GBP News Signals 

Summary: Commitment of Traders for BRITISH POUND STERLING – CHICAGO MERCANTILE EXCHANGE Option and Futures Combined Positions as of 2018-05-22

Open interest has decreased by -3708, making in total 232409. Commercials were net sellers. Their net position changed by -3433 totalling -12725. Major holders of open interest where shorts of commercials with 51.2%, having next commercials with 45.7% in longs. Signal: bearish. Share This:

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GBP News Reviews 

GBP Daily Review May 25, 2018

GBP Daily Review for May 25, 2018 GBPUSD Rises After Some Retail Therapy See our Q2 GBP forecast to learn what will drive the currency through the quarter. GBPUSD pushed above 1.34 after news that UK retail sales saw a reb   GBPUSD: Potential Reversal Above 1.34 Despite Bearish Bias The combination of current sentiment and recent changes gives us a stronger GBPUSD-bearish contrarian trading bias.   US AM Digest: TRY Plunge Continues, GBP Supported on Retail Sales Rebound US AM Digest: TRY Plunge Continues, GBP Supported on Retail Sales…

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GBP News Reviews 

GBP Daily Review May 24, 2018

GBP Daily Review for May 24, 2018 UK Inflation Report: GBP Outlook Driven by CPI in Near-Term | Webinar UK Inflation Report: GBP Outlook Driven by CPI in Near-Term | Webinar   GBP/JPY Bounces From Two Month Lows, Retains Bearish Tonality It’s been a volatile day in GBP/JPY, with the pair rushing down to fresh two-month lows as driven by both GBP weakness and JPY strength.   GBPUSD: Support Holds at 1.331 Despite Bearish Bias The combination of current sentiment and recent changes gives us a stronger GBPUSD-bearish contrarian trading…

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GBP News Reviews 

GBP Daily Review May 23, 2018

GBP Daily Review for May 23, 2018 GBP Nudges Higher as BOE Policy MakersTestify The Bank of England governor and three MPC members are giving their views on the May Inflation Report to the Treasury Select Committee and Sterling   Asian Stocks Decline, ASX 200 May Fall More. GBP Awaits BOE Speak Most Asian stocks were down by Tuesday afternoon trade. The ASX 200 may be at risk of more declines while the British Pound awaits a   GBP/USD: Pound Plummets to 2018 Lows Ahead of Big Week of Data…

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GBP News Reviews 

GBP Daily Review May 22, 2018

GBP Daily Review for May 22, 2018 GBP/USD: Pound Plummets to 2018 Lows Ahead of Big Week of Data The British Pound has just sunk to a fresh low against the US Dollar, and the bearish run over the past month has almost eclipsed   EUR/USD and GBP/USD Forecast May 22 The Euro initially fell against the Monday session as we have seen over the last couple of weeks but did turned around of form a hammer for the session. If w…   Asian Stocks Decline, ASX 200 May Fall…

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GBP News Reviews 

GBP Daily Review May 21, 2018

GBP Daily Review for May 21, 2018 GBP/USD & GBP/AUD Sporting Weak Charts, Headed Lower GBP has been weak for the most part across the board, and looks headed for another leg lower in the near-term versus USD and AUD.   GBPUSD Forecast: Plethora of UK Data to Dictate Near-Term Direction & BoE Policy GBPUSD saw a somewhat calm week with the pair finding a base at 1.3450, while employment data remained robust. Key risk next week comes in   Technical Perspective for USD, GBP/USD, Cross-rates, Gold & More Today,…

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GBP News Reviews 

GBP Daily Review May 18, 2018

GBP Daily Review for May 18, 2018 GBPUSD Is Not Yet Ready To Rally The lack of a positive response in GBPUSD to broadly supportive Brexit news suggests that the pair is not yet ready to recapture the substantial   EUR/USD and GBP/USD Forecast May 18, 2018 The EUR/USD pair has fallen during trading on Thursday, reaching towards the bottom of the hammer from the Wednesday session. If we can break down below the …   Have a nice trading! Share This:

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GBP News Reviews 

GBP Daily Review May 17, 2018

GBP Daily Review for May 17, 2018 EURGBP – Pending Short as 200-DMA Nears * Update* Short-term price moves can offer trading opportunities, especially when technical levels near.   EURGBP -Pending Short as 200-DMA Nears * Update* Short-term price moves can offer trading opportunities, especially when technical levels near.   EUR/USD and GBP/USD Forecast May 17, 2018 The EUR/USD pair has fallen significantly during the day on Wednesday, reaching down towards the 1.1770 level before bouncing and forming a hammer. The hamme…   EUR/GBP Technical Analysis: 7-Month Down Trend Back…

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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…

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