GBP News Reviews 

GBP Daily Review February 19, 2019

GBP Daily Review for February 19, 2019 EUR/GBP: No strong bias – Commerzbank Karen Jones, analyst at Commerzbank, points out that the EUR/GBP cross has slowly inched higher last week and failed ahead of the .8863/84 (55 and 200   EUR/GBP bounces off daily lows, back near 0.8760 The sideline performance around the British Pound coupled with some buying interest in the European currency is prompting EUR/GBP to trade with small   EUR/GBP: A mixed pabg of political turmoil and horrible eurozone data, bull’s commitments tested The Brexit fatigue remains…

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GBP News Reviews 

GBP Daily Review February 18, 2019

GBP Daily Review for February 18, 2019 EUR/GBP tumbles further, breaks below the 0.8800 handle The now better tone around the Sterling is forcing EUR/GBP to retreat to the area of session lows in the 0.8800 neighbourhood. EUR/GBP weaker on GBP-   EUR/GBP: Signs of failure? – Commerzbank According to Karen Jones, analyst at Commerzbank, EUR/GBP has held sideways and it is likely that the market would allow for gains to .8890 where we c   GBP/JPY bounces off lows on upbeat UK retail sales, but lacks follow-through The GBP/JPY…

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GBP News Reviews 

GBP Daily Review February 15, 2019

GBP Daily Review for February 15, 2019 Brexit News: Sterling (GBP) Eyes Latest House of Commons Clash UK PM May will go to the House of Commons this evening asking for their support in ongoing talks with the EU, but media reports   EUR/GBP advances to session highs around 0.8780 The Sterling has reverted the initial optimism and is now helping EUR/GBP to move higher and test session tops in the 0.8780 region. EUR/GBP looks to   Sterling Weekly Price Outlook: GBP/USD Breakdown Facing Key Support A three-week decline in…

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GBP News Reviews 

GBP Daily Review February 14, 2019

GBP Daily Review for February 14, 2019 GBP Shrugs off Weaker UK Inflation as Prospect of No-Deal Brexit Recedes UK inflation eased to 1.8% year/year in January, below the 2.0% expected, but the Pound edged only marginally lower, supported by comments Tuesday suggesting that   Breaking: GBPUSD shoots above 1.2950 on Brexit hopes The European Union seems to be waiting for a formal request to extend Article 50 and push back Brexit. They said such a UK request had not been receiv   EUR/GBP targets 0.8800 on poor UK CPI…

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GBP News Reviews 

GBP Daily Review February 13, 2019

GBP Daily Review for February 13, 2019 Brexit Latest: Sterling (GBP) Suffers on Continued Brexit Stand-Off UK PM Theresa May has bought forward her trip to Parliament and is expected to ask for another two weeks to persuade the EU to   EUR/GBP looks for direction around 0.8770 The sentiment around the Sterling remains negative so far this week, prompting EUR/GBP to trade within a tight range below the 0.8800 handle. EUR/GBP   Brexit Set To Break the GBP Brexit Set To Break The Pound If a Deal Cannot Be…

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GBP News Reviews 

GBP Daily Review February 12, 2019

GBP Daily Review for February 12, 2019 Sterling (GBP) Struggles After Weak Q4 UK GDP Data UK Q4 GDP data disappointed, turning negative on a month-on-month basis, leaving Sterling under renewed downside pressure.   GBP Technical Analysis Overview: GBPUSD, GBPJPY, EURGBP GBP Technical Analysis Overview: GBPUSD, GBPJPY, EURGBP   GBP/USD breaches 1.2900 on poor UK data The offered bias is now picking up pace around the Sterling and is forcing GBP/USD to revert initial gains and re-focus on the downside. GBP/USD chal   UK Week Ahead: USD, Data and Brexit…

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GBP News Reviews 

GBP Daily Review February 11, 2019

GBP Daily Review for February 11, 2019 Sterling Weekly Technical Outlook: GBP Down But Not Out Sterling-pairs have had a mixed week with GBPUSD breaking through support before starting to reclaim some of its weekly losses.   GBP Fundamental Forecast: Dovish BoE, Brexit Hell A mixed bag this week with Sterling drifting lower against a strong US dollar but holding its own across a range of other currencies.   Range, Break or Trend Conditions for Dollar, Euro, Pound? We have seen some wild swings from the likes of the S&P…

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GBP News Reviews 

GBP Daily Review February 8, 2019

GBP Daily Review for February 8, 2019 GBP Technical Analysis Overview: GBPUSD, GBPJPY, EURGBP GBP Technical Analysis Overview: GBPUSD, GBPJPY, EURGBP   EUR/GBP clinches 0.8800 and beyond on steady BoE The negative mood around the British Pound is now lifting EUR/GBP to fresh 2-day highs in levels beyond 0.8800 the figure. EUR/GBP up move bolstered   Breaking: GBP/USD crashes on as BOE says Brexit damage has increased GBP/USD towards 1.2850 Follow our live BOE Coverage — more to come   GBP/USD challenges 1.2900 ahead of BoE, looks to PM May…

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GBP News Reviews 

GBP Daily Review February 7, 2019

GBP Daily Review for February 7, 2019 GBPUSD Outlook: Sterling Makes Significant Shift to the Downside The British Pound has broken decisively lower as weak economic data suggest the Bank of England will wait for Brexit developments before even considering a   GBP/USD recovery faltered near 1.2970, eyes on PM May The British Pound has regained some shine on Wednesday and is now lifting GBP/USD to the 1.2960/70 band. GBP/USD supported near 1.2920 After bottomi   GBPUSD: Sentiment Suggests Bearish Trading Bias Traders are further net-long than yesterday and last…

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GBP News Reviews 

GBP Daily Review February 6, 2019

GBP Daily Review for February 6, 2019 GBP/USD weaker, looks to 1.3000 post-PMI The selling pressure around the Sterling is now picking up pace and dragging GBP/USD to the vicinity of the psychological support at 1.3000 the figure   AUDUSD Outperforms, GBPUSD Breaks Support, EURUSD in Limbo – US Market Open AUDUSD Outperforms, GBPUSD Breaks Support, EURUSD in Limbo – US Market Open   GBP/USD Technical Analysis: Cable is about the end the day in the red near the 1.2950 level GBP/USD daily chart Cable is falling below the 200-day…

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