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Elliott Wave Forecast: EU ...

Despite intra-day brief rise to 0.8597, lack of follow through buying on break of previous resistance at 0.8590 and current r

posted by GAINSY 7 hours ago read more >>
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Curiosity killed the cat ...

For a long while now, we have held the view that the level of employment and consumer spending was not in line with the traje

posted by Flexie 10 hours ago read more >>
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EUR/GBP higher in London ...

The pair is open markedly higher than trade of yesterday, some 40 pips higher, on a weaker outlook for the UK economy. IMF wa

posted by olivia 12 hours ago read more >>
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Ichimoku Signal: GBP/USD ...

Despite yesterday's initial fall to 1.5014, the subsequent rebound suggests consolidation above this level would be seen and

posted by GAINSY 15 hours ago read more >>
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JPY Jumps On China Growth ...

Sterling pound hit session highs against the dollar on Thursday, after official report confirmed that the U.K. economy expand

posted by GAINSY 1 day 2 hours 58 minutes ago read more >>
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GBP/USD: Pound Sapped By ...

For the 24 hours to 23:00 GMT, GBP fell 0.83% against the USD and closed at 1.5034, after retail sales in the UK fell below m

posted by GAINSY 1 day 4 hours ago read more >>
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Elliott Wave Forecast: EU ...

Although yesterday's rally to 0.8590 suggests low has possibly been formed at 0.8398 earlier last month and consolidation wit

posted by GAINSY 1 day 3 hours ago read more >>
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Ichimoku Signal Wrap-up: ...

Despite intra-day initial fall to 1.5014, lack of follow through selling on break of yesterday's low of 1.5020 and current re

posted by GAINSY 1 day 5 hours ago read more >>
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Global employment briefin ...

Amongst other changes, the daily allowances payable to employees have been increased. An employee is now entitled to a daily

posted by Dylan 1 day 10 hours ago read more >>
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GBPUSD has a tiny triple ...

A Forex trading technical analysis video showing that we are no lower than where we got to yesterday on Mr. Bernanke's slight

posted by stephenlovesforex 1 day 9 hours ago read more >>
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GBP

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Ichimoku Signal Update: GBP/USD - Sell at 1.5180

posted by Avatar GAINSY 10 hours ago in USD, GBP, Technical

Despite yesterday's initial fall to 1.5014, the subsequent rebound suggests consolidation above this level would be seen and near term upside risk remains for retracement to 1.5145-50 (50% Fibonacci retracement of 1.5282-1.5014), however, reckon read more
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Euro Fails to Breakout as ECB Fires Warning Shot- H&S in Tact

posted by Avatar romil 10 hours ago in EUR, GBP

... as though the MPC will keep the Asset Purchase Facility capped at GBP 375B, and we may see a growing number of central bank officials start to discuss a tentative exit strategy in the second-half of the year as the region skirts a triple-dip recession. read more
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Daily Forecast: GBP/USD ; GBP/JPY

posted by Avatar GAINSY 11 hours ago in GBP, Technical, Daily

GBP/USD: A temporary bottom is formed at 1.5013 in GBP/USD and intraday bias is turned neutral for some consolidations. But upside should be limited below 1.5281 resistance and bring another decline. Below 1.5013 will target retest of 1.4830 firs read more
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June '13 British Pound: Bear Trend

posted by Avatar DannyBly 19 hours ago in GBP, Technical, Daily

Technically the MKT is vulnerable to the offer. On the SELL side accept all BREAKOUT, FADE and REVERSAL signals. The MKT is on edge and any negative signal, especially below the previous session high, is an opportunity. read more
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Unlucky Break on GBP/JPY - Trade Closed

posted by Avatar EJSuratos 1 day 3 hours ago in JPY, GBP, Special

Just when I thought I was gonna head home with a win, a sudden turn of momentum wiped out my GBP/JPY trade. Here's the 411 on what happened to my trade. read more
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Pound Advances vs. Dollar on UK GDP, Falls vs. Euro & Yen

posted by Avatar commodityblog 1 day 4 hours ago in USD, GBP, Fundamental

The Great Britain pound advanced today versus the US dollar after the second revision of GDP data confirmed that the nation’s economy emerged from recession. At the same time, the currency weakened against the euro and the Japanese yen. read more
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Collinson FX Market Commentary: May 23, 2013 - USD up - all else falls

posted by Avatar princess 1 day 11 hours ago in USD, GBP

The EUR plunged from 1.2990 to 1.2830 and the GBP dropped 150 points! Monetary Policy now controls markets but Central Bankers fear the creep upwards of Bond Yields as the canary chirps away! A rebellion against Global QE is underway but remains a ... read more
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Pound Sterling to US Dollar (GBP/USD) Exchange Rate rises as UK economy ...

posted by Avatar eddie 1 day 12 hours ago in USD, GBP

The Pound strengthened due to the data generating improved optimism that the UK economy is on course for a solid recovery. The economy's return to growth prompted Bank of England governor Sir Mervyn King to say that a recovery is in sight and ... read more
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Another rocky ride for Sterling

posted by Avatar Reno 1 day 12 hours ago in GBP, Economic Indicators

GBP remains under pressure ahead of the second UK GDP estimate at 09:30. STERLING/EURO: There are still three ... US home sales data was also disappointing and oil prices have really waned in the last few sessions. Hints from the Fed that they are ... read more
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GBP/AUD Forming a Double Top and Threatening a Rising TL

posted by Avatar FXTimes 1 day 12 hours ago in GBP, AUD, Technical

Bullish market: GBP/AUD has been in a bull market since the beginning of April. The 4H chart shows that very clearly as price continues to makes higher highs and lows, remains above a rising trendline going back to lows from Apr. 10/11. The RSI h read more
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GBP/USD Trades in a Falling Channel; Bounces off Support P

posted by Avatar FXTimes 1 day 13 hours ago in USD, GBP, Technical

Support pivot: After a bearish push that followed softer UK inflation data and Bernanke’s testimony, the GBP/USD finally found support around a previous support pivot near 1.5025.The 4H RSI also resolved an oversold reading. Bearish: The market r read more
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Thursday's ETF Chart To Watch: EWU In Focus After British GDP Data

posted by Avatar babyblue 1 day 13 hours ago in GBP, Economic Indicators

Our ETF to watch for today is the MSCI United Kingdom Index Fund (EWU, A) which could swing in either direction at the opening bell as investors react to the overnight GBP gross domestic product data release. Analysts are expecting for Britain's ... read more