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GBP/JPY Breaking Down Sho ...

Range: The 1H GBP/JPY hart shows a market that has been ranging since it found resistance at 156.76. It has ranged roughly fr

posted by FXTimes 4 hours ago read more >>
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EUR/GBP: Confluence at th ...

There goes the trend line on EUR/GBP! But no harm was done - I was able to exit relatively unscathed.

posted by EJSuratos 8 hours ago read more >>
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UK Pound Falls after Reta ...

After showing signs of mild recovery, the latest economic data out of the United Kingdom is proving disappointing. The result

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

The pound to euro exchange rate has taken a hit today; GBP/EUR is 0.57 pct in the red at 1.1676 as we approach mid-day in Lon

posted by aussiemarket 13 hours ago read more >>
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GBP/USD: Pound Slipped As ...

For the 24 hours to 23:00 GMT, GBP fell 0.67% against the USD and closed at 1.5160, following a lower-than-expected 2.4% drop

posted by GAINSY 16 hours ago read more >>
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Price & Time: Is EUR/GBP ...

Trading ideas for the currencies pairs USDCHF, NZDUSD, Gold and our special focus graph EURGBP, we will analyze if the breako

posted by Fxmegaforex 13 hours ago read more >>
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UK retail sales tumble 1. ...

Investing.com - Retail sales in the U.K. fell unexpectedly for the second consecutive month in April, underlining concerns ov

posted by delioncourt 17 hours ago read more >>
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Pound sterling outlook: M ...

The outlook for GBP is busy today: "Attention is going to be back on the UK on Wednesday, with minutes from the Bank of Engla

posted by Maher 20 hours ago read more >>
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EUR/GBP establishing fres ...

Later today, the United Kingdom is expected to release retail sales data and the BoE minutes will certainly capture the atten

posted by forexanalysis 18 hours ago read more >>
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RBNZ survey of inflation ...

Following this week's RBA minutes the market has reduced RBA rate cut expectations. However, it still prices a further 25bps

posted by Vanjo 1 day 7 hours ago read more >>
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GBPUSD one step ahead of EURUSD.

posted by Avatar stephenlovesforex 19 days ago in USD, GBP, Technical

A Forex trading technical analysis video showing how Cable started collapsing from the 2nd of January, one month before EURUSD started losing its face value. While both are struggling under the 50% retracement resistance, Cable has also broken a  read more
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Pound Sterling (GBP) Exchange Rate Sterling advances as UK service sector ...

posted by Avatar Anderson 19 days ago in GBP

The data suggest that the return to growth enjoyed by the economy in the first quarter persisted and may have gained momentum at the start of the second, said Chris Williamson, chief economist at survey compilers Markit. A broad-based improvement is ...  read more
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GBP/USD Daily Forecast

posted by Avatar GAINSY 19 days ago in USD, GBP, Technical

Upside momentum in GBP/USD remains unconvincing but further rise is still expected with 1.5467 minor support intact. Rebound from 1.4830 could extend to .61.8% retracement of 1.6380 to 1.4830 at 1.5788. On the downside, below 1.5467 minor support  read more
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EUR/GBP Daily Forecast

posted by Avatar GAINSY 19 days ago in EUR, GBP, Technical

Intraday bias in EUR/GBP remains on the downside for the moment for 0.8397 first. Break will resume whole decline from 0.8806 towards 50% retracement of 0.7755 to 0.8806 at 0.8281. But overall, such decline is viewed as a correction only and migh  read more
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Forex Signal: GBP/USD - Sell at 1.5630

posted by Avatar GAINSY 19 days ago in USD, GBP, Technical

Despite yesterday's euro-led retreat to 1.5496, still reckon support at 1.5467 would limit downside and near term upside risk remains for another rise, above yesterday's high of 1.5591 would bring a retest of 1.5607, break there would extend rece  read more
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Euro Exchange Rate Weakens Following ECB Comments; GBP/EUR Trades ...

posted by Avatar strawberry 19 days ago in EUR, GBP

The Pound again tested resistance levels in the region of 1.56 against the U.S Dollar, rising to a fresh 11-week high during the day, while the UK currency also made gains versus most of the major currencies, as the UK construction PMI edged to a six ...  read more
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Sirius inks Nigerian offtake deal

posted by Avatar freshmint 19 days ago in GBP

... draw-down funds for the development of its oil assets following satisfactory approval by Glencore's technical team, who will work alongside Sirius to bring the fields online in the near term. Sirius is also planning to receive an additional GBP 60 ...  read more
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EUR/GBP Trade Idea, Fundamental and Technical

posted by Avatar Tradinformed 20 days ago in GBP, Technical, Fundamental

A divergence is opening up between the UK and eurozone economy. This could help to maintain the bearish pressure on the EUR/GBP pair. Trade idea based on fundamental and technical analysis.  read more
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Elliott Wave Forecast: EUR/GBP - Hold short entered at 0.848

posted by Avatar GAINSY 20 days ago in EUR, GBP, Technical

Despite rising to 0.8497 yesterday, as the single currency has retreated after faltering below indicated previous ssupport at 0.8503 (tentatively minor wave i bottom), retaining our bearishness for the decline from 0.8637 (last week's high) to re  read more
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EUR/GBP Intraday Forecast

posted by Avatar GAINSY 20 days ago in EUR, GBP, Technical

The sharp decline in early US session suggests that recovery in EUR/GBP is already completed. And, with 0.8503 minor resistance intact, near term outlook stays mildly bearish. Intraday bias is back on the downside for 0.8397 first. Break will...  read more
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GBP/USD Intraday Forecast

posted by Avatar GAINSY 20 days ago in USD, GBP, Technical

Upside momentum in GBP/USD is a bit unconvincing but further rise is still expected with 1.5467 minor support intact. Rebound from 1.4830 could extend to .61.8% retracement of 1.6380 to 1.4830 at 1.5788. On the downside, below 1.5467 minor suppor  read more
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GBPUSD Trying To Form A Bearish Reversal At 1.5600

posted by Avatar ewforecast 20 days ago in USD, GBP, Technical

On GBPUSD hourly chart we can count completed five waves up in wave C that shows signs of a top around 1.5606 because of ending diagonal in wave 5, divergence on the RSI and now also accelerating price action below the trading channel which sugge  read more