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GBP Daily Review July 23, 2019

GBP Daily Review for July 23, 2019

CAD Longs Sharply Increase, GBP Remains Bearish, JPY Shorts Build – COT Report

CAD Longs Sharply Increase, GBP Remains Bearish, JPY Shorts Build – COT Report

 

EUR/GBP firmer, approaches 0.90 on GBP-selling

The increasing selling bias around the British Pound is sustaining the up move in EUR/GBP to the very doorsteps of the psychological 0.9000 handle. EU

 

GBP/USD refreshes session lows, back below 1.2500 handle

The GBP/USD pair finally broke down of its Asian session consolidation phase and dropped to fresh session lows, around the 1.2475 region in the last h

 

Sterling (GBP) Week Ahead – All About Boris and Brexit

Sterling opens the week in negative territory as one senior Conservative MP resigns before Boris Johnson has even been elected as the new leader of the Tory Party.

 

EUR/USD May be in for ECB Shock, GBP/USD Weakness Persists – US Market Open

EUR/USD May be in for ECB Shock, GBP/USD Weakness Persists – US Market Open

 

EUR/GBP at the mercy of Brexit noise, the Fed and ECB

EUR/GBP shot higher on Monday, recovering the Brexit noise lead spike in the Pound which was correcting a flurry of recent short positioning as market

 

GBP/USD: Neutral as no deal Brexit risks increasingly discounted – CitiBank

In their weekly strategy report, analysts at Citibank, explained that recent weakness of the Stearling is pricing in Boris Johnson as the next Prime M

 

GBP/USD off lows, still in the red below 1.2500 handle

The GBP/USD pair quickly recovered around 30-35 pips from daily lows, albeit lacked any follow-through and remained below the key 1.2500 psychological

 

EUR/USD and GBP/USD Forecast July 23, 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…

 

Pound Awaits New PM, Euro the ECB and Dollar a Distant Fed Decision

Already ravaged, volatility was severely lower to start this week as the EURUSD held its range to an incredibly narrow 19.4 pips

 

USD May Rise on IMF Economic Outlook, GBP Braces for New UK PM

Sterling traders will be eagerly waiting for the announcement of the new UK Prime Minister while the US Dollar may rise after the IMF releases its updated economic outlook.

 




GBPUSD Eyes Monthly Low as New UK Leadership Risks Shift in BoE Policy

GBPUSD appears to be on track to test the monthly-low as the threat of a no-deal Brexit puts pressure on the Bank of England (BoE) to alter the path for monetary policy.

 

GBP Futures: bearish with caution

Preliminary figures for GBP futures markets from CME Group noted open interest shrunk for the third session in a row on Monday, this time by around 1.

 

GBP/USD technical analysis: 10-week old resistance-line portrays underlying weakness

10-week old descending trend-line keeps GBP/USD upside confined as the quote declines to 1.2455 ahead of the UK open on Tuesday.

 

EUR/GBP technical analysis: 200-HMA can limit immediate rise inside ascending triangle

Despite repeated failures to slip beneath 2-day long rising support-line, EUR/GBP upside is likely to be tamed by short-term key resistances on early Tuesday.

 

Have a nice trading!




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