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Shooting Star on the Hour ...

Bearish shooting star candlestick pattern formed on the hourly chart after cable reached up to resistance at 1.5280. Potentia

posted by DannyBly 8 hours ago read more >>
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Ichimoku Signal Wrap-up: ...

Despite last week's resumption of decline to 1.5158 (Friday's low), lack of follow through selling on break of previous suppo

posted by GAINSY 12 hours ago read more >>
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GBP/USD Resolving a Short ...

1.52: The GBP/USD broke below the 1.52 handle, but has not extended lower, pulling back from 1.5156. As we start the week, th

posted by FXTimes 15 hours ago read more >>
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Pound to euro exchange ra ...

Market focus is tipped to turn to UK data releases with CPI, BoE MPC Minutes, Retail Sales and Q1 GDP first revision released

posted by whatadous 18 hours ago read more >>
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Pound Sterling Exchange R ...

The Pound Dollar exchange rate struggled to make gains above 1.5250 GBP/USD on Friday and lost ground steadily towards the U.

posted by portelo 16 hours ago read more >>
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European Stocks Seen High ...

New sellers raised asking prices by 2.1 percent in May from a month earlier to a record GBP 249,841, while prices were 2.5 pe

posted by RiskTaker 19 hours ago read more >>
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Australian Dollar Outlook ...

With many analysts now predicting the AUD will hit a low of 90 cents by year end and the possibility that the massive quantit

posted by MonteAmor 23 hours ago read more >>
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Debate on U.K.’s Fiscal ...

Bank of England Governor Mervyn King said the “whole debate on fiscal policy has really got overblown” and the government

posted by fxhottie 1 day 3 hours ago read more >>
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GBP/USD Outlook – May 2 ...

GBP/USD Outlook – May 20-24GBP USD FORECAST, MAJORS, WEEKLY FOREX FORECASTS | WRITTEN BY KENNY FISHER | CREATED: MAY 19, 2

posted by forexcrunch 1 day 16 hours ago read more >>
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GBPUSD and AUDUSD Weaknes ...

GBPUSD and AUDUSD Weakness Continues, 17th May 2013

posted by Nial-Fuller 3 days ago read more >>
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Drax Group Plc agreed GBP 75 million loan facility - CoalGuru

posted by Avatar trader 25 days ago in GBP made popular 25 days ago

He said that "The benefits are multiple, from securing jobs at Drax and across the UK in the supply chain to providing low carbon, cost effective and reliable renewable power for the consumer. We are delighted to secure the support of Friends Life and ... read more
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GBP/USD: BoE Inflation Report Eyed

posted by Avatar GAINSY 6 days ago in USD, GBP, Fundamental made popular 5 days ago

For the 24 hours to 23:00 GMT, GBP fell 0.51% against the USD and closed at 1.5228.

On the economic front, the Conference Board leading economic index in the UK rose 0.4% in April, following the similar rate of growth recorded in the previous read more
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Ichimoku Signal: GBP/USD - Sell at 1.5300

posted by Avatar GAINSY 5 days ago in USD, GBP, Technical made popular 5 days ago

As the British pound has remained under pressure after meeting renewed selling interest at 1.5331 yesterday, suggesting recent decline from 1.5607 top is still in progress and further weakness to 1.5170-75 (50% projection of 1.5593-1.5275... read more
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GBP/USD Awaiting Break from Consolidation under 1.56

posted by Avatar FXTimes 15 days ago in USD, GBP, Technical made popular 15 days ago

Consolidation with bullish bias: GBP/USD has been rallying in an upwards channel since the March and 2013 low at 1.4830. It has currently stalled near the rising channel resistance and after briefly cracking the 1.56 handle, but has held above 1. read more
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Forex Signal Update: GBP/USD - Stand aside

posted by Avatar GAINSY 14 days ago in USD, GBP, Technical made popular 14 days ago

Although the British pound staged a strong rebound on Friday from 1.5480 to 1.5603 on cross-buying in sterling, break of last week's high of 1.5607 is needed to confirm recent upmove has resumed and extend gain to 1.5640-45 (50% projection of... read more
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EUR/GBP Awaiting Breakout from Consolidation Above 0.84

posted by Avatar FXTimes 14 days ago in EUR, GBP, Technical made popular 14 days ago

Consolidation: The EUR/GBP rallied to about b in 2013 but has stalled and been retreating from its highs, reaching 0.84 by April (also 38.2% retracement of the rally from July 2012 to Feb 2013). the 4H chart shows that the market has basically be read more
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GBP/USD Daily Forecast

posted by Avatar GAINSY 18 days ago in USD, GBP, Technical made popular 18 days ago

Intraday bias in GBP/USD remains on the upside as rise from 1.4830 continues. Such rebound could extend to 61.8% retracement of 1.6380 to 1.4830 at 1.5788. On the downside, below 1.5467 minor support will turn bias neutral first. Overall, rebound read more
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Ichimoku Signal: GBP/USD - Stand aside

posted by Avatar GAINSY 13 days ago in USD, GBP, Technical made popular 13 days ago

Cable's retreat after faltering below indicated resistance at 1.5607 (last week's high) has retained our view that further consolidation is in store and near term downside risk is seen for another fall to support at 1.5480 (Friday's low) but brea read more
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GBP/USD: Pound Trading Lower In The Asian Session

posted by Avatar GAINSY 3 days ago in USD, GBP, Fundamental made popular 3 days ago

For the 24 hours to 23:00 GMT, GBP rose 0.26% against the USD and closed at 1.5277.

In the Asian session, at GMT0300, the pair is trading at 1.5246, with the GBP trading 0.20% lower from yesterday’s close. read more
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Upbeat US non-farm payrolls data

posted by Avatar Evan 15 days ago in USD, EUR, GBP, AUD, NZD, Economic Indicators made popular 15 days ago

The NZD has so far proved relatively resilient to signs global growth has slowed in Q2. It seems the strength of the domestic economy, a rising terms of trade, and a juicy interest rate differential are supporting the currency and preventing large ... read more
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Pound to euro exchange rate faces a week that is 'anything but trivial' (UK ...

posted by Avatar whatadous 18 hours ago in GBP, Economic Indicators made popular 18 hours ago

Market focus is tipped to turn to UK data releases with CPI, BoE MPC Minutes, Retail Sales and Q1 GDP first revision released this week. "The BoE MPC minutes will likely draw the greatest attention following the relatively more upbeat Quarterly ... read more
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Falling Consumer Confidence Does Not Affect Pound Much

posted by Avatar commodityblog 20 days ago in USD, GBP, Fundamental made popular 20 days ago

The Great Britain pound was little changed today even after UK consumer confidence unexpectedly fell this month, suggesting that the Britain’s problems did not end yet. read more