Daily GBPUSD Forex Trading Signals
GBPUSD Trading News
The Free Forex Trading Signals are generated by Fibonacci Expert Advisors and other Indicators used by forexwatch to monitor the exchange rates of GBPUSD.
Today is the Independence Day of the United States and it’s a Bank Holiday in the US. The market may not be very active with the absence of US Traders and high impact trading news.
Last week, the Non Farm Payroll and Unemployment Rate in the US took the center stage.
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US Non Farm Payroll
The Labor Department reported that the Non Farm Payroll recorded a loss of 125,000 jobs against the earlier unofficial forecasts of a loss of 75,000 to 110,000 jobs.
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US Unemployment Rate
The expected reading of this US Unemployment Rate is 9.8% compared to 9.7% for the previous month. The report released showed a drop in unemployment to 9.5% from 9.7%.
For today, the Forex Trading News that will likely influence GBPUSD trades are:
UK Services PMI
The expected reading of this UK Services PMI is 55.0 compared to 55.4 for the previous month.
The Trading Signals for GBPUSD trades is as follows:
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GBPUSD
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Long Position at: 1.5210
Stop Loss at: 1.5170
Take Profit at: 1.5250 / 1.5298
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Short Position at: 1.5160
Stop Loss at: 1.5200
Take Profit at: 1.5120 / 1.5080
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OP, SL & TP at YOUR OWN RISKS
Online GBPUSD Trading Signals
Free GBPUSD Trading Signals are immediately available for all Tadawul Fx Live account traders. The Trading Signals are posted directly in the MT4 Trading Platform up to 6 – 7 times every trading day on GBPUSD, EURUSD, USDCHF, USDJPY. The real-time market updates is to assist traders with their trading decisions.
This is a Free Forex Trading Signals and we must remind you that Forex Trading is a very risky trade. If you decide to trade, kindly note that you trading at your own risks. You Open your Trading Position, Take Profit and place a Stop Loss Order for your trades at Your Own Risks. We hold no responsibility for any losses or damages incurred.
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