GBP News Reviews 

GBP Daily Review October 22, 2019

GBP Daily Review for October 22, 2019 EUR/GBP is flirting with 0.8600, near 5-month lows The continuation of the bid note around the quid is keeping EUR/GBP well under pressure in the area of (just above) 5-month lows on Monday. EUR/GBP fo   CFTC Positioning Report: GBP net shorts retreated to 3-month lows These are the main highlights of the latest CFTC Positioning Report for the week ended on October 15th: Both gross longs and shorts in GBP went down d   GBP/USD hits fresh multi-month tops, looks to extend…

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GBP News Reviews 

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…

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GBP News Reviews 

GBP Daily Review October 18, 2019

GBP Daily Review for October 18, 2019 Brexit Latest: Sterling (GBP) Spikes as Brexit Deal Agreed – What Next? Sterling soars on the news that the EU and the UK have agreed a deal. Next up the UK Parliament will vote on the deal on Saturday with the DUP still offside.   Brexit Latest: GBP/USD Surges as Brexit Deal is Done Brexit Latest: GBP/USD Surges as Brexit Deal is Done   Brexit Hits a Stumbling Block; GBP/USD Slips But Remains Underpinned Brexit negotiations continue with the EU said to be…

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GBP News Reviews 

GBP Daily Review October 17, 2019

GBP Daily Review for October 17, 2019 GBP/USD rebounds from daily lows, back above 1.2700 handle The GBP/USD pair remained under some selling pressure amid a flurry of Brexit headlines, albeit managed to recover around 60-65 pips from daily lows t   Pound slides after report EU refers to Brexit deal impossible without U.K. concession The British pound came under pressure on Wednesday as concerns grew that EU and U.K. negotiators huddled in Brussels were at an impasse over an exit deal….   Canadian Dollar Drops, GBP/USD Choppy, NZD/USD Underperforms…

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GBP News Reviews 

GBP Daily Review October 16, 2019

GBP Daily Review for October 16, 2019 GBP/USD Price Boosted by Brexit Talk, Mixed UK Jobs and Wages Data GBPUSD trades at 1.2665, boosted in early turnover, boosted by talk that the EU still believe that a Brexit deal is possible this week. The latest UK jobs data for employment miss by a wide margin.   EUR/GBP re-tests 5-month lows in sub-0.8700 levels The renewed and quite moderate selling pressure around the single currency is weighing on EUR/GBP and dragging it to record fresh 5-month lows in sub-   GBP/USD…

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GBP News Reviews 

GBP Daily Review October 15, 2019

GBP Daily Review for October 15, 2019 GBP/USD Price Slips Lower as Brexit Reality Starts to Bite Sterling (GBP) opens the week on the back foot as Brexit hopes begin to fade. Gaps between the two sides remain and an extension is looking more likely.   EUR/GBP approaches 0.8800 on GBP-selling The Sterling is giving away part of the recent sharp advance in is lifting EUR/GBP to fresh daily highs in the vicinity of 0.8800 the figure. EUR/GBP   GBP/USD flirting with daily lows, just above mid-1.2500s The intraday selling…

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GBP News Reviews 

GBP Daily Review October 14, 2019

GBP Daily Review for October 14, 2019 Brexit Latest: GBP/USD Rally Holds, Eyes on Today’s Crucial Brexit Meeting Brexit Latest: GBP/USD Rally Holds, Eyes on Today’s Crucial Brexit Meeting   EUR/GBP tumbles to 5-month lows in sub-0.8800 levels The strong rally in the Sterling looks unabated so far on Friday and is forcing EUR/GBP to recede further to the area below the 0.8800 key support, or   Breaking: GBP now up more than 3% vs. USD – Biggest two-day rally in more than three years The British Pound extended its…

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GBP News Reviews 

GBP Daily Review October 11, 2019

GBP Daily Review for October 11, 2019 EUR/GBP Price Analysis – Running into Fibonacci Resistance EUR/GBP is approaching an important technical indicator which will define the short-term price movement. A clean break and close higher is needed to keep the recent bullish momentum intact.   EUR/GBP retreats from tops beyond 0.90 The rebound in the British Pound is now prompting EUR/GBP to recede from earlier tops beyond the key 0.90 the figure. EUR/GBP eases from 4-week highs   GBP/USD technical analysis: Refreshes session tops, near 100-hour SMA/50% Fibo. confluence region…

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GBP News Reviews 

GBP Daily Review October 10, 2019

GBP Daily Review for October 10, 2019 GBP/USD erodes 50-pips rapidly to test 1.2830 on fresh Brexit jitters The GBP/USD pair came under aggressive selling pressure last hour and wiped-off almost 50-pips to now trade near 1.2831 daily lows, as fresh Brexit-re   US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/CAD The US currency continues with little direction so far this week, but a busy set of drivers can change things very quickly in USD.   China Open to Partial Trade Deal, GBP/USD Volatile, FOMC Minutes in Focus –…

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