GBP News Reviews 

GBP Daily Review July 10, 2018

GBP Daily Review for July 10, 2018 GBP Rises as Soft Brexit Plans Suggests Risks are Tilted to the Upside GBP Rises as Soft Brexit Plans Suggests Risks are Tilted to the Upside   GBP/USD heading back towards 1.3300 amid UK political woes The GBP/USD pair stalled the Asian rally near 1.3360 and reversed nearly 30-pips in Europe, now heading back towards the 1.3300 demand zone, as market   GBP futures: upside momentum fading? In light of advanced data for GBP futures markets from CME Group, investors scaled back their…

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GBP News Reviews 

GBP Daily Review July 9, 2018

GBP Daily Review for July 9, 2018 Weekly Trading Forecast: US and China Ensure Trade Wars, Dollar and Pound Look for Guidance Risk trends have yet to turn septic despite the material step higher in trade wars.   GBP/USD: Cable Opens Q3 on a Bright Note, but Brexit Risks Loom Large Traders are going to want to be careful with exposure in the British Pound this weekend as we encounter another batch of Brexit risk. If   GBP/USD poised to end week higher with eyes on Brexit plans The GBP/USD…

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GBP News Reviews 

GBP Daily Review July 6, 2018

GBP Daily Review for July 6, 2018 GBP/USD: An Increase In Net-Short Positions Prompts a Bullish Bias Recent changes in sentiment warn that the current GBPUSD price trend may soon reverse higher despite the fact traders remain net-long.   US AM Digest: GBP Talked up by Carney, Trade Concession Hopes Buoy Stocks US AM Digest: GBP Talked up by Carney, Trade Concession Hopes Buoy Stocks   GBP/USD: Cable Breaks Above Trend-Line on Hawkish Carney Comments After a brutal second quarter of the year, the British Pound has started to retrace…

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GBP News Reviews 

GBP Daily Review July 5, 2018

GBP Daily Review for July 5, 2018 GBP Gains as Strong Service PMI Raises Chance of a Summer Rate Hike GBP Gains as Strong Service PMI Raises Chance of a Summer Rate Hike   GBP/JPY rises back above 146.00, holds bullish tone On a quiet day, the pound rose across the board supported by UK PMI Service sector data that showed better-than-expected numbers. More upbeat data inc   EUR/GBP consolidates losses near 0.8800, Pound remains firm The EUR/GBP is falling for the second day in-a-row on Wednesday on the back…

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GBP News Reviews 

GBP Daily Review July 4, 2018

GBP Daily Review for July 4, 2018 GBP to Rise as UK Construction PMI Hits Highest Level Since November 2017 GBP to Rise as UK Construction PMI Hits Highest Level Since November 2017   EUR/GBP bulls have eyes for 0.89 the figure EUR/GBP is currently trading at 0.8844 with a high of 0.8862 and a low of 0.8829 while sterling’s price action has been a little more constructive aft   EUR/USD and GBP/USD Forecast July 4, 2018 The Euro rallied a bit during the trading session on Tuesday but gave…

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GBP News Reviews 

GBP Daily Review July 3, 2018

GBP Daily Review for July 3, 2018 GBP Outlook: UK Manufacturing PMI Beat Provides Ammo for BoE Hawks GBP Outlook: UK Manufacturing PMI Beat Provides Ammo for BoE Hawks   GBP/USD set to rebound towards the 20-DMA at 1.3274 – Commerzbank In the view of Karen Jones, Analysts at Commerzbank, argues that the divergence of the daily RSI implies a loss of downside momentum and hence a corre   UK Market Look Ahead: FTSE, GBPUSD, EURGBP | Webinar Bank of England governor Mark Carney will speak on Thursday ahead of…

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GBP News Reviews 

GBP Daily Review July 2, 2018

GBP Daily Review for July 2, 2018 EURGBP Rally Halted; Next Move is Unclear The recent mini-rally in EURGBP is bought to a halt after the final reading of UK Q1 GDP beats market expectations. The pair are now   GBPUSD: Traders Remain Long Despite Falling Price Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBPUSD-bearish contrarian trading   US Dollar, EUR/USD, GBP/USD: Q3 Ushers in Divergent CB Themes vs USD The second quarter saw quite…

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GBP News Reviews 

GBP Daily Review June 29, 2018

GBP Daily Review for June 29, 2018 GBPUSD Price Analysis: King Dollar Running the Show GBPUSD is heading for a new multi-month low as the US dollar runs riot in the foreign exchange market. The pair may look oversold in   US AM Digest: GBP Slips Ahead of EU Summit, NZD Down on Dovish RBNZ US AM Digest: GBP Slips Ahead of EU Summit, NZD Down on Dovish RBNZ   GBP/JPY looks to end the day flat near mid-144s The GBP/JPY pair dropped to its lowest level in nearly a…

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GBP News Reviews 

GBP Daily Review June 28, 2018

GBP Daily Review for June 28, 2018 GBP futures: extra consolidation likely In light of preliminary figures for GBP futures markets from CME Group, investors trimmed their open interest positions by just 243 contracts on Tuesd   GBP/JPY Tests Chart Support as Price Narrows Deeper into Digestion GBP/JPY is back to testing trend-line support, and this area is confluent with a Fibonacci level. But if prices can’t hold, we may be   US Dollar Extends Support Bounce as EUR/USD, GBP/USD Turn Lower The US Dollar has extended its support bounce…

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