Sign in
  • NFT
  • Crypto
  • Stocks
  • DeFI
  • KNIGHTS
  • Luxury
  • Trade
  • Horse Racing
  • Travel
  • Crypto Caps
Sign in
Welcome!Log into your account
Forgot your password?
Privacy Policy
Password recovery
Recover your password
Search
Sign in
Welcome! Log into your account
Forgot your password? Get help
Privacy Policy
Password recovery
Recover your password
A password will be e-mailed to you.
Live Trading News Live Trading News
Knights App
Live Trading News Live Trading News
  • NFT
  • Crypto
  • Stocks
  • DeFI
  • KNIGHTS
  • Luxury
  • Trade
  • Horse Racing
  • Travel
  • Crypto Caps
Home FX British Pound: GBP/USD (GBP=X) Volatility is Back
  • FX
  • GBP
  • Headline News
  • Investments
  • Shayne Heffernan
  • Opinion
  • Todays Trade Ideas
  • USD

British Pound: GBP/USD (GBP=X) Volatility is Back

By
HEFFX
-
December 22, 2020
46
0
Facebook
Twitter
Pinterest
WhatsApp

    $GBP #BritishPound #USD #FX #Currencies #Trading #Metastock

    British Pound
    Ticker: GBP=
    Price: $1.3408

    British Pound News

    GBP/USD is currently trying to settle below 1.3350 while the U.S. dollar is gaining ground against a broad basket of currencies.

    Join Knightsbridge Live affiliate program and for every referral, you earn a bonus of up to $20,000 plus free trades. The best way to earn extra income!

    The U.S. Dollar Index managed to get above the resistance at 90.15 and is trying to settle above the next resistance level at 90.50. If this attempt is successful, the U.S. Dollar Index will head towards the next major resistance level at the 20 EMA at 91 which will be bearish for GBP/USD.

    Why Metastock? Can it help my trades? Watch the video!

    British pound found itself under serious pressure after a new COVID-19 strain was found in Britain. This strain is believed to be more infectious, and many European countries have already closed their borders for British travelers.

    Meanwhile, UK and EU failed to reach consensus on the Brexit deal over the weekend but will continue talks on Monday. Fisheries and level playing field are the main obstacles on the way to the deal, and negotiators have failed to find any compromise on these issues for many months.

    Today, foreign exchange market traders will also wait for the results of U.S. stimulus vote as Republicans and Democrats managed to reach a compromise deal over the weekend.

    Join Knightsbridge Live affiliate program and for every referral, you earn a bonus of up to $20,000 plus free trades. The best way to earn extra income!

    GBP/US Dollar Exchange Rate

    Today’s Forex Rates

    GBP/US Dollar FX Polls

    Economic Events

    Technical Indicators

    Overall, the bias in prices is: Upwards.

    By the way, prices are vulnerable to a correction towards 1.31.

    The projected upper bound is: 1.36.

    The projected lower bound is: 1.32.

    The projected closing price is: 1.34.

    Candlesticks

    A black body occurred (because prices closed lower than they opened).
    During the past 10 bars, there have been 5 white candles and 5 black candles. During the past 50 bars, there have been 26 white candles and 24 black candles for a net of 2 white candles.

    Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.

    Momentum Indicators

    Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

    Stochastic Oscillator

    One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 60.6851. This is not an overbought or oversold reading. The last signal was a sell 1 period(s) ago.

    Relative Strength Index (RSI)

    The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 53.38. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 89 period(s) ago.

    MACD

    The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 3 period(s) ago.

    Rex Takasugi – TD Profile

    FOREX GBP= closed down -0.006 at 1.341. Volume was 68% below average (consolidating) and Bollinger Bands were 24% narrower than normal.

    Open   High    Low    Close    Volume
    1.346  1.347   1.338  1.341    45,874
    Technical Outlook
    Short Term:        Neutral
    Intermediate Term: Bullish
    Long Term:         Bullish
    Moving Averages: 10-period    50-period     200-period
    Close:           1.34         1.32          1.28
    Volatility:      11           10            13
    Volume:          130,280      146,544       135,567

    Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

    Summary

    FOREX GBP= is currently 4.9% above its 200-period moving average and is in an upward trend. Volatility is extremely high when compared to the average volatility over the last 10 periods. There is a good possibility that volatility will decrease and prices will stabilize in the near term.

    Our volume indicators reflect volume flowing into and out of GBP= at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on GBP= and have had this outlook for the last 49 periods.

