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[QUOTE="Mikhail Kurakin, post: 195999, member: 2368"] [b] GBP/USD: pound retreating from record highs[/b] Current trend The British pound shows ambiguous dynamics against the US dollar during the Asian session on June 2, consolidating near the level of 1.4150. Yesterday, investors slightly corrected their long positions on the instrument, which was due to the strengthening of the USD positions against the background of the publication of positive US macroeconomic statistics. Thus, the Markit Manufacturing PMI for May rose from 61.5 to 62.1 points, which was better than the market's neutral forecasts. ISM Manufacturing PMI strengthened from 60.7 to 61.2 points, while analysts did not expect any changes in this case either. In turn, UK Manufacturing PMI for May fell for the first time in a long time, decreasing from 66.1 to 65.6 points. On Wednesday, British investors await the publication of a block of statistics on consumer lending for April. Experts' forecasts are very optimistic and suggest that consumers continue to increase their activity as the epidemiological situation in the country improves. Support and resistance On the daily chart, Bollinger Bands are growing slightly. The price range narrows, reflecting the emergence of ambiguous dynamics in the short term. MACD falls, maintaining a fairly strong sell signal (the histogram is below the signal line). Stochastic reversed at the level of 80 and maintains a strong downward trend, signaling in favor of the development of "bearish" dynamics in the ultra-short term. Resistance levels: 1.4200, 1.4247, 1.4300. Support levels: 1.4135, 1.4100, 1.4050, 1.4000. [img]https://media.clawshorns.com/uploads/files/0d00e569e4e3e243dcfbb5d73d148206.png[/img] [img]https://media.clawshorns.com/uploads/files/63d836f8904d95b4cde5c23a207e6a18.png[/img] [/QUOTE]
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