GBP News Reviews 

GBP Daily Review August 16, 2019

GBP Daily Review for August 16, 2019 EUR/GBP Price Fading Back Towards Support After Double-Digit Rally EURGBP is on course to record its first down week in over three months as bulls take a breather and wait for the next entry point.   EUR/GBP tumbles to daily lows, approaches 0.9200 The increasing buying pressure around the Sterling is sponsoring another decline in EUR/GBP with the next target at the 0.9200 handle. EUR/GBP weaker   GBP/USD nears 1.2100 as UK retail sales unexpectedly rise 0.2% m/m in July vs. -0.2% expected…

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GBP News Reviews 

GBP Daily Review August 15, 2019

GBP Daily Review for August 15, 2019 GBP/USD Price Nudges Higher on UK Inflation Uptick, Brexit Latest The British Pound (GBP) grabbed a small bid Wednesday as UK inflation edged higher. However, Brexit remains the main driver of the British Pound.   GBP/USD jumps to 1.2075 as UK CPI rises 2.1% y/y in July vs. 1.9% expected UK CPI rises 2.1% y/y in July vs. 1.9% expected. UK CPI arrives at 0.0% m/m in July vs. -0.1% expected.   GBP/USD & GBP/JPY Stem the Bleeding on Latest Brexit News Attempts…

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GBP News Reviews 

GBP Daily Review August 14, 2019

GBP Daily Review for August 14, 2019 Sterling (GBP) Ignores UK Labour/Wages Data, Focus Remains Brexit Sterling (GBP) is little changed after slightly better-than-expected UK wages and Labour data as Brexit remains the driver of the British Pound.   EUR/GBP sheds ground and drops to daily lows near 0.9270 The now softer tone surrounding the single currency is prompting EUR/GBP to recede to the area of daily lows in the 0.9270 region. EUR/GBP weaker on E   GBP/USD uninspired by rise in UK wages, as jobless rate ticks higher  …

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GBP News Reviews 

GBP Daily Review August 13, 2019

GBP Daily Review for August 13, 2019 GBP Bearish Bets Near Record, JPY Positions Flips Bullish – COT Report GBP Bearish Bets Near Record, JPY Positions Flips Bullish – COT Report   GBP/USD reverses the slide to 31-month lows, 1.2100 back on sight The GBP/USD pair built on its recovery from 31-month lows of 1.2016 in the European session, having reversed the entire slide to now hover near the da   EUR/GBP recedes from tops, back near 0.9250 The now better mood around the British Pound is dragging EUR/GBP to…

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GBP News Reviews 

GBP Daily Review August 12, 2019

GBP Daily Review for August 12, 2019 CAD Bulls Boosted, GBPUSD Bears at Extreme Levels – COT Report CAD Bulls Boosted, GBPUSD Bears at Extreme Levels – COT Report   GBP Slumps as CBI Warns Neither UK nor EU are Ready for No-Deal Industry experts have warned that a no-deal Brexit would be damaging for both UK and EU industries and neither are prepared to counteract the disruption. GBPUSD eyeing 28-month lows.   GBPUSD Crumbles as The US Dollar Continues its Pre-FOMC Run GBPUSD now back at lows last seen…

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GBP News Reviews 

GBP Daily Review July 29, 2019

GBP Daily Review for July 29, 2019 Most Volatile Currencies Next Week – US Dollar, GBP/USD, AUD/USD Most Volatile Currencies Next Week – US Dollar, GBP/USD, AUD/USD   Sterling Outlook: GBPUSD Breaks Down, Boris Johnson Bounce Fades GBPUSD nears its lowest level of the week, and looks at a technical breakout, as the Boris Johnson mid-week mini-bounce fades in the face of a seemingly unmovable EU.   GBP/USD off lows, still below 1.2450 ahead of US GDP Fresh bids emerged once again near the 1.2425 region last hour, allowing a…

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GBP News Reviews 

GBP Daily Review July 26, 2019

GBP Daily Review for July 26, 2019 GBP/JPY Price Outlook: British Pound May Keep Losing Mojo – Thanks to BoJo See our free trading guide to help build confidence when you trade on JPY, USD and other main currencies Download for free our latest Q3 trading guide   UK PM Boris Johnson Doubles Down on Brexit – Sterling (GBP) Nears Breakout New UK PM Boris Johnson has filled his new cabinet with like-minded Brexiteers and has already reiterated that the UK will leave the EU on October 31, deal or…

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