GBP/USD

GBP/USD is leaning lower as markets are pessimistic about trade talks. News from ongoing negotiations and speeches from central bankers are on the agenda. Tuesday's four-hour chart is showing that GBP/USD lost uptrend support. "The negotiations will probably end this week. [Irish Prime...

GBP/USD has been trying to find a bottom as a new week begins. PM Johnson's growing issues and the opposition's next moves are eyed. Monday's technical chart is pointing to further falls for cable. Prime minister Boris Johnson is in trouble – on at least three fronts. Charlotte...

UK PM Boris Johnson is back in London and faces calls for resignation. The next steps in Brexit will determine the pound's trading. Wednesday's four-hour chart is showing that GBP/USD is nearing critical uptrend support. "This court has already concluded that the prime minister...

GBP/USD has surged some 300 pips from the lows and more may be in store.  Lower chances of a no-deal Brexit boost the pound. Further febrile political developments and US data are set to dominate trading. Thursday's four-hour chart is showing that GBP/USD is breaking critical resistance...

GBP/USD may surge if UK opposition parties win another victory. Sequencing of bills is critical to the next moves. Wednesday's four-hour chart shows a critical "do or die" resistance line. Boris Johnson's first encounter with parliament has ended with a humiliating loss –...

GBP/USD remains on the back foot after PM Johnson's suspension of parliament.  The ongoing Brexit battle and US GDP are set to dominate trading. Thursday's four-hour chart is pointing to further falls. Uproar, outrage, and a coup – have been used frequently in describing the UK...

UK opposition parties are convening for a critical meeting to try to stop a hard Brexit.  The government continues preparing for leaving the EU by October 31st. Tuesday's technical chart is pointing to further rises. Can the opposition stop a no-deal Brexit? That is the question traders...

Geopolitics and central banks are likely to see GBP/USD thrown into the 'blender' in Coming weeks. GBP/USD has perked up beyond a key resistance line that could open the flood gates towards 1.2300, if not 1.2600.  On the downside, as volatility increase, 1.2000 is the critical support...

GBP/USD is struggling around 1.2100 after a dismal GDP report. Concerns over Brexit and trade are likely to set the tone for the day. Friday's four-hour chart is pointing to additional falls. Blame it Brexit or call it temporary – the UK has squeezed for the first time since 2012 and an...

GBP/USD has been trading in a narrow range amid a calmer market mood. The ongoing Brexit impasse is weighing on the pound. Thursday's technical chart is showing the pair holds onto the uptrend channel. Can cable traders finally enjoy the summer or is this the calm before the next storm? Trade...

GBP/USD has been trading in a narrower range as markets are somewhat calmer. Tensions between the UK and the EU have intensified around Brexit. Wednesday's four-hour chart is showing GBP/USD is trading within an uptrend channel. "The EU must appreciate that we are leaving on October 31st...

GBP/USD has been recovering amid trade-related USD weakness. The chances of a no-deal Brexit are rising and may weigh on the pound.  Tuesday's four-hour chart is mixed. The pound is recovering – but mostly against the US dollar – and this may be unsustainable. The US-Sino...

GBP/USD has been falling amid speculation of new elections. Fears of a hard Brexit and the intensifying trade war are set to weigh. Monday's technical picture looks favorable for sellers. UK PM Boris Johnson said he only wants to fulfill a campaign promise – but political analysts have...

GBP/USD has hit a fresh two-year low after the Fed's hawkish decision. The Bank of England's rate decision and preparations for a hard Brexit are set to dominate trading today. Thursday's four-hour chart suggests mild oversold conditions. A dead-cat bounce tends to be followed by a...