The Bank of England held a cautious rate hike. GBP began to retreat from intraday highs, reflecting some disappointment with the prospects of the Bank of England. Risks favor GBP lagging behind the U.S. dollar and euro, according to TD Securities economists.
Our Analysis:
While the price is above 1.2285, follow the recommendations below:
Time frame: D1
Recommendation: long position
Entry point: 1.2323
Take Profit 1: 1.2530
Take Profit 2: 1.2654
Alternative scenario:
If the level 1.2285 is broken-down, follow the recommendations below:
The Bank of Canada (BoC) and the Massachusetts Institute of Technology (MIT) announced a collaboration to study the prospects for a digital Canadian dollar.
Our Analysis:
As long as price is above 0.8640 follow the recommendations below:
Time frame: D1
Recommendation: long position
Entry point: 0.8691
Take Profit 1: 0.8810
Take Profit 2: 0.8910
Alternative scenario:
If the level of 0.8640 is broken-down, follow the recommendations below:
Over the years, Walmart has become the world's largest retailer, making investors very wealthy. Walmart's size, scale and reach make it one of the most popular stocks among investors.
Our Analysis:
As long as the price is above 141.00, follow the recommendations below:
Time frame: D1
Recommendation: long position
Entry point: 144.83
Take Profit 1: 147.00
Take Profit 2: 151.75
Alternative scenario:
In case of breakout of the level 141.00, follow the recommendations below:
Risk Warning: Forex and CFD trading carry a high degree of risk. As such they may not be suitable for all investors. Investors should ensure they fully understand the risks associated with CFD trading before deciding to trade. Investors may choose to seek independent advice and should not risk more than they are prepared to lose.
