Major Trading Levels for GBP Pairs – BOE In Focus!
Arslan Butt•Thursday, November 7, 2019•1 min read
The BOE is highly anticipated to keep the interest rates on hold at 0.75% vs. 0.75% beforehand. While the MPC official bank voting also remains steady at 0-0-9. Sterling may remain supported over the release of the news. Watch out key trading levels…
GBP/USD – Technical Levels
Support Resistance
1.2832 1.2886
1.2812 1.2918
1.2758 1.2971
Key Trading Level: 1.2865
EUR/GBP – Technical Levels
Support Resistance
0.8597 0.8619
0.8585 0.8629
0.8563 0.8652
Key Trading Level: 0.8607
GBP/JPY – Technical Levels
Support Resistance
139.77 140.48
139.46 140.9
138.74 141.62
Key Trading Level: 140.18
GBP/CHF – Technical Levels
Support Resistance
1.2737 1.2794
1.2713 1.2827
1.2656 1.2884
Key Trading Level: 1.277
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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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