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GBP Daily Review October 21, 2019

GBP Daily Review for October 21, 2019

GBP/USD spikes and retreats, back below 1.2900 handle

The GBP/USD pair picked up some pace in the last hour and jumped to fresh session tops, around the 1.2920 region, albeit quickly retreated few pips th

 

GBP/JPY technical analysis: Reverses an early dip to ascending trend-channel support

The GBP/JPY cross retreated further from multi-month tops set in the previous session and edged lower on the last trading day of the week, albeit has

 

Pound pares losses after BOE’s deputy governor sees rate hikes possible

The British pound was lower Friday, but losses were contained after interest-rate supportive comments from Bank of England Deputy Governor Dave Ramsden. In…

 

US Dollar Suffers, EUR/USD Gains, GBP/USD Eyes Critical Brexit Vote – US Market Open

US Dollar Suffers, EUR/USD Gains, GBP/USD Eyes Critical Brexit Vote – US Market Open

 

GBP/USD before the open, what’s in store?

GBP/USD ended on Friday with a surge, sustaining the bid from a low of 1.2839 to a high of 1.2979, polishing the week’s positive bias having climbed f

 

Brexit: UK PM Johnson officially asked for an extension, GBP/USD positive

UK Prime Minister has officially sent a letter to ask for Brexit to be delayed. European Council President Donald Tusk has confirmed receiving the req

 

Breaking: Letwin amendment approved, GBP/USD negative, crunch Brexit vote due on Tuesday

Earlier, Michael Gove, who coordinates Brexit preparations, has confirmed that there will be no meaningful vote if the Letwin amendment passes. The PM

 

Brexit: Labour set to whip support for Letwin amendment, raising chance main motion delayed, GBP/USD negative

The opposition Labour party is set to whip its members to support the amendment tabled by Sir Oliver Letwin. The modification forces the government to

 

Brexit: Critical vote may be postponed to October 22, GBP/USD may fall with a gap

UK Prime Minister Boris Johnson may send his Conservative MPs home and bring forward the second reading of the Withdrawal Agreement Bill to Tuesday, O

 

GBP/USD technical analysis: Sterling ending the week flirting with the 1.3000 handle

 

EUR/USD and GBP/USD Forecast October 21, 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/USD on the back foot amid waning optimism over Brexit

GBP/USD witnesses a negative week start as the Brexit uncertainty weighs over the Cable. The pair declines to 1.2920 by the press time of early Asian session.

 

EUR/GBP spikes in the open as Brexit Super Saturday fails to impress

EUR/GBP is starting out on the bid, some 0.30% higher in the io following the weekend’s headlines surrounding Brexit. EUR/GBP is currently trading at

 

British Pound Price Outlook: EUR/GBP, GBP/SEK, GBP/NOK Eye Brexit

Uncertainty about Brexit will continue to pull the British Pound in all directions and the uncertainty from the EU-UK divorce may pressure the Swedish krona and Norwegian Krone in the week ahead.

 

Yen, Franc Up as Pound Drops on Brexit Bedlam But Stocks Hold Up

The anti-risk Japanese Yen rose as Brexit bedlam sank the British Pound, but stocks are holding up on bets that central banks will expand policy support.

 

Forex Today: Brexit disappointment weighs on GBP, trade/China headlines fuel Antipodeans

Except for the initial downbeat reaction to the weekend Brexit headlines, Forex today seems to have preferred trade/China optimism.

 

GBP/USD: Options market turns bearish on Pound, indicates waning Brexit optimism

GBP/USD’s options market is most bearish on Pound since April, a sign the investors are adding bets to position for a drop in Sterling on waning Brexi

 

GBP/USD technical analysis: Under pressure, but 50-hour MA support is the level to beat for bears

GBP/USD is flashing red in Asia, possibly due to waning Brexit optimism, but the bias remains bullish with the key MA support still intact. The curren

 

Have a nice trading!




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