{"id":3816,"date":"2024-07-16T13:13:44","date_gmt":"2024-07-16T10:13:44","guid":{"rendered":"http:\/\/27.preview.freshtone.ru\/gbpusd-requires-a-pullback-after-update-of-yearly-highs\/"},"modified":"2024-07-16T13:13:44","modified_gmt":"2024-07-16T10:13:44","slug":"gbpusd-requires-a-pullback-after-update-of-yearly-highs","status":"publish","type":"post","link":"https:\/\/27-preview.freshtone.ru\/en\/gbpusd-requires-a-pullback-after-update-of-yearly-highs\/","title":{"rendered":"GBPUSD requires a pullback after update of yearly highs"},"content":{"rendered":"<p><a href=\"https:\/\/marketcheese.com\/symbol\/gbpusd\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>The GBPUSD currency pair<\/strong><\/a> showed a powerful upward movement last week. Quotes updated the annual maximum and came close to the important level of <strong>1.3<\/strong>. This mark halted the upward momentum, which was replaced by a small correction. Since the end of June, the pound against the dollar strengthened without significant pullbacks, which additionally increases the probability of the beginning of a full-fledged wave of GBPUSD decline. The first target of the bears will be the previous high of 2024 set in March just below the level of <strong>1.29<\/strong>.<\/p><p>\u00a0<\/p><p>The growth of the British currency against its US counterpart was triggered by statistics showing a further slowdown in US inflation. <a href=\"https:\/\/marketcheese.com\/indicator\/uk-cpi-yoy\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>However, tomorrow price growth data for June will also be released in the UK<\/strong><\/a>, which could trigger the exact opposite reaction from the pound. Surveys of economists conducted by Bloomberg and Reuters point to further stabilization of inflation near 2%.<\/p><p>\u00a0<\/p><p>Tomorrow&#8217;s inflation report will be the last before the Bank of England meeting on August 1. <a href=\"https:\/\/marketcheese.com\/indicator\/uk-boe-interest-rate-decision\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>Market participants pricing in a 50\/50 chance of a rate cut, but among professional analysts this figure exceeds 80%<\/strong><\/a>. Their point of view was reinforced by yesterday&#8217;s speech of the representative of the British regulator Swati Dhingra, who since February has consistently voted in favor of easing monetary policy.<\/p><p>\u00a0<\/p><p>More dovish stance of the Bank of England could also be supported by labor market data. <a href=\"https:\/\/marketcheese.com\/indicator\/uk-unemployment-rate\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>The full report for June will be presented on Thursday<\/strong><\/a>, but preliminary survey data already confirm a decline in labor demand. Statistics compiled by Recruitment &amp; Employment Confederation reflect a 1.6% decline in the total number of vacancies in the UK over the past month. At the same time, the number of new vacancies fell even more sharply, by 2.6%. As a result, regulator officials will be forced to start cutting interest rates and GBPUSD will go down.<\/p><p>\u00a0<\/p><p>The <strong>RSI<\/strong> and <strong>Stochastic<\/strong> indicators give an overbought signal on the daily chart of GBPUSD. This additionally increases the chances of a corrective pullback of the pair to the level of <strong>1.29<\/strong>.<\/p><p>\u00a0<\/p><p><br><\/p><p>The following trading strategy can be suggested:<\/p><p>\u00a0<\/p><p><strong>Sell GBPUSD in the range of 1.295\u20131.297. Take profit \u2014 1.29. Stop loss \u2014 1.3.<\/strong><\/p><p>\u00a0<\/p><p>Traders can also use a <strong>Trailing stop<\/strong> instead of a fixed <strong>Stop loss<\/strong> at their discretion.<\/p>","protected":false},"excerpt":{"rendered":"Market analysis by financial analysts and experienced traders. Forecast for GBPUSD.","protected":false},"author":1,"featured_media":3811,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-3816","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forecasts-en"],"translation":{"provider":"WPGlobus","version":"2.12.2","language":"en","enabled_languages":["ru","en"],"languages":{"ru":{"title":true,"content":true,"excerpt":true},"en":{"title":false,"content":false,"excerpt":false}}},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>GBPUSD requires a pullback after update of yearly highs - SSC<\/title>\r\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"GBPUSD requires a pullback after update of yearly highs - SSC\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/27-preview.freshtone.ru\/en\/gbpusd-requires-a-pullback-after-update-of-yearly-highs\/\" \/>\r\n<meta