Sterling pound is fully bearish except on Wednesday, following dovish FOMC.
British currency opens on Monday at 1.31830 and touches high sameday at 1.32118, but bearish force GBP to register red bar. On Friday it touches low point 1.30433, recovered a bit to close on 1.30744
After six bullish weeks in a row, gain of 4.0 percent, a 0.93 percent loss, due to traders confusion over British stand on BREXIT. Overall, British PM Theresa May failure to convince government stand, GBP failed to advantage of weaker US Dollar.
Open (on Monday, 28 Jan 2019) 1.31830
High (on Monday, 28 Jan 2019) 1.32118
Low (on Friday, 1 Feb 2019) 1.30433
Close (on Friday, 1 Feb 2019) 1.30744
Weekly loss of GBP (British Pound) against US Dollar is -0.01230 (-0.93 percent)
British currency opens on Monday at 1.31830 and touches high sameday at 1.32118, but bearish force GBP to register red bar. On Friday it touches low point 1.30433, recovered a bit to close on 1.30744
After six bullish weeks in a row, gain of 4.0 percent, a 0.93 percent loss, due to traders confusion over British stand on BREXIT. Overall, British PM Theresa May failure to convince government stand, GBP failed to advantage of weaker US Dollar.
Open (on Monday, 28 Jan 2019) 1.31830
High (on Monday, 28 Jan 2019) 1.32118
Low (on Friday, 1 Feb 2019) 1.30433
Close (on Friday, 1 Feb 2019) 1.30744
Weekly loss of GBP (British Pound) against US Dollar is -0.01230 (-0.93 percent)
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| GBPUSD Hourly Chart Weekly Review 28th Jan to 1st Feb 2019 |
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