    • TAGS
    • #best forex company Heffx
    • #best fx account
    • #best fx company
    • #British Pound
    • #daily stock brief Heffx
    • #gbp daily technials
    • #gbp forecast
    • #gbp news
    • #gbp price forecast
    • #gbp technical analysis
    • #gbp technicals
    • #gbp to usd
    • #GBP/USD
    • #GBP=X
    • #heffx
    • #investing
    • #make money trading fx with Heffx
    • #morning call with Heffx
    • #open an account fx
    • #pound currency
    • #shayne heffernan
    • #shayne Heffernan well known Asia economist
    • #trade like Shayne Heffernan
    • #trading
    Facebook
    Twitter
    Pinterest
    WhatsApp
      Previous articleTesla (NASDAQ:TSLA) Stock Dips After S&P Inclusion
      Next articleWall Street’s Key Stock Analysts Research Report, All Buys
      HEFFX
      http://www.heffx.com
      HEFFX has become one of Asia’s leading financial services companies with interests in Publishing, Private Equity, Capital Markets, Mining, Retail, Transport and Agriculture that span every continent of the world. Our clearing partners have unprecedented experience in Equities, Options, Forex and Commodities brokering, banking, physical metals dealing, floor brokering and trading.

      RELATED ARTICLESMORE FROM AUTHOR

      kiba
      Crypto

      Top 5 Performers In The BNB Chain – May Edition

      Crypto

      ShapeShift DAO Now Integrates Unstoppable Domains With NFT Domains

      Blockchain

      Binance Connect Partner With Trust Wallet To Make Crypto Easy

      knightsdaox

      knightsdaox
      A milestone for @badgirlsdoitwell_creative as one A milestone for @badgirlsdoitwell_creative as one of the NFT Images was used by Lingerie Super Brand @AgentProvocateur on their IG check out the NFT https://opensea.io/assets/matic/0x2953399124f0cbb46d2cbacd8a89cf0599974963/101458004406135600874609164373135723553804373497245323439856933381756336209921
      Happy Songkran สุขสันต์วันสงกรานต์ from #Thailand
      Banneker NFT Watches and Jewelry for the Metaverse Banneker NFT Watches and Jewelry for the Metaverse
@bannekerwatches OTC:BANI is designing and releasing a series of NFT Watches and Jewelry that will not only be standalone NFTs they will also be capable of use in the Metaverse.
In the spirit of the Company and its Management Banneker will be using this platform to promote and educate the world on America’s forgotten Heroes, Men and Women like Banneker himself, Robert Smalls, Fannie Lou Hamer and the list goes on and on.
Utility
•	Authentic Banneker Watch Giveaways
•	Exclusive Banneker Merch Shop And Merch Giveaways
•	Virtual And In Real Life Events
•	Access To Special Airdrops and Whitelists
•	Use in Metaverse
•	Promoting Awareness of American Heroes in cutting edge ways
•	...AND MORE!
Banneker, Inc., is a designer, manufacturer and distributor of high-quality watches, clocks, jewelry, and ancillary products. Banneker timepieces are inspired by the amazing achievements of Benjamin Banneker who, in 1753, completed construction of the first striking clock in America from parts he hand carved of wood. All Banneker Watches and clocks contain some type of exotic wood as a way to pay tribute to this incredible accomplishment. All Banneker products are shipped with additional information about the life and legacy of Benjamin Banneker. Banneker, Inc. made the first ever NBA championship watch for the Miami Heat 2006 NBA championship to go with the championship ring. Banneker also created the first-ever urban line of class jewelry for high school and college students which included a class watch (which was invented and created by Banneker), class rings, class earrings and class medallions with real Burl wood on each item.
Available Soon Exclusively on Knights and Exportable to any Chain you prefer
      Miami Heat Legend and Hall of Fame Star Tim Hardaw Miami Heat Legend and Hall of Fame Star Tim Hardaway NFTs for the Metaverse. Available Exclusively on Knights and Exportable to any Chain you prefer
Tim Hardaway NFTs will not only be standalone NFTs they will also be capable of use in the Metaverse.
The Series will include
His Miami Heat retired Number 10 designs
Images from his Career
Miami Heat 2006 NBA championship Watch NFTs
Banneker OTC:BANI
      Celebrated Artist @susanleyland is in the process Celebrated Artist @susanleyland is in the process of bringing to life some of history's greatest race horses that will also become NFTs available Exclusively through Knights. The NFTs of each work will range from "experiences" of the horse as well as foundation horses in a Metaverse Stable.
      We are honored that the THE TREBEK SILVA NFT ART G We are honored that the THE TREBEK SILVA NFT ART GALLERY has chosen to work with Knights Exclusively
Elaine Trebek is a successful contemporary artist and marketing entrepreneur having created, executed and sold two multi-million dollar companies, opened the first Urban Art Gallery in West Hollywood CA and nurtured young artists.
Elaine, (formerly married to Alex Trebek). boasts a “sold-out” exhibition of her own works titled: BARE SOCIETY.
Check out her NFT: “Armed & Dangerous”.
      We are honored that the THE TREBEK SILVA NFT ART G We are honored that the THE TREBEK SILVA NFT ART GALLERY has chosen to work with Knights Exclusively. 
Natalie Silva is a successful established artist who grew up during the 1980s, an era of growing capitalism,
Political upheaval, worldwide mass media, wealth discrepancies and unique music and fashion.
Her art has been featured in galleries throughout the World.
      Our Multi-Chain NFT Market Place is now live and w Our Multi-Chain NFT Market Place is now live and we are in testing, get ready for some exciting NFT releases.
      @financeblocks will be coming to Knights very soon @financeblocks will be coming to Knights very soon, as the news has spread it has almost doubled, but that is just the beginning
      We love our community We love our community
      This weeks winners drop your BSC address in our te This weeks winners drop your BSC address in our telegram group https://t.me/knightsDAO another #meme contest coming this week
      Guys thanks for the love, we are announcing the wi Guys thanks for the love, we are announcing the winner of the #meme contest in our Telegram Group, we are announcing a new Twitter Meme competition as well
      Soon you will be able to become a member of the Di Soon you will be able to become a member of the Diamond hands Club at Knights
      Ugly Duck Society NFT @uglyducksociety A supply of Ugly Duck Society NFT
@uglyducksociety
A supply of 7,777 unique NFT’s within the animal kingdom of crypto. Get into the Discord
discord.gg/5RwbVf67
      Vote For Ukraine Coin at http://CoinsZap.com Crypt Vote For Ukraine Coin at http://CoinsZap.com Cryptocurrency as a tool for helping refugees and displaced Ukrainians to regain homes, businesses and restore the economy
      This week we launch a very unique #NFT Trading Pla This week we launch a very unique #NFT Trading Platform. Verified, Vetted and Very Collectable NFTs only. No Fakes, No Scams. Every collection will be reviewed by our team and only projects with a strong chance of success will qualify. Some high profile artists and collections are all ready onboard, if you would like to be considered let us know.
      Our Lazy Rare Ape #1010 What's in development: Gam Our Lazy Rare Ape #1010 What's in development: Games, Memes, Metaverse, Airdrops, Ape Items, Treasure Hunts, NFT Engine, Cartoons and content
      Check out @metaraceworld NFT with real utility Check out @metaraceworld NFT with real utility
      Are you a #Crypto Bull? NFT Bull races are coming Are you a #Crypto Bull? NFT Bull races are coming to the metaverse, get your bull now NFT https://t.co/M0428njYmh
      from @uglyducksociety Join us MONDAY March 28th 5: from @uglyducksociety Join us MONDAY March 28th 5:30pm with our special guest @mikefraietta AKA #MULTICHAINMIKE @kidfolio #EMPIREDAO #monkeydao NFTS & much more! Don’t miss this it will be a banger! Go to YouTube type in UGLY Duck Society - we pop right up.
      Load More Follow on Instagram
      Live Trading News
      Your Trusted Source For All Crypto and Stocks Related News
      Contact us: [email protected]

      EVEN MORE NEWS

      kiba

      Top 5 Performers In The BNB Chain – May Edition

      June 24, 2022

      SIMBA Chain Launch Their Fiat-Focused NFT Market, Offer Simple Experiences

      June 24, 2022

      Binance Signs A Deal With Cristiano Ronaldo for Exclusive Partnership

      June 23, 2022

      POPULAR CATEGORY

      • Headline News12356
      • Top Stories11987
      • Investments10936
      • Shayne Heffernan7722
      • Shayne Heffernan7546
      • Paul Ebeling7125
      • Stocks6674
      • About us
      • Advertise
      • Send us a tip!
      • Write a review
      • Contact us
      © LiveTradingNews
      MORE STORIES

      US Stocks Advanced for 3rd Quarter Running

      September 30, 2019

      New Zealand Dollar: NZD/USD (NZD=X) direction likely to be determined by...

      July 25, 2019

      Japanese Yen: USD/JPY (JPY=X) rises above 107 vs dollar, highest since...

      June 25, 2019