GBP News Reviews 

GBP Daily Review May 10, 2019

GBP Daily Review for May 10, 2019 Poll: Corbyn Could be Best Successor to PM May for GBP Of the four leading candidates to replace Theresa May as UK Prime Minister, Opposition leader Jeremy Corbyn would be the most positive for the British Pound, according to a DailyFX poll.   GBP/JPY Price Outlook: Significant Trading Levels and Zones Important Data for GBP Due Tomorrow, Including Q1 GDP , GBP/JPY Price Showing More Weakness   JPY Dominates on Trade War Update, GBP Eyes Critical Support – US Market Open JPY Dominates…

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GBP News Reviews 

GBP Daily Review May 9, 2019

GBP Daily Review for May 9, 2019 Pound Sterling USD: GBP/USD sticks to lows near 1.3030 amid Brexit and trade woes Amid a renewed risk-aversion wave, the risk currency pound ran through fresh offers, knocking-off the GBP/USD pair to fresh daily lows near 1.3030 lev   EUR/GBP firmer, approaches 0.8600 on Sterling weakness The British Pound remains on the defensive today and is now lifting EUR/GBP to fresh tops in the boundaries of 0.8600 the figure. EUR/GBP supported b   GBPUSD Suffers as Brexit Talks Risk Failing, PM May Pressured…

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GBP News Reviews 

GBP Daily Review May 8, 2019

GBP Daily Review for May 8, 2019 EUR/GBP recedes from tops near 0.8560, focus on Brexit, May The Sterling keeps correcting lower in the first half of the week and is now helping EUR/GBP to advance to fresh tops in the 0.8560 region. EUR/GBP lo   USD Supported on Global Risk Aversion, EUR & GBP Drop – US Market Open USD Supported on Global Risk Aversion, EUR & GBP Drop – US Market Open   GBPUSD Price Outlook Poor on Brexit Talks Pessimism No Brexit breakthrough in the talks between…

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GBP News Reviews 

GBP Daily Review May 7, 2019

GBP Daily Review for May 7, 2019 EUR/GBP bounces off lows in sub-0.8500 levels Renewed threats from President Trump to impose further tariffs on Chinese goods are hurting the sentiment in the risk-associated space and helping EUR   GBP/USD: Short term downtrend eroded – Commerzbank According to Karen Jones, analyst at Commerzbank, GBP/USD pair has recently eroded its short term downtrend and this is now acting as support at 1.296   Sterling Technical Analysis: GBP/USD Tests Support at Prior Resistance The British Pound burst up to monthly highs last week.…

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GBP News Reviews 

GBP Daily Review May 6, 2019

GBP Daily Review for May 6, 2019 GBPUSD Price Rattled by Local Election Results, Brexit Hangover & US NFPs Sterling is under pressure and slipping lower, bruised by the heavy losses suffered by the UK government at the local elections on Brexit concerns.   Sterling (GBP) Price Outlook: Brexit Anger May Dampen Sterling Strength UK politics look set to re-assert themselves and Sterling is very likely to suffer.   FX Price Action Setups in EUR/USD, GBP/USD, USD/CAD, AUD/USD It was an eventful week around the US Dollar with both FOMC…

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GBP News Reviews 

GBP Daily Review May 3, 2019

GBP Daily Review for May 3, 2019 Bank of England Leaves Rates Unchanged, GBP Price Up on Hawkish Tilt The Bank of England has left its key interest rate and all its other monetary policy settings unchanged, as expected, but a hawkish quarterly Inflation Report is boosting Sterling.   GBP Technical Analysis Overview: GBPUSD, EURGBP Your Forecast Is Headed to Your Inbox But don’t just read our analysis – put it to the rest. Your forecast comes with a free demo account from our pr   BoE Preview: GBPUSD May…

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GBP News Reviews 

GBP Daily Review May 2, 2019

GBP Daily Review for May 2, 2019 Sterling (GBP) Price Rallies Against the US Dollar Ahead of FOMC Decision Sterling continues to push higher this week against a range of currencies and is touching a one-week high against the US dollar ahead of the latest FOMC rate decision.   EUR/GBP drops to fresh 4-week lows in sub-0.8600 area The continuation of the bid tone around the Sterling is forcing EUR/GBP to drop below the key support at 0.8600 the figure, recording at the same time   UK manufacturing PMI hits…

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GBP News Reviews 

GBP Daily Review May 1, 2019

GBP Daily Review for May 1, 2019 Sterling (GBP) Price Outlook – GBPUSD & EURGBP Sterling is getting a lift in early turnover against the US dollar and the Euro, although the single-currency is getting a boost from positive economic data.   EUR/GBP tumbles to lows near 0.8630, risk-on mood prevails The persistent selling bias around the greenback is lending extra support to both the Sterling and the shared currency and forcing EUR/GBP to drop to   Dollar Breakout Under Fire; EURUSD, GBPUSD & Gold Price Charts The DXY is…

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GBP News Reviews 

GBP Daily Review April 30, 2019

GBP Daily Review for April 30, 2019 EUR/GBP clings to daily gains above 0.8600 The renewed better tone in the riskier assets is giving support to EUR/GBP today, which is now clinging to daily gains in the 0.8630 region. EUR/GBP s   GBPUSD: 73.4% of Traders Remain Net-Long Though traders are less net-long than yesterday and compared with last week, these changes are relatively small. As a result, the current sentiment suggests a bearish trading bias.   Currency Volatility: GBPUSD, NZDUSD, USDTRY Weekly Outlook Currency Volatility: GBPUSD, NZDUSD, USDTRY Weekly…

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