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GBP Daily Review February 11, 2019

GBP Daily Review for February 11, 2019

Sterling Weekly Technical Outlook: GBP Down But Not Out

Sterling-pairs have had a mixed week with GBPUSD breaking through support before starting to reclaim some of its weekly losses.


GBP Fundamental Forecast: Dovish BoE, Brexit Hell

A mixed bag this week with Sterling drifting lower against a strong US dollar but holding its own across a range of other currencies.


Range, Break or Trend Conditions for Dollar, Euro, Pound?

We have seen some wild swings from the likes of the S&P 500 and oil recently, but these are not trend-type markets


GBP/USD erases daily recovery gains, steadies near 1.2930

Following the fall to its lowest level in more than two weeks at 1.2853 on Thursday after the BoE in its Quarterly Inflation Report announced that it


EUR/GBP Technical Analysis: Euro sidelined against Pound below 0.8770 level

EUR/GBP daily chart EUR/GBP is trading in a sideways trend below the 200-day simple moving averages (SMAs). EUR/GBP 4-hour chart EUR/GBP i


EUR/USD and GBP/USD Forecast February 11, 2019

The Euro initially tried to rally during the trading session on Friday and at one point looked relatively bullish. However, later in the day we started to se…


GBP/USD: Bears in control amid Brexit drama, focus shifts to UK GDP

The GBP/USD pair trades little changed around 1.2930 before European session on Monday. The quote came under pressure on Reuters report that the UK PM


Japanese Yen May Move More than British Pound on UK GDP Data

Sentiment-linked currencies like the Japanese Yen may find more market movement than the British Pound if UK GDP data disappoints, stoking global slowdown fears.


GBP/USD Technical Analysis: 5-day MA is key resistance

GBP/USD is currently trading at 1.2365 – just short of the downward sloping (bearish) 5-day moving average (MA) at 1.2940, which proved a tough nut to


Have a nice trading!

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