A lenda da equipe InstaSpot!
Lenda! Você acha que isso é retórica bombástica? Mas como devemos chamar um homem que se tornou o primeiro asiático a vencer o campeonato mundial de xadrez aos 18 anos e que se tornou o primeiro grande mestre indiano aos 19? Esse foi o começo de um caminho difícil para o título de campeão do mundo para Viswanathan Anand, o homem que se tornou parte da história do xadrez para sempre. Agora mais uma lenda na equipe InstaSpot!
O Borussia é um dos clubes de futebol com mais títulos da Alemanha, que provou repetidamente aos fãs: o espírito de competição e liderança certamente levará ao sucesso. Negocie da mesma maneira que os profissionais do esporte jogam: com confiança e ativamente. Mantenha o "ritmo" do Borussia FC e esteja na liderança com a InstaSpot!
The GBP/USD pair showed no interesting movements on Friday. While the euro saw trading activity for two days this week, the British pound only saw movement on Wednesday. Interestingly, it is still unclear what triggered the strong movement of 150 pips that the market hadn't seen in over a month and a half. Recall that the rise of the British currency began during the night on Wednesday, continued throughout the European session, and ended during the American session. The most important report of the day and the week—the ADP report on the US labor market—was published precisely during the American trading session.
Next week, there will be several important events in the UK; however, each comes with its own "buts." For example, the October GDP report looks significant but is merely a month-on-month change. The market values quarterly and annual data more highly. The industrial production report is also interesting, but in December, the focus for the market will be on American reports concerning the labor market, unemployment, and inflation, along with the FOMC and Bank of England meetings. Therefore, British macroeconomic data will likely provoke only a short-term and mild market reaction.
Andrew Bailey's speech also sounds significant, as the BoE's head rarely speaks publicly. While Christine Lagarde might speak three to four times in a week, Bailey addresses the public approximately once every 2-3 weeks. This makes his speeches always intriguing. However, the market's reaction will depend on whether Bailey communicates anything important. The British central bank's meeting is scheduled for next week, and the market expects a rate cut. Meanwhile, the Fed is expected to ease its monetary policy this week. Thus, it can be assumed that in December neither the dollar nor the pound will appreciate significantly against the other. However, we hold a different opinion.
The FOMC meeting is undoubtedly the key event of the current week. The market is confident that the central bank will proceed with a third consecutive easing, but it is important to note that the Fed currently has no accurate information regarding inflation, unemployment, job vacancies, and employment figures. Therefore, we believe a "surprise" is possible. The ADP report, while disappointing, is not a key indicator of the US labor market. It is also important to consider what Jerome Powell will communicate at the press conference. It is crucial to understand the Fed's stance in the absence of macroeconomic data and its plans for the beginning of 2026. In our view, the upcoming week may bring very unconventional movements, but we have seen quite illogical movements in recent months.
The dollar rose for two months in the absence of substantial and clear news support. Any decline in the pair on the daily timeframe is merely a correction. Corrections eventually come to an end. If the current five-month correction has concluded, the pound will rise regardless of any decisions made by the Fed or the BoE.
The average volatility of the GBP/USD pair over the last five trading days is 75 pips, which is considered "average" for the pair. Therefore, on Monday, December 8, we expect the pair to move within the range defined by the levels 1.3254 and 1.3404. The upper linear regression channel is directed downward, but this is only due to a technical correction on higher timeframes. The CCI indicator has entered the oversold area six times over the last few months and has formed another "bullish" divergence, continuously signaling a resumption of the upward trend. Currently, the indicator has "visited" the overbought area, suggesting the potential for a downward pullback.
The GBP/USD pair is trying to resume the upward trend of 2025, and its long-term outlook has not changed. Donald Trump's policies will continue to exert pressure on the dollar, so we do not expect the US currency to appreciate. Therefore, long positions with targets of 1.3428 and 1.3489 remain relevant in the near term while the price is above the moving average. If the price is below the moving average, small short positions can be considered with a target of 1.3184 on technical grounds. Occasionally, the US currency exhibits corrections (in the global sense), but for a trend-based strengthening, it needs signs of the end of the trade war or other global positive factors.
*A análise de mercado aqui postada destina-se a aumentar o seu conhecimento, mas não dar instruções para fazer uma negociação.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.
