分析と予測

GBP/USD Strong Sell: Key Currency and Technical Analysis (15-Minute Chart) - August 1, 2024

1 8月 2024, 13:28
Masayuki Sakamoto
Masayuki Sakamoto
0
10
EUR/USD (Euro/US Dollar) - Buy EUR/USD is currently trading around 1.0830, with market attention focused on the upcoming release of July business activity statistics from the European Union. The Eurozone Manufacturing PMI has risen from 45.6 to 45.8 points, and Germany's Manufacturing PMI increased from 42.6 to 43.2 points. Additionally, Italy's Manufacturing PMI unexpectedly rose from 45.7 to 47.4 points. These data could potentially influence European Central Bank (ECB) policy. Meanwhile, the U.S. is also set to release Manufacturing PMI data, which could impact the market.

GBP/USD (British Pound/US Dollar) - Strong Sell GBP/USD is trading around 1.2850. Market participants are cautious ahead of the Bank of England's meeting results. Many analysts expect a 0.25% rate cut, bringing the rate to 5.00%. Meanwhile, the U.S. Federal Reserve (FRB) has held rates steady at 5.50%, with the possibility of a rate cut in September. Focus is also on U.K. economic indicators, as U.S. labor market data could influence future monetary policy.

AUD/USD (Australian Dollar/US Dollar) - Buy AUD/USD is trading around 0.6547, continuing a bearish trend. Australia's inflation data came in below expectations, with the Consumer Price Index (CPI) rising by 1.0% quarter-on-quarter and 3.8% year-on-year, increasing the likelihood of a rate cut. U.S. employment data fell short of expectations, potentially supporting the Australian dollar.

USD/JPY (US Dollar/Yen) - Strong Buy USD/JPY is currently trading around 149.70, showing a strong downward trend throughout the week. The Bank of Japan (BOJ) has raised rates to 0.25% and announced a reduction in government bond purchases, strengthening the yen. In the U.S., the Federal Reserve has held rates steady, requiring further confirmation before reaching the 2.0% inflation target.

XAU/USD (Gold/US Dollar) - Sell XAU/USD is trading around 2445.00, with geopolitical tensions supporting gold prices. Ongoing missile attacks between Israel and Hamas, and the anticipated response from Iran, are of particular concern. The Federal Reserve's decision to hold rates steady has increased pressure on gold prices. The final report on the U.S. labor market is expected later this week.


#Technical, Analysis