property=\"og:site_name\" content=\"SSC\" \/>\r\n<meta property=\"article:published_time\" content=\"2024-07-16T10:13:44+00:00\" \/>\r\n<meta property=\"og:image\" content=\"https:\/\/27-preview.freshtone.ru\/wp-content\/uploads\/2024\/07\/fb911139541274b170aa06b907effb6e7d747a6fcbcd8f46a49c7da2351.png\" \/>\r\n\t<meta property=\"og:image:width\" content=\"1346\" \/>\r\n\t<meta property=\"og:image:height\" content=\"759\" \/>\r\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\r\n<meta name=\"author\" content=\"admin\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/27-preview.freshtone.ru\/en\/gbpusd-requires-a-pullback-after-update-of-yearly-highs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/27-preview.freshtone.ru\/en\/gbpusd-requires-a-pullback-after-update-of-yearly-highs\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/27-preview.freshtone.ru\/#\/schema\/person\/9b243d2c4470026d0c789966b4b487d5\"},\"headline\":\"GBPUSD requires a pullback after update of yearly highs\",\"datePublished\":\"2024-07-16T10:13:44+00:00\",\"dateModified\":\"2024-07-16T10:13:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/27-preview.freshtone.ru\/en\/gbpusd-requires-a-pullback-after-update-of-yearly-highs\/\"},\"wordCount\":373,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/27-preview.freshtone.ru\/#organization\"},\"articleSection\":[\"Forecasts\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/27-preview.freshtone.ru\/en\/gbpusd-requires-a-pullback-after-update-of-yearly-highs\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/27-preview.freshtone.ru\/en\/gbpusd-requires-a-pullback-after-update-of-yearly-highs\/\",\"url\":\"https:\/\/27-preview.freshtone.ru\/en\/gbpusd-requires-a-pullback-after-update-of-yearly-highs\/\",\"name\":\"GBPUSD requires a pullback after update of yearly highs - SSC\",\"isPartOf\":{\"@id\":\"https:\/\/27-preview.freshtone.ru\/#website\"},\"datePublished\":\"2024-07-16T10:13:44+00:00\",\"dateModified\":\"2024-07-16T10:13:44+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/27-preview.freshtone.ru\/en\/gbpusd-requires-a-pullback-after-update-of-yearly-highs\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/27-preview.freshtone.ru\/en\/gbpusd-requires-a-pullback-after-update-of-yearly-highs\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/27-preview.freshtone.ru\/en\/gbpusd-requires-a-pullback-after-update-of-yearly-highs\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0413\u043b\u0430\u0432\u043d\u0430\u044f \u0441\u0442\u0440\u0430\u043d\u0438\u0446\u0430\",\"item\":\"https:\/\/27-preview.freshtone.ru\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GBPUSD requires a pullback after update of yearly highs\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/27-preview.freshtone.ru\/#website\",\"url\":\"https:\/\/27-preview.freshtone.ru\/\",\"name\":\"SSC\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/27-preview.freshtone.ru\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/27-preview.freshtone.ru\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/27-preview.freshtone.ru\/#organization\",\"name\":\"SSC\",\"url\":\"https:\/\/27-preview.freshtone.ru\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/27-preview.freshtone.ru\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ssctrades.com\/wp-content\/uploads\/2023\/10\/opengraph.png\",\"contentUrl\":\"https:\/\/ssctrades.com\/wp-content\/uploads\/2023\/10\/opengraph.png\",\"width\":1200,\"height\":630,\"caption\":\"SSC\"},\"image\":{\"@id\":\"https:\/\/27-preview.freshtone.ru\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/27-preview.freshtone.ru\/#\/schema\/person\/9b243d2c4470026d0c789966b4b487d5\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/27-preview.freshtone.ru\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/900e9201551c479ef31eaafe8c1acae387e752aa7a6ca9851d3d3e9259655409?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/900e9201551c479ef31eaafe8c1acae387e752aa7a6ca9851d3d3e9259655409?