|
Research
gbp/usd Technicals
Friday, 09 May 2008 14:21:16 GMT
By Jamie Saettele, Technical Currency Analyst
gbp/usd Fundamentals
Friday, 09 May 2008 21:52:59 GMT
By Kathy Lien, Chief Strategist
       |
|
|
British Pound (GBP)
|
 Current Time -
London: 2:31 AM
| EST: 9:31 PM
| GMT: 1:31 AM
|
|
|
| SENTIMENT AND POSITIONING |
|
|
SSI Positioning
|
|
|
COT Positioning
|
|
|
|
| FUNDAMENTALS — THIS WEEKS ECONOMIC RELEASES |
|
|
|
Most Recent Economic Releases |
Forecast |
Previous |
|
GBP Purchasing Manager Index Services (APR) |
51.7 |
52.1 |
|
GBP Official Reserves (Changes) (APR) |
|
$45.0M |
|
GBP Nationwide Consumer Confidence (APR) |
74.0 |
77.0 |
|
GBP Industrial Production (MoM) (MAR) |
-0.1% |
0.3% |
|
GBP Industrial Production (YoY) (MAR) |
0.8% |
1.2%(R-) |
|
GBP Manufacturing Production (MoM) (MAR) |
0.0% |
0.4% |
|
GBP Manufacturing Production (YoY) (MAR) |
1.2% |
1.9% |
|
GBP BRC Shop Price Index (APR) |
0.2% |
0.2% |
|
|
|
|
Technicals - Support and Resistance for GBP |
|
Support and Resistance Levels |
|
|
Interest Rate Outlook |
|
Key Levels |
Strength |
Comments |
|
|
Timeframe |
Target |
|
R4 |
2.0460 |
High |
61.8% Fibo 2.1158-1.9343 |
|
|
Benchmark |
5.00 |
|
R3 |
2.0397 |
High |
3/14 High |
|
|
|
|
|
R2 |
2.0084 |
High |
200 Day - SMA |
|
|
1 Week |
5.118 |
|
R1 |
2.0024 |
Medium |
38.2% Fibo 2.1158-1.9343 |
|
|
1 Month |
5.456 |
|
S1 |
1.9600 |
High |
Bollinger Band Support |
|
|
3 Month |
5.815 |
|
S2 |
1.9400 |
Medium |
Psychological Support |
|
|
6 Month |
5.819 |
|
S3 |
1.9300 |
Weak |
Psychological Support |
|
|
9 Month |
5.816 |
|
S4 |
1.9203 |
High |
50.0% Fibo 1.7231-2.1196 |
|
|
1 Year |
5.806 |
|
|
|
|
| FROM THE CENTRAL BANK |
|
| |
Central Bank: |
Bank of England |
| |
Current Bias: |
Dovish |
| |
Current Interest Rate: |
5.00% |
| |
Last Change: |
04/10/2008 cut 25bp |
| |
Next Meeting: |
05/08/2008 More Dates |
Latest Bank of England Interest Rate Outlook |
|
Central Bank Governor: Mervyn King
Current Voting Members: Kate Barker, Charles Bean, Tim Besley, Prof. David Blanchflower, Andrew Sentance, Paul Tucker |
|
| |
|
More Discussions 
