GBP News Reviews 

GBP Daily Review May 16, 2018

GBP Daily Review for May 16, 2018

UK Jobs Report Lifts GBP but Impact Minimal on Chances of Rate Rise

The latest UK employment report suggests a robust UK labor market but the data are insufficient on their own to persuade the Bank of England

 

GBP/USD Range Snaps, RSI Remains Extreme Ahead of BoE, FOMC Rhetoric

GBP/USD snaps the range from the previous week, with fresh comments from BoE and Fed officials likely to influence the exchange rate over the coming

 

GBPUSD: Price Tests 1.3500 with Bearish Bias

The combination of current sentiment and recent changes gives us a stronger GBPUSD-bearish contrarian trading bias.

 

UPDATE 2: Close Short GBPUSD Position to Lock in Profit

Now would be a good time to close the position and take the profits made since my recommendation on April 26 to sell GBPUSD.

 

EUR/USD and GBP/USD Forecast May 16, 2018

The Euro broke down significantly against the US dollar during the day on Tuesday, as the 10-year yield reached above the vital 3.06% level. Ultimately, this…

 

Have a nice trading!




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