and price recently breaking the descending...

GBPAUD, H4 | Potential Bearish Continuation

Type:Bearish ReversalKey Levels:Resistance:1.75459Pivot:1.74333 Support:1.71975Preferred Case:On the H4, with price moving below the ichimoku cloud and in a descending trendline, we have a bearish...

Market Spotlight: GBPAUD Breakout Opportunities

GBPAUD On WatchPrice action in GBPAUD is starting to look interesting here to the long side. Following the failed breakdown below 1.7218, with price instead reversing higher from a strong...

Market Spotlight: Short GBPAUD Opportunities for BOE Today

BOE Up NextToday’s BOE rate decision will be the main focus for FX traders. On the back of the .5% hike from the Fed yesterday, some market participants are adjusting their views, anticipating a...