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GBP Daily Review July 29, 2019

GBP Daily Review for July 29, 2019

Most Volatile Currencies Next Week – US Dollar, GBP/USD, AUD/USD

Most Volatile Currencies Next Week – US Dollar, GBP/USD, AUD/USD

 

Sterling Outlook: GBPUSD Breaks Down, Boris Johnson Bounce Fades

GBPUSD nears its lowest level of the week, and looks at a technical breakout, as the Boris Johnson mid-week mini-bounce fades in the face of a seemingly unmovable EU.

 

GBP/USD off lows, still below 1.2450 ahead of US GDP

Fresh bids emerged once again near the 1.2425 region last hour, allowing a tepid bounce in GBP/USD back towards the midpoint of the 1.24 handle. But t

 

British Pound Hits Two-Year Low as Speculative Position Also Hits Extreme

After two weeks of consolidation at multi-year lows, GBPUSD would ultimately earn a bearish break on its short-term wedge. It seems another easy shove to a well-worn trend, but beware the reversal risks.

 

FX Week Ahead Top 5 Events: August BOE Meeting & GBP/USD Rate Forecast

Spot GBPUSD trades near multi-year lows and remains firmly in the grasp of no-deal Brexit risk. Meanwhile, next week’s BOE rate review could potentially shed light on further Pound Sterling weakness.

 

FX Price Action Setups in GBP/USD, USD/JPY, USD/CAD and USD/CHF

It was a big week for the US Dollar and next week looks for that to continue. The FOMC is expected to cut rates for the first time in a decade. But – what else might they say?

 

UK’s Gove says no deal is now a very real prospect – bearish gap in GBP/USD?

Conservative politician and the Cabinet Office Minister, who was tasked with overseeing no-deal Brexit planning by British Prime Minister Boris Johnso

 

GBP/USD technical analysis: Cable hits a new 2019 low at 1.2376 as the week comes to an end

GBP/USD daily chart Cable hit a new 2019 low while trading below the main daily simple moving averages (DSMAs). Earlier in the New York session, the

 

GBP/USD drops to lowest since April 2017 under 1.2400

The GBP/USD pair broke below 1.2400 and fell to 1.2375, the lowest intraday level since April 2017. The pair remains near the lows, under pressure. Af

 

British pound, euro hit lowest against U.S. dollar in more than 2 years

The Britsh pound and euro midday Friday in New York touched their lowest points against the U.S. dollar in more than two years, according to Dow Jones Market…

 

EUR/USD and GBP/USD Forecast July 29, 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…

 




USD Uptrend Extends on GDP as GBP Suffers on Latest Brexit Woes

The US Dollar uptrend may extend after resistance was taken out on US GDP, Alphabet and Twitter earnings propelled the S&P 500 higher. GBP/USD is vulnerable to the latest Brexit woes.

 

GBP/USD: Bears dominate amid Brexit/political pessimism

GBP/USD recovers from April 2017 bottom as it trades near 1.2370 ahead of the London open on Monday.

 

GBP/JPY struggles around 3-day low, in search of a fresh direction

Despite taking a U-turn from the 21-day simple moving average (SMA), the GBP/JPY pair trades modestly unchanged to 134.51 during early Monday.

 

GBP Futures: further decline on the cards

Open interest in GBP futures markets posted the largest single day build since July 16 on Friday, up by nearly 7.1K contracts. Volume, instead, droppe

 

Have a nice trading!




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