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\/\/2.test.freshtone.ru\"]}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"GBPUSD requires a pullback after update of yearly highs - SSC","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"GBPUSD requires a pullback after update of yearly highs - SSC","og_url":"https:\/\/27-preview.freshtone.ru\/en\/gbpusd-requires-a-pullback-after-update-of-yearly-highs\/","og_site_name":"SSC","article_published_time":"2024-07-16T10:13:44+00:00","og_image":[{"width":1346,"height":759,"url":"https:\/\/27-preview.freshtone.ru\/wp-content\/uploads\/2024\/07\/fb911139541274b170aa06b907effb6e7d747a6fcbcd8f46a49c7da2351.png","type":"image\/png"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/27-preview.freshtone.ru\/en\/gbpusd-requires-a-pullback-after-update-of-yearly-highs\/#article","isPartOf":{"@id":"https:\/\/27-preview.freshtone.ru\/en\/gbpusd-requires-a-pullback-after-update-of-yearly-highs\/"},"author":{"name":"admin","@id":"https:\/\/27-preview.freshtone.ru\/#\/schema\/person\/9b243d2c4470026d0c789966b4b487d5"},"headline":"GBPUSD requires a pullback after update of yearly highs","datePublished":"2024-07-16T10:13:44+00:00","dateModified":"2024-07-16T10:13:44+00:00","mainEntityOfPage":{"@id":"https:\/\/27-preview.freshtone.ru\/en\/gbpusd-requires-a-pullback-after-update-of-yearly-highs\/"},"wordCount":373,"commentCount":0,"publisher":{"@id":"https:\/\/27-preview.freshtone.ru\/#organization"},"articleSection":["Forecasts"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/27-preview.freshtone.ru\/en\/gbpusd-requires-a-pullback-after-update-of-yearly-highs\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/27-preview.freshtone.ru\/en\/gbpusd-requires-a-pullback-after-update-of-yearly-highs\/","url":"https:\/\/27-preview.freshtone.ru\/en\/gbpusd-requires-a-pullback-after-update-of-yearly-highs\/","name":"GBPUSD requires a pullback after update of yearly highs - SSC","isPartOf":{"@id":"https:\/\/27-preview.freshtone.ru\/#website"},"datePublished":"2024-07-16T10:13:44+00:00","dateModified":"2024-07-16T10:13:44+00:00","breadcrumb":{"@id":"https:\/\/27-preview.freshtone.ru\/en\/gbpusd-requires-a-pullback-after-update-of-yearly-highs\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/27-preview.freshtone.ru\/en\/gbpusd-requires-a-pullback-after-update-of-yearly-highs\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/27-preview.freshtone.ru\/en\/gbpusd-requires-a-pullback-after-update-of-yearly-highs\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0413\u043b\u0430\u0432\u043d\u0430\u044f \u0441\u0442\u0440\u0430\u043d\u0438\u0446\u0430","item":"https:\/\/27-preview.freshtone.ru\/"},{"@type":"ListItem","position":2,"name":"GBPUSD requires a pullback after update of yearly highs"}]},{"@type":"WebSite","@id":"https:\/\/27-preview.freshtone.ru\/#website","url":"https:\/\/27-preview.freshtone.ru\/","name":"SSC","description":"","publisher":{"@id":"https:\/\/27-preview.freshtone.ru\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/27-preview.freshtone.ru\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/27-preview.freshtone.ru\/#organization","name":"SSC","url":"https:\/\/27-preview.freshtone.ru\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/27-preview.freshtone.ru\/#\/schema\/logo\/image\/","url":"https:\/\/ssctrades.com\/wp-content\/uploads\/2023\/10\/opengraph.png","contentUrl":"https:\/\/ssctrades.com\/wp-content\/uploads\/2023\/10\/opengraph.png","width":1200,"height":630,"caption":"SSC"},"image":{"@id":"https:\/\/27-preview.freshtone.ru\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/27-preview.freshtone.ru\/#\/schema\/person\/9b243d2c4470026d0c789966b4b487d5","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/27-preview.freshtone.ru\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/900e9201551c479ef31eaafe8c1acae387e752aa7a6ca9851d3d3e9259655409?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/900e9201551c479ef31eaafe8c1acae387e752aa7a6ca9851d3d3e9259655409?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/2.test.freshtone.ru"]}]}},"_links":{"self":[{"href":"https:\/\/27-preview.freshtone.ru\/en\/wp-json\/wp\/v2\/posts\/3816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/27-preview.freshtone.ru\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/27-preview.freshtone.ru\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/27-preview.freshtone.ru\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/27-preview.freshtone.ru\/en\/wp-json\/wp\/v2\/comments?post=3816"}],"version-history":[{"count":0,"href":"https:\/\/27-preview.freshtone.ru\/en\/wp-json\/wp\/v2\/posts\/3816\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/27-preview.freshtone.ru\/en\/wp-json\/wp\/v2\/media\/3811"}],"wp:attachment":[{"href":"https:\/\/27-preview.freshtone.ru\/en\/wp-json\/wp\/v2\/media?parent=3816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/27-preview.freshtone.ru\/en\/wp-json\/wp\/v2\/categories?post=3816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/27-preview.freshtone.ru\/en\/wp-json\/wp\/v2\/tags?post=3816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}