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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

 

EUR/GBP Price Momentum Fades into Eurozone GDP, UK Inflation

Spot EURGBP could gyrate and even drift lower if high-impact event risk surrounding Eurozone GDP and UK inflation data due Wednesday sparks a reversal in favor of the British Pound.

 

GBP/USD & GBP/JPY Stem the Bleeding on Latest Brexit News

Attempts by new UK Prime Minister Boris Johnson to reframe the Brexit negotiations appear to be falling on deaf ears in Brussels.

 

GBP/USD: Traders Remain Net-Long Despite Falling Prices

Positioning is less net-long than yesterday but more net-long from last week. The combination of current sentiment and recent changes gives us a further mixed GBP/USD trading bias.

 

GBP/USD technical analysis: Cable settling near 1.2060 as the greenback strengthens

 

EUR/GBP technical analysis: Euro losing steam below 0.9300 against Sterling

 

EUR/USD and GBP/USD Forecast August 14, 2019

For additional up-to-date Forex Trading information: News (https://www.dailyforex.com/forex-news/page-1), Technical Analysis (https://www.dailyforex.com/fore…

 

GBPUSD Rate Susceptible to Slowing UK Consumer Price Index (CPI)

Updates to the UK Consumer Price Index (CPI) may do little to curb the depreciation in GBPUSD as the headline reading is expected to narrow to 1.9% from 2.0% in June.

 

GBP Futures: further decline appears likely

Investors added more than 1.2K contracts to their open interest positions on Tuesday, reversing at the same time four consecutive pullbacks, all accor

 




GBP/USD technical analysis: Less action near 2-day old support-line

Although prices remain below 23.6% Fibonacci retracement of latest declines, GBP/USD holds firm above two-day-old support-line.

 

Have a nice trading!




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