Online, Forex, trading, online trading platforms, Meta Trader 4, MBCFX Advanced Platform, Inter-Bank Currenex platform, trade, online, Spot Oil, Spot Gold, Spot Silver, Futures & Commodities, Equities,  currency trading, customer service, financial markets
                 
Demo   Live   Report  
     
               
 
 English       |   Contact
   
 
    Home        Services        Products        Back Office        Education        Download center        About Us  
  


GBP/USD Forecast July 25, 2014
 
Open Account
  Download Center
Metatrader 4,MBCFX Advanced Platform,Currenex platform
  Contact Info
  Request a
  Call Back
  E-mail Response
  Online Chat
     
     
  Free Signals
 
Register Now and start receiving :

Real time alerts, when to buy/sell, take profit, stop loss.
Live Daily Technical/ Fundamental Analysis.
And more...

Full Name :

E-Mail :

Phone :

Country :

Previous news

25/07/2014
24/07/2014
23/07/2014
22/07/2014
21/07/2014
18/07/2014
17/07/2014
16/07/2014
15/07/2014
14/07/2014
11/07/2014
10/07/2014
09/07/2014
08/07/2014
07/07/2014
04/07/2014
03/07/2014
02/07/2014
01/07/2014
  


Fundamental Analysis

The UK economic news for yesterday were almost positive, as the consumer confidence and the retail sales data increased sightly, which confirms the recover of the UK economy during the second quarter of this year.
And the hosing sector recovered significantly and the ho me prices rose more than 11% during this year which may push the bank of England to hike its interest rates in the first quarter of 2015.
Concerning the US economy, the initial jobless claims declined by 19 thousands demands hitting its lowest level in 8 years and recorded 284 thousands during the last week,while the new home sales for the month of June decreased.
So the market has witnessed the release of mixed data which did not give us a clear image about the first worldwide economy.

Technical Analysis



The pound dollar retreated and broke through the first trend level to the downside, and now the pair is in process to hit the second trend which corresponds to the simple moving average 100.
Also the MAC D and the Stochastic indicators confirm further decline of the prices toward the main targets stated in our daily newsletters.

To know the expected scenario of the Cable, and follow the rest of the technical analysis, and to know the next target of this pair and other currencies, register now on our website

http://www.mbcfx.com/newsletters.php

And start receiving buy and sell signals, also taking profit levels.
MBCFX Technical Analysis Team will support you and reply to all your requests.

   

Are you interested to learn the Technical & Fundamental Analysis?

MBCFX Industry Experts offer you a unique opportunity through interactive live Free Webinar sessions to learn:

. How to read charts and perform advanced technical analysis.
. How to place trades and understand order types, as well as managing positions.
. How to trade Forex as well as other instruments we offer, such as oil, gold, etc.

Every webinar will conclude with 30 minutes with a live Q&A session.


  The Services on this Website are not being offered in the UNITED STATES, to US RESIDENTS or US PERSONS as defined under US law.
Foreign Exchange (FX) and Margin trading is a high risk investment and it is possible to lose more than your initial investment. Only speculate with money you can afford to lose. These products may not be suitable for all investors, therefore ensure you fully understand the risks involved and seek independent advice if necessary.
 
  © September 2010 mbcfx.com | Privacy Policy | Risk Disclosure | Terms Of Service | Client Agreement |Currency Converter