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GBP Daily Review December 7, 2018

GBP Daily Review for December 7, 2018

GBPUSD: Sterling Support Remains Fragile as Brexit Chaos Continues

UK PM May is facing rebellion from inside her party and heavy criticism from outside and talk is now circulating that the Brexit vote in


GBP/USD Sentiment is Unable to Provide a Clear Direction

The combination of current sentiment and recent changes gives us a further mixed GBPUSD trading bias.


British pound gathers strength on market chatter about a second referendum

The British pound rose against its major rivals in the last hour after a report suggested that British Prime Minister Theresa May discussed the possib


EUR/USD and GBP/USD Forecast December 7, 2018

The Euro rallied significantly during the trading session on Thursday, but then rolled over to show signs of weakness again. The Euro continues to fail once …


EUR/GBP Technical Analysis: Range Support May Come Under Fire Next

EUR/GBP prices solidified their consolidation mode as traders eagerly await a breakout. Negative RSI divergence warns that the horizontal range of support could be under


GBP/USD trading softly into 1.2750 with US NFP in the barrel

GBP/USD continues to trade with softer tones in the Asian market window as investor sentiment remains apprehensive leading into Friday’s London openin


GBP/JPY hobbled at 144.00 as market fears play tug-of-war

GBP/JPY finds itself frozen at the 144.00 major handle after a mild dip-and-recover on Thursday as bearish Brexit headlines continue to pull the Sterl


GBP/USD: Resistance at 1.2840 – Commerzbank

Karen Jones, analyst at Commerzbank, suggests that the GBP/USD is likely to find initial resistance at the 1.2840 levels after it has bounced off the


GBP/USD Technical Analysis: Constrained in a sluggishly bearish chart pattern, lacking a major trend

GBP/USD, 5-Minute The past couple of weeks have been a ranging affair for the Cable, but swing highs remain capped off at the 1.2800 handle while


Have a nice trading!

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