Tickmill’s Investing Diva, GBPUSD Daily Outlook 04-05-20
<p>GBPUSD Daily Outlook – Last week the US dollar was the net loser thanks to gloomy economic updates in the US and more Fed stimulus. The British pound finished the week as a net winner after mixed priced action mostly driven global risk sentiment.</p>
<p>Welcome to the Tickmill update, I’m Kiana Danial the founder of the Invest Diva movement. Make sure to subscribe to the <a href="https://www.youtube.com/channel/UCygXlFW43dWBKnNty1s-W_g">Tickmill YouTube channel</a> and support us by liking and sharing this video with your forex trading friends.</p>
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<p>This week we’ll be eyeing key economic data from Australia and New Zealand while following up with the COVID-19 situation around the world.</p>
<p>Canada and the US will print their jobs report on Friday.</p>
<p>Today I’m looking at the GBP/USD pair which broke above the daily Ichimoku cloud last week and is now on its pullback phase towards the upper band of the Ichimoku cloud. The future cloud appears bullish and the pivot level is set at 1.24. If this level holds, we could expect the bulls to regain energy mid-week and bring the pair up towards 1.27.</p>
<p>Do you think the bulls have more sentiment left in them this week? Head over to the Comments section and let me know.</p>
<p><strong>Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other group or individual or company.</strong></p>
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