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GBP Daily Review November 22, 2019

GBP Daily Review for November 22, 2019

US Dollar Technical Outlook: GBP/USD, AUD/USD, USD/CAD

The US Dollar has been relatively quiet so far this week. But potential for volatility remains with a number of themes in the headlines.

 

GBP/USD reverses and hits fresh lows near 1.2910

The GBP/USD pair dropped from the highest level since Monday at 1.2969 to 1.2912, slightly above Asian session lows. The reversal took place amid a st

 

Trade: Talks may suffer if Trump signs Hong-Kong bill, EUR/USD, GBP/USD retreat

The SCMP is reporting that a high-profile signing ceremony of the Hong-Kong bill may anger China. EUR/USD and GBP/USD are on the back foot. More comin

 

EUR/USD and GBP/USD Forecast November 22, 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…

 

GBP/JPY: Buyers and sellers jostle amid trade/political pessimism

GBP/JPY carries the previous three-day trend forward while staying negative during the Asian session on Friday.

 

GBP/USD Technical Analysis: Cable drops near 1.2900 handle on USD strength

Sterling/Dollar is easing from the November highs moving away from the 1.3000 handle while trading above its main daily simple moving averages (DMAs).

 

GBP Holds Up After Close Brexit Debate, Bulls Watch Tory Poll Lead

The British Pound has remained quite steady as general election campaigning begins in earnest. Can it remain so given the huge Brexit differences between candidates?

 

US Dollar Price Volatility Report: EUR/USD, GBP/USD, USD/CAD

The US Dollar continues to oscillate between its 50-day and 200-day simple moving averages amid heightened uncertainty regarding where US-China trade talk progress truly stands.

 

When are the UK Preliminary PMIs and how could it affect GBP/USD?

The first Preliminary readings of the UK Manufacturing and Services PMIs are due for release today at 0930GMT. The Preliminary UK Manufacturing PMI is

 

GBP Futures: scope for a correction lower

Open interest and volume in GBP futures markets increased on Thursday by around 2.4K contracts and 11.5K contracts, respectively, as per advanced read

 

Have a nice trading!




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