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GBP/USD Forecast: At Risk Of Extending Its Bearish Correction Toward 1.3190
Monday, December 16, 2019 - 4:40pm | 333Read More...GBP/USD Current Price: 1.3336 UK PM Johnson to bring the Brexit bill to Parliament next Friday. UK Markit manufacturing and services indexes contracted further in December. GBP/USD at risk of extending its bearish correction toward 1.3190. The GBP/USD pair has spent the first day of the week...
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UK Elections Analysis: Three Reasons Why Johnson's Landslide Majority May Propel GBP/USD Far Higher
Friday, December 13, 2019 - 2:07pm | 650Read More...Massive Conservative majority may expedite passing Brexit and provide certainty. Johnson's personal mandate may allow him to ignore the demands of hard-Breixteers. The people behind the campaign are likely to push for business-friendly policies. "Do or die" was one of Prime...
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GBP/USD Forecast: Holding Near A Multi-Month High
Tuesday, December 10, 2019 - 4:43pm | 338Read More...GBP/USD Current Price: 1.3198 UK data missed the market’s expectations but didn’t affect the Sterling. Hopes that UK PM Johnson will win the general election persist. GBP/USD holding near a multi-month high, firmer advance expected once above 1.3220. The GBP/USD pair has reached a...
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GBP/USD Forecast: Held Above A Critical Mid-Term Support
Monday, November 25, 2019 - 4:44pm | 308Read More...GBP/USD Current Price: 1.2898 The latest UK election poll showed that Conservatives lead narrowed to 7.0%. The UK CBI Distributive Trade Survey on realized sales surprised on the upside in November. GBP/USD held above a critical mid-term support at around 1.2810. The Pound was the exception to...
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GBP/USD Forecast: Finds Support At 1.2875
Thursday, November 21, 2019 - 6:16pm | 233Read More...GBP/USD slips below 1.2900, but finds support at 1.2875. The short-term perspective turns slightly bearish, but remains neutral in the daily chart. The GBP/USD pair retreated on Thursday and briefly dropped below the 1.29 mark, dragged down by a stronger dollar across the board, amid lack of...
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GBP/USD Forecast: Underpinned By UK Election Polls
Monday, November 18, 2019 - 5:00pm | 314Read More...GBP/USD underpinned by UK election polls; Conservative Party surpasses 40%. Cable keeps the positive tone, key resistance seen at 1.3012. The British pound strengthened on Monday and reached a four-week high versus the US dollar as recent polls suggested Prime Minister Boris Johnson's...
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GBP/USD Forecast: Neutral-To-Bullish
Thursday, November 14, 2019 - 4:57pm | 293Read More...GBP/USD Current Price: 1.2877 UK Retail Sales fell in October, Sterling keeps ignoring macro figures. Hopes for a Brexit deal persist ahead of the UK general election. GBP/USD neutral-to-bullish, trading at the upper end of its latest range. The GBP/USD pair has recovered within range, extending...
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GBP/USD Forecast: Unable To Attract Investors, Neutral Above 1.2800
Wednesday, November 13, 2019 - 5:02pm | 349Read More...GBP/USD Current Price: 1.2839 UK inflation came in below the market’s expectations in October. Conservatives keep leading polls, underpinning hopes for a deal Brexit. GBP/USD unable to attract investors, neutral above 1.2800. The GBP/USD pair is ending the American session with a second...
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GBP/USD Forecast: Downside Remains Limited
Tuesday, November 12, 2019 - 5:01pm | 357Read More...GBP/USD Current Price: 1.2857 UK employment data came in mixed, with wages’ growth below the market’s expectations. The United Kingdom will publish its latest inflation data this Wednesday. The GBP/USD pair held within familiar levels this Tuesday, as UK signs were mixed. The kingdom...
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GBP/USD Forecast: Battling To Retain The 1.2800 Threshold
Thursday, November 7, 2019 - 4:44pm | 286Read More...GBP/USD Current Price: 1.2823 The Bank of England left rates unchanged, although two members voted for a cut. Governor Carney concerned about employment, the risks of a global economic downturn. GBP/USD battling to retain the 1.2800 threshold, bearish in the short-term. The GBP/USD pair fell...
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GBP/USD Forecast: At Risk Of Extending Its Decline On A Break Below The 1.2820 Support
Wednesday, November 6, 2019 - 4:43pm | 297Read More...GBP/USD Current Price: 1.2850 UK PM Boris Johnson to “unleash the UK’s potential” if Tories win elections. The Bank of England will likely keep the monetary policy unchanged this Thursday. GBP/USD at risk of extending its decline on a break below the 1.2820 support. The GBP/USD...
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GBP/USD Forecast: Easing Within Range, But Holding Above The Critical 1.2820 Support
Tuesday, November 5, 2019 - 4:34pm | 358Read More...GBP/USD Current Price: 1.2885 UK Markit Services PMI beat expectations in October by printing 50. EU’s Chief Negotiator Barnier concerned about the future relationship with the UK. GBP/USD easing within range, but holding above the critical 1.2820 support. The GBP/USD pair edged marginally...
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Thursday's Market Minute: All Eyes On The British Pound
Thursday, October 17, 2019 - 9:42am | 294Read More...The Sterling is getting a lift again today in reaction to news that U.K. Prime Minister Boris Johnson and European Commission President Jean-Claude Juncker reached an agreement for the U.K.’s departure from the E.U. The British Pound, which has been on the move higher amidst optimism headed...
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GBP/USD: DUP-Related Drop May Precede A Brexit Deal Rally
Wednesday, October 16, 2019 - 11:41am | 750Read More...GBP/USD has been struggling as the DUP opposes the upcoming Brexit deal. Frantic talks in Brussels and London are set to dominate headlines. Wednesday's four-hour chart shows mild overbought conditions. "Faraway, so close" – The name of the hit song from Irish band U2...
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GBP/USD: Sterling Surging Ahead Of Last-Minute Brexit Talks
Thursday, October 10, 2019 - 11:25am | 703Read More...The Johnson-Varadkar meeting tops the agenda today. GBP/USD has bounced off the lows amid hopes for a US-Sino trade deal. Thursday's four-hour chart is pointing to further falls for the currency pair. Can the EU and the UK strike a deal against all the odds? That is the question investors are...
















