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GBP Daily Review August 11, 2017

GBP Daily Review for August 11, 2017

Webinar: UK Trade and Industrial Data Lift the British Pound

In this live webinar, DailyFX Analyst and Editor Martin Essex discussed the British Pound and other UK assets before and after the release of UK


GBP Drifts Lower on Mixed UK Output Data, Next Week Key

GBP/USD edged lower after a mixed bag of UK output data coupled with a widening deficit. And next week inflation, wages and jobs data are


Webinar: UK Trade and Industrial Data Lift the British Pound

UK industrial production figures beat expectations in June but construction output figures were disappointing and the trade deficit was higher than economist…


GBP/CHF Could Have Further to Fall

There are two important themes in the currency markets at present, and selling GBP/CHF is a way to capture both.


GBP/JPY, EUR/JPY for Continuation/Reversal of Risk Aversion

Yen strength has shown as risk aversion has begun to get priced-in after Trump’s ‘fire and fury’ comments, opening the door to a couple of


EUR/USD and GBP/USD Forecast August 11, 2017

The EUR/USD pair fell initially during the day on Thursday, but found enough support at the 1.17 level to turn around and form a hammer. The hammer is a very…


EUR/GBP: Room For Bullish Extension: Levels & Targets – Credit Suisse

Credit Suisse FX Technical Strategy Research notes that EUR/GBP has seen a strong rally since April this year and has reinforced a large base set above .8852 to achieve the next target at the November 2016 high at .9050.”The extension above here keeps the risks directly higher for the 78.6% retracement of the October/December 2016 fall at .914


EUR/GBP Technical Analysis: Aiming Above 0.91 Figure

The Euro found fuel for another pus higher having spent a week in a narrow consolidation, with buyers now poised to try their luck above


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