GBP News Reviews 

GBP Daily Review August 10, 2018

GBP Daily Review for August 10, 2018

GBPUSD Analysis: Dip Buyers Seen at Multi-Month Sterling Lows

Sterling driven higher in the short-term with buyers seen near one-year lows. GBP move started by newspaper report that the EU is considering shifting its


GBPUSD Testing August 2017 Lows on No-Deal Brexit Fears

GBPUSD continues to drop on fears of a no-deal Brexit and, having already hit its weakest level so far this year, could now fall as


How low will it fall? The pound continues to dive on ‘no-deal’ Brexit fears

Sterling has hit a fresh 11-month low against the dollar on Thursday amid continued fears over the prospect of a ‘no deal’ Brexit.


GBP/USD Price Analysis: British Pound Testing Downtrend Support

The British Pound is down more than 2% month-to-date with major UK & US event risk on tap tomorrow. These are the targets & invalidation


GBP/USD: Weekly Long Positions Grow 13.8% Sparking a Bearish Bias

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


GBP/USD: bears looking for a break below the key 1.28 handle

Since the end of July, GBP/USD has been in freefall and has plummetted from the top of the descending channel at 1.3172 (30th July high) and has just


GBP/USD fails to hold above 1.29 as DXY continues to push higher

After refreshing its lowest level in nearly a year at 1.2843, the GBP/USD recovered above the 1.29 mark on latest Brexit headlines but the greenback s


GBP strategy from now until 20 September EU leaders summit – Nomura

Analysts at Nomura explained that already GBP/USD has fallen substantially since the Chequers agreement, but nearly half of that stems from the EUR/US


Continuing to target 104 for USD/JPY at the end of 2018, sell GBP/JPY – TDS

Analysts at TD Securities explained that now that the Bank of Japan has demonstrated a willingness to allow for more yield curve control (YCC) flexibi


Pound May Shrug Off UK GDP, US Dollar to Focus on Trade Wars

The British Pound may shrug off upbeat UK GDP data while the US Dollar looks past CPI inflation data to focus on trade talks between


EUR/GBP Technical Levels: Prepped for another leg higher

15-minute chart Spot Rate: 0.8985 Daily High: 0.8990 Daily Low: 0.8981 Trend: Bullish Resistance R1: 0.90 (psychological level) R2: 0.9017 (r


GBP/USD trapped near 12-month lows ahead of an active Friday.

The GBP/USD is trading into 1.2830 heading into Friday’s London market session after the US Dollar saw a resurgence in Thursday’s latter half, taking


Have a nice trading!

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