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GBP/USD: No-Deal Brexit Fears Capping Gains
Tuesday, June 25, 2019 - 9:49am | 718Read More...GBP/USD has been struggling to recover and trades close to the four-month lows. Boris Johnson's shadow and Fed tensions dominate markets. Monday's four-hour chart points to oversold conditions for Sterling. Boris Johnson has been avoiding the spotlight but his presence is felt nonetheless...
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GBP/USD: Bears Are Back
Friday, June 21, 2019 - 11:38am | 718Read More...GBP/USD has been struggling to recover and trades close to the four-month lows. Boris Johnson's shadow and Fed tensions dominate markets. Monday's four-hour chart points to oversold conditions for Sterling. Boris Johnson has been avoiding the spotlight but his presence is felt nonetheless...
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GBP/USD: Three Short-Lived Reasons To Rise
Wednesday, June 19, 2019 - 9:53am | 719Read More...GBP/USD has been struggling to recover and trades close to the four-month lows. Boris Johnson's shadow and Fed tensions dominate markets. Monday's four-hour chart points to oversold conditions for Sterling. Boris Johnson has been avoiding the spotlight but his presence is felt nonetheless...
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GBP/USD: Johnson Set To Win Again
Tuesday, June 18, 2019 - 10:14am | 724Read More...GBP/USD has been struggling to recover and trades close to the four-month lows. Boris Johnson's shadow and Fed tensions dominate markets. Monday's four-hour chart points to oversold conditions for Sterling. Boris Johnson has been avoiding the spotlight but his presence is felt nonetheless...
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GBP/USD: Exposing Its Weakness
Friday, June 7, 2019 - 9:45am | 569Read More...GBP/USD has resumed its falls after initially rising in reaction to the EU elections. Fears of a hard Brexit and no progress in US-Sino trade relations weigh. The four-hour chart shows the bears leading against the bulls. Did Leave or Remain win the European elections? While Nigel Farage's...
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GBP/USD: Depressed Below The Double-Top
Thursday, June 6, 2019 - 10:06am | 570Read More...GBP/USD has resumed its falls after initially rising in reaction to the EU elections. Fears of a hard Brexit and no progress in US-Sino trade relations weigh. The four-hour chart shows the bears leading against the bulls. Did Leave or Remain win the European elections? While Nigel Farage's...
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GBP/USD Has Been Trying To Recover From The Lows But Has Not Gone Too Far
Tuesday, June 4, 2019 - 10:59am | 651Read More...GBP/USD has been trying to recover from the lows but has not gone too far. USD weakness has pushed it higher while disappointing UK has weighed. Tuesday's four-hour technical chart paints a mixed picture for the currency pair. As US President Donald Trump is visiting the UK, both countries...
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GBP/USD: Borish Johnson Gets Ready To Replace Outgoing PM May
Friday, May 24, 2019 - 9:45am | 565Read More...GBP/USD is trading at a fresh four-month low on growing political uncertainty. The pound also suffers from weak inflation and the US-Sino trade war. The technical outlook is bearish for the currency pair. UK PM Theresa May has pledged to set out a timetable for her departure in early June, but...
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GBP/USD: Only Technicals Can Save It
Thursday, May 23, 2019 - 11:07am | 558Read More...GBP/USD is trading at a fresh four-month low on growing political uncertainty. The pound also suffers from weak inflation and the US-Sino trade war. The technical outlook is bearish for the currency pair. UK PM Theresa May has pledged to set out a timetable for her departure in early June, but...
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GBP/USD: New Four-Month Lows
Tuesday, May 21, 2019 - 10:16am | 627Read More...GBP/USD extends its descent amid ongoing political uncertainty. UK PM May convenes her cabinet to plot a last attempt to pass her Brexit deal. The four-hour chart shows the currency pair still suffers oversold conditions. The saying "third time's a charm" did not apply to UK...
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GBP/USD: Fourth Brexit Vote Is Coming
Wednesday, May 15, 2019 - 10:16am | 483Read More...GBP/USD is getting comfortable in a lower range amid relative market calm. May will bring the Brexit deal to a fourth vote, and expectations are low. The technical outlook is bearish for the currency pair. Three is a lucky number in many traditions, but it was not a winner for UK PM Theresa May...
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GBP/USD: Brexit Is Back On Top
Tuesday, May 14, 2019 - 9:54am | 543Read More...GBP/USD is extending its losses on lower ground. The Brexit impasse is the critical driver, overshadowing Trump's trade wars and the jobs report. The technical outlook is bearish for the currency pair. Brexit never really went away, and when things do not move forward, they move backward. The...
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GBP/USD: Not Getting Better
Monday, May 13, 2019 - 10:24am | 490Read More...GBP/USD struggles with 1.3000, not going anywhere fast. Brexit continues tearing Britain's main parties apart and talks are closer to breaking up. The technical outlook leans to the downside for the currency pair. Nigel Farage's new Brexit party will receive more votes than the...
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GBP/USD: Trump's Toughness Outweighs Brexit Optimism
Thursday, May 9, 2019 - 10:07am | 468Read More...GBP/USD is under pressure, falling below 1.3000 once again. The fate of trade talks and fears about North Korea outweigh Brexit optimism. The technical picture has turned bearish for the currency pair. Are markets beginning to ignore Brexit? Recent movements in GBP/USD suggest that events...
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GBP/USD: Sterling Is Struggling
Wednesday, May 8, 2019 - 10:01am | 512Read More...GBP/USD is on the back foot as both trade and Brexit talks have stalled. New developments on both fronts are awaited. The technical picture is worsening for the pair. These are not happy days for GBP/USD. Cable is trading in the mid-1.3000s, struggling to recover recent losses as the mood has...
















