GBP News Reviews 

GBP Daily Review August 21, 2019

GBP Daily Review for August 21, 2019 US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, NZD/USD The US Dollar is in focus ahead of the start of Jackson Hole, and this webinar looks at setups on either side of the matter.   GBP/JPY, GBP/USD, EUR/GBP Consolidate Losses After Latest Brexit News A lack of new, negative developments around Brexit have given the GBP-crosses some room to rebound in the short-term.   GBP/USD Dips, EUR/USD Eyes Italian Politics, AUD/USD Bounces on RBA – US Market Open GBP/USD Dips, EUR/USD Eyes Italian…

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GBP News Reviews 

GBP Daily Review August 20, 2019

GBP Daily Review for August 20, 2019 CAD Longs Cut, GBP Remains Bearish, JPY Longs Extended – COT Report CAD Longs Cut, GBP Remains Bearish, JPY Longs Extended – COT Report   Sterling (GBP) Weekly Forecast: Driven by Fed’s Powell and Brexit Little in the UK economic calendar to steer Sterling but FOMC minutes, Jackson Hole and Brexit will direct GBPUSD and the FTSE 100 -Subscribe to DailyFX: htt…   US Dollar Price Outlook: EUR/USD, GBP/USD, AUD/USD, USD/CAD It’s going to be a big week for the US Dollar and…

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GBP News Reviews 

GBP Daily Review August 19, 2019

GBP Daily Review for August 19, 2019 GBP/USD Price Action Shrugs Off No-Deal Brexit Threats GBP/USD remains above 1.2100 and is likely to remain there as the pair are on track to make a bullish streak of five higher lows this, despite increased Brexit rebellion noise.   GBP Price Forecast: Sterling Could Rise as Brexit Fears Fade GBP/USD and EUR/GBP technicals reveal a retracement attempt with the British Pound Sterling staging a recovery from recent downside as no-deal Brexit risk takes the backseat – for now.   Sterling Price Outlook:…

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GBP News Reviews 

GBP Daily Review August 16, 2019

GBP Daily Review for August 16, 2019 EUR/GBP Price Fading Back Towards Support After Double-Digit Rally EURGBP is on course to record its first down week in over three months as bulls take a breather and wait for the next entry point.   EUR/GBP tumbles to daily lows, approaches 0.9200 The increasing buying pressure around the Sterling is sponsoring another decline in EUR/GBP with the next target at the 0.9200 handle. EUR/GBP weaker   GBP/USD nears 1.2100 as UK retail sales unexpectedly rise 0.2% m/m in July vs. -0.2% expected…

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GBP News Reviews 

GBP Daily Review August 15, 2019

GBP Daily Review for August 15, 2019 GBP/USD Price Nudges Higher on UK Inflation Uptick, Brexit Latest The British Pound (GBP) grabbed a small bid Wednesday as UK inflation edged higher. However, Brexit remains the main driver of the British Pound.   GBP/USD jumps to 1.2075 as UK CPI rises 2.1% y/y in July vs. 1.9% expected UK CPI rises 2.1% y/y in July vs. 1.9% expected. UK CPI arrives at 0.0% m/m in July vs. -0.1% expected.   GBP/USD & GBP/JPY Stem the Bleeding on Latest Brexit News Attempts…

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GBP News Reviews 

GBP Daily Review August 14, 2019

GBP Daily Review for August 14, 2019 Sterling (GBP) Ignores UK Labour/Wages Data, Focus Remains Brexit Sterling (GBP) is little changed after slightly better-than-expected UK wages and Labour data as Brexit remains the driver of the British Pound.   EUR/GBP sheds ground and drops to daily lows near 0.9270 The now softer tone surrounding the single currency is prompting EUR/GBP to recede to the area of daily lows in the 0.9270 region. EUR/GBP weaker on E   GBP/USD uninspired by rise in UK wages, as jobless rate ticks higher  …

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GBP News Reviews 

GBP Daily Review August 13, 2019

GBP Daily Review for August 13, 2019 GBP Bearish Bets Near Record, JPY Positions Flips Bullish – COT Report GBP Bearish Bets Near Record, JPY Positions Flips Bullish – COT Report   GBP/USD reverses the slide to 31-month lows, 1.2100 back on sight The GBP/USD pair built on its recovery from 31-month lows of 1.2016 in the European session, having reversed the entire slide to now hover near the da   EUR/GBP recedes from tops, back near 0.9250 The now better mood around the British Pound is dragging EUR/GBP to…

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GBP News Reviews 

GBP Daily Review August 12, 2019

GBP Daily Review for August 12, 2019 CAD Bulls Boosted, GBPUSD Bears at Extreme Levels – COT Report CAD Bulls Boosted, GBPUSD Bears at Extreme Levels – COT Report   GBP Slumps as CBI Warns Neither UK nor EU are Ready for No-Deal Industry experts have warned that a no-deal Brexit would be damaging for both UK and EU industries and neither are prepared to counteract the disruption. GBPUSD eyeing 28-month lows.   GBPUSD Crumbles as The US Dollar Continues its Pre-FOMC Run GBPUSD now back at lows last seen…

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