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GBP Daily Review November 4, 2019

GBP Daily Review for November 4, 2019

Brexit Latest: GBPUSD Stair Stepping Higher as PM Johnson Enjoys GE Poll Boost

Sterling continues to move higher with GBPUSD making five consecutive bullish candles this week (so far). PM Johnson received a fillip Thursday with General Election polls showing the Conservative …


GBP/USD holds steady around mid-1.2900s, moves little post-UK PMI

The GBP/USD pair held on to its mildly positive tone through the early European session on Friday and had a rather muted reaction to the latest UK mac


GBP/USD Rate Recovery to Persist If BoE Alters Forward Guidance

Fresh updates from the Bank of England (BoE) may fuel the recovery in GBP/USD if the central bank alters the forward guidance for monetary policy.


US Dollar Bounces on NFP: EUR/USD, GBP/USD, USD/JPY

A weak US Dollar caught a bounce after the release of Non-Farm Payrolls but sellers came right back into the mix to take advantage of that run.


GBP/USD technical analysis: Cable trading at daily lows after the London close

GBP/USD in October soared above its main daily simple moving averages (DMAs) and reached levels not seen since mid-May 2019. Buyers want a daily close above th


EUR/USD and GBP/USD Forecast November 4, 2019

For additional up-to-date Forex Trading information: News (, Technical Analysis (…


GBP/USD: Mildly bid ahead of UK PMI, trade/Brexit headlines in play

With the increasing odds of a Tory leadership post-December election, GBP/USD holds on to recovery gains while taking the bids to 1.2940.


GBP/JPY clings to 140.00 as a lack of major catalysts, Japan off limit upside momentum

With a fewer catalyst to cheer Brexit optimism amid Japanese off, GBP/JPY seesaws around 140.00 during early Monday.


Have a nice trading!

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