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GBP Daily Review November 14, 2017

GBP Daily Review for November 14, 2017

GBP/USD Volatility Expectations Rising, On the Brink of a Range-break

Implied volatility has been rising materially in recent sessions, cable flirting with break of support and a sell-off.


Pound tumbles as May’s leadership comes under threat

The British pound fell in Asian trade on Monday, as Prime Minister May’s leadership is under threat, with a report that 40 Conservative MPs are readying a leadership challenge, while Brexit talks face a crucial deadline.


DailyFX US AM Digest: British Pound Slips, Japanese Yen Gains at Start of Week

After a quiet two weeks to start November, the third week of the month should bring a much-welcomed wave of volatility thanks to a supersaturated


FTSE 100 Rises As Pound Weakens Amid Political Turmoil

U.K. shares bucked a lackluster trend across Europe to edge higher on Monday as higher copper prices helped lift mining stocks and the pound tumbled against both the dollar and the euro in the wake of reports that 40 Tory MPs are prepared to sign a letter of no confidence in leader Theresa May.


EUR/USD and GBP/USD Forecast November 14, 2017

The EUR/USD pair initially fell during the trading session on Monday, but turned around to show signs of life again. I believe that there is a significant am…


GBP/USD to Eye Monthly High on Above-Forecast U.K. CPI

A pickup in the headline and core U.K. CPI may push GBP/USD towards the monthly-high (1.3321) as it encourages the BoE to further normalize monetary


GBP/USD Hanging Over the Edge of a Cliff

GBP/USD is on the edge of a ledge and may fall off a cliff. See what levels we are forecasting for GBP/USD.


US Dollar and British Pound manage to cut short their previous losses, show some signs of consolidation

Sentiment was mildly positive in the US as the major US equity inidces closed slightly higher. Tax reform has remained largely at the top of the agenda and doubts over it happening at all this year persist, markets are also eyeing to see if corporate tax cuts will effectively have to wait till 2019.


Have a nice trading!

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