Forex Analysis & Reviews: 12.04.2023 - Hot forecast for GBP/USD on...

This section features the most important information about trading with InstaForex. We provide both analysis from leading experts for experienced traders and articles on trading conditions for beginners. Our services will help increase your profit potential.

Become Trader

开户

另见

交易条件

外汇分析

图表

This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.

Start as Beginner

如何开始交易

有用信息

Training and recordings

InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.

Become Investor

PAMM 系统

外汇跟单系统

被动投资

OYS 帐户

Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.

Become Partner

主页

合作伙伴区域

同盟的优势

This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.

All Promo Campaigns

Bonuses

比赛

事件

Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.

Full details

论坛

我们在社交网络

外汇幽默

外汇门户

InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.

Learn More

History

为什么选择我们

InstaSport

法规

公司新闻

奖项

InstaForex 明星

InstaForex 线下

Headquarters

关键文件

的社会责任

InstaForex洛普莱斯队 - 达喀尔拉力赛的正式参与者

12.04.2023 09:44 AM

Hot forecast for GBP/USD on 12/04/2023

The markets have paused in anticipation of the US inflation report, which can determine further developments. There is practically no doubt that the pace of inflation growth will slow down. The only question is how much. The most likely scenario is that it would fall from 6.0% to 5.3%. However, inflation could also slow down more significantly, with some suggesting that it may drop to 5.2%. In any case, further inflationary decline is another argument in favor of an immediate end to the Federal Reserve's current policy, and a start to gradual interest rate cuts. This, of course, will have a negative impact on the dollar, contributing to its further weakening. The extent to which inflation slows down will only determine the scale of the dollar's decline. However, in any case, the market will stay put until the data is released, and some activity will begin prior to it. Moreover, most likely, the dollar will initially strengthen, but then it will start to rapidly fall once the data is released.

Inflation (United States):

GBP/USD has partially recovered its position from the recent pullback. This indicates that the bullish sentiment is still intact. In the future, this could lead to an update of the local high in the medium-term.

On the four-hour chart, the RSI technical indicator crossed the 50 line upwards. This signal may indicate the end of the pullback and an increase in the volume of long positions on the pound.

On the four-hour chart, the Alligator's MAs have multiple intersections, which also indicates the end of the correction. On the daily chart, it signals an uptrend.

Outlook

We can assume that once the pair climbs above the 1.2450 level, this means that the correction has ended, which in turn will lead to a subsequent increase in the volume of long positions and, as a result, to an update of the local high in the medium-term.

Traders can consider a different scenario if the technical signal turns out to be false and the quote falls below 1.2350.

The complex indicator analysis indicates that the pound will recover in the short-term and intraday periods.

你今天已经点赞上这篇文章了

*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。