Trade The World
GBP tumbles on softer data ahead of next month’s BoE meeting – Scotiabank
بواسطة FXStreet Insights Team
تاريخ النشر: 11 Jul 2025 | تاريخ التعديل: 11 Jul 2025
POPULAR ARTICLES
Pound Sterling (GBP) is down 0.3% againt the US Dollar (USD) and trading heavily in response to the release of weaker than expected data including an unexpected contraction in monthly GDP, a worrisome decline in industrial production, and a wider than expected trade deficit, Scotiabank's Chief FX St
Pound Sterling (GBP) is down 0.3% againt the US Dollar (USD) and trading heavily in response to the release of weaker than expected data including an unexpected contraction in monthly GDP, a worrisome decline in industrial production, and a wider than expected trade deficit, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Multi-month bull trend is being threatened
"The releases will inform BoE policymakers’ discussions ahead of the August 7 meeting. The central bank will also release fresh forecasts along with its next policy decision. The short-term rates market is already pricing significant near -term easing, with over 50bpts by year end and a cumulative 75bpts by next June."
"The multi-month bull trend is being threatened as GBP/USD approaches critical medium-term support at the 50 day MA (1.3497). The RSI has also drifted below 50, suggesting that near-term momentum is starting to lean bearish. We look to near-term support at 1.3500 and resistance above 1.3600."
Acuity Trading
Acuity Trading هي شركة تكنولوجيا مالية مقرها لندن تأسست عام 2013، متخصصة في البيانات البديلة المدعومة بالذكاء الاصطناعي وتحليل المشاعر للتداول والاستثمار. أحدثت ثورة في تجربة التداول عبر الإنترنت عبر أدوات الأخبار البصرية والمشاعر، وتواصل اليوم ريادة السوق ببيانات بديلة مولدة للألفا وأدوات تداول جذابة مدعومة بأحدث أبحاث وتقنيات الذكاء الاصطناعي.
Read More
