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GBP Daily Review July 24, 2019

GBP Daily Review for July 24, 2019

Boris Johnson is The New UK PM – What Next for Sterling (GBP)?

Boris Johnson has won the Conservative leadership race and is the new UK Prime Minister. Sterling traders will now be following his every comment and move with heightened interest.

 

Further Sterling (GBP) Weakness Likely if Johnson Becomes PM

As the new Prime Minister is set to be announced at 11.00 UK time GBP may continue to lose ground if Boris Johnson is confirmed to be the new PM.

 

GBP/USD recovers early lost ground, back near 1.2500 mark

The GBP/USD pair quickly reversed an early European session dip to the 1.2420-15 region and spiked to fresh daily tops in the last hour, albeit lacked

 

EUR/GBP rebounds from 0.8960, B.Johnson becomes UK PM

After bottoming out in the 0.8960 region, EUR/GBP now managed to regain some composure and continues to pare losses in the wake of the Conservative fi

 

Breaking: Boris Johnson becomes next PM of UK as expected, GBP/USD rises

In a widely expected outcome, Boris Johnson became the new leader of the Conservative Party, receiving an impressive 92,513 of Tory votes to replace T

 

EUR/GBP stays close to 0.9000 ahead of key day in UK politics

Both the Sterling and the single currency remain under pressure so far this week and are now allowing EUR/GBP to regain the vicinity of the 0.9000 mar

 

Dollar Looking for May High: Euro, Pound, Aussie Charts & More

The Dollar is postured bullishly at the moment and could soon break on through the May high; EURUSD, GBPUSD, and AUDUSD charts in focus. #usd #eurusd #gbpusd…

 

US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD and AUD/USD

US Dollar strength has been the theme since the NY Fed walked back comments from John Williams last week. The ECB is on Thursday, and the FOMC is next Wed.

 

Dollar Looking for May High: Euro, Pound, Aussie Charts & More

The Dollar is postured bullishly at the moment and could soon break on through the May high; EURUSD, GBPUSD, and AUDUSD charts in focus.

 

GBP/USD technical analysis: Cable consolidtes losses near the 1.2450 level.

Cable is trading in a bear trend below its main daily simple moving averages (DSMAs). The market is currently consolidation the recent losses near the

 

GBP/USD: Offered on Boris Johnson’s appointment to UK PM and hard Brexit hysteria

GBP/USD has travelled within a range of between 64 pips today, a relatively tight range considering the political turmoil that the UK now officially f

 




US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD and AUD/USD

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EUR/USD and GBP/USD Forecast July 24, 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…

 

EUR/GBP technical analysis: Head-and-shoulders breakdown likely

EUR/GBP has created a head-and-shoulders bearish reversal pattern on the 4-hour chart with neckline support at 0.8954. A 4-hour close below that level

 

Have a nice trading!




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