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GBP Daily Review November 9, 2018

GBP Daily Review for November 9, 2018

GBP/USD: Weekly Long Positions Soar 29%

Recent changes in sentiment warn that the current GBPUSD price trend may soon reverse higher despite the fact traders remain net-long.


EUR & GBP Dips on Italy and Brexit, AUD Back at Resistance – US Market Open

EUR & GBP Dips on Italy and Brexit, AUD Back at Resistance – US Market Open


GBP/USD: neutral/bearish technicals, tilted bearish though – Scotiabank

Analysts at Scotiabank explained that their outlook for GBP/USD is neutral/bearish. Key Quotes: “GBP/USD peaked in the upper 1.31s yesterday and has


EUR/USD and GBP/USD Forecast November 9, 2018

The Euro initially tried to rally on Thursday but then broke down rather significantly as the Federal Reserve has reiterated its desire to raise interest rat…


EUR/GBP Technical Analysis: Corrective Downtrend Pause in Store?

The bearish continuation pattern in EUR/GBP prices preceded a drop as anticipated and more losses could be ahead in the medium-term. There may be a


GBP/USD: Brexit still going nowhere, UK GDP in the barrel for Friday

The GBP/USD is trading back into 1.3050 heading into Friday’s data-packed UK market outing as the Cable begins to slip away from the mid-weeks peak at


GBP/USD Technical Analysis: Returning to the mean as buyers step away

GBP/USD M5 Hourly candles see the GBP/USD geared for a test of the 200-hour moving average from 1.2970, with intraday resistance from the 50-hour


Have a nice trading!

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