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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 36 minutes 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 3 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 14 hours 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 15 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 15 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 17 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 22 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 21 hours ago read more >>
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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 1 day 10 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 1 day 14 hours ago read more >>
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Elliott Wave Forecast: EUR/GBP - Stand aside

posted by Avatar GAINSY 1 day 18 hours ago in EUR, GBP, Technical

Although intra-day rally to 0.8590 suggests low has possibly been formed at 0.8398 earlier and consolidation with upside bias remains for gain to 0.8600-10, break of previous resistsance at 0.8637 is needed to signal early fall from 0.8815 top ha  read more
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GBP Gets A Pounding

posted by Avatar GAINSY 1 day 19 hours ago in GBP, Fundamental

It's been a rough morning for GBP, with economic data thwarting early attempts at a GBP recovery. BOE minutes, retail sales and public sector data all weighed on the pound, pushing it below 1.5100 – a key support level. Data details:  read more
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Pound euro exchange rate breaks into 1.16 territory as UK retail sales flop in ...

posted by Avatar insensitive 1 day 23 hours ago in EUR, GBP

Europe remains in recession. Deep challenges persist in its financial system. Without sustained and significant reforms, a decade of stagnation threatens." The pound euro exchange rate will continue to feel the heat ahead of Carney's ascension; this is ...  read more
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Pound Mixed Ahead Of BoE Minutes, UK Retail Sales Data - RTTNews

posted by Avatar Arnaud 2 days ago in GBP, Economic Indicators

In the meantime, the Office for National Statistics is slated to issue U.K. retail sales and public finances for April. Public sector net borrowing is seen at GBP 8.5 billion compared to GBP 15.1 billion in the prior month. U.K. retail sales including ...  read more
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Daily Forecast: GBP/USD ; GBP/JPY

posted by Avatar GAINSY 2 days ago in USD, GBP, Technical

GBP/USD: Intraday bias in GBP/USD remains on the downside for the moment. Corrective rebound from 1.4830 has completed at 1.5606 after hitting 50% retracement of 1.6380 to 1.4830 at 1.5605. Current decline should extend to retest 1.4830 level nex  read more
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Ichimoku Signal: GBP/USD - Sell at 1.5245

posted by Avatar GAINSY 2 days ago in USD, GBP, Technical

Although cable has retreated, yesterday's rebound from 1.5113 suggests minor consolidation above this level would be seen and above the Kijun-Sen (now at 1.5188) would bring a stronger rebound towards the Ichimoku cloud top (now at 1.5240), howev  read more
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European Economics Preview: BoE Minutes Due - RTTNews

posted by Avatar jobseeker 2 days ago in USD, EUR, JPY, GBP, AUD, NZD, Economic Indicators

At the rate-setting meeting, policymakers decided to keep the interest rate at 0.50 percent and quantitative easing at GBP 375 billion. In the meantime, the Office for National Statistics is slated to issue U.K. retail sales and public finances for ...  read more
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GBPUSD struggling on a Fibonacci support level.

posted by Avatar stephenlovesforex 2 days ago in USD, GBP, Technical

A Forex trading technical analysis video showing Cable sitting on the 61% Fibonacci support level at 1.5125 taken from this year's low at 1.4830. May's slide from an interim high at 1.5600 has seen an increase in both implied and historical vola  read more
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4 Questions You Need to Ask Yourself for Tomorrow's Trading

posted by Avatar EJSuratos 2 days ago in USD, JPY, GBP

Strap on your seatbelts, folks. We're about to see a lot of movement in tomorrow's trading! Read my article and learn how you can better brace yourselves for what could be a Wild Wednesday in the forex market!  read more
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GBP: Bruised but Not Battered after Inflation

posted by Avatar GAINSY 2 days ago in GBP, Fundamental

The pound has come under pressure after the weaker than expected inflation reading for April earlier this morning. Headline CPI fell to 2.4% (expectations were for a decline to 2.6%, from 2.8% in March). This is the lowest level since September 2  read more
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GBP Falls As Inflation Slows, USD Resumes Rise Ahead Of FOMC

posted by Avatar GAINSY 2 days ago in USD, GBP, Fundamental

The royal pound fell to a six-week low against the dollar on Tuesday after data showed U.K. inflation slowed more than economists forecast in April, before of the Bank of England releases minutes of its May meeting on Wednesday.  read more
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U.K. Inflation Slows