ہم صرف ایک بروکر نہیں ہیں۔ ہم ایک جامع ٹریڈنگ ایکوسسٹم ہیں—ہر چیز جو آپ کو تجزیے، ٹریڈ اور ترقی کے لیے درکار ہو، ایک ہی جگہ پر ہے۔ کیا آپ اپنی ٹریڈنگ کو بلند کرنے کے لیے تیار ہیں؟
FXStreet (Edinburgh) - The sterling is inching higher on Wednesday, pushing GBP/USD to the upper end of the range in the proximity of 1.5000 the figure.
GBP/USD firmer on BoE minutes
The pound is gathering some traction now, after the BoE minutes showed a repetition of the 9-0 voting pattern favouring a steady stance in monetary policy, with the refi rate at 0.5% and the asset purchase facility at £375 billion. Members also argued that the strong pound is undermining the increase in Core prices; they also see inflation turning negative in the upcoming months and added that UK wages need to improve in order to reach the 2% inflation target.
The pair has managed to recover from April troughs in the 1.4600 neighbourhood, although the area at/above the psychological 1.5000 mark still remains a tough barrier for a more sustainable advance.
GBP/USD relevant levels
At the moment the pair is advancing 0.42% at 1.4990 with the initial hurdle at 1.5008 (high Mar.19) and then 1.5053 (high Apr.17). On the other hand, a breakdown of 1.4857 (low Apr.21) would target 1.4813 (low Apr.16) en route to 1.4798 (200-h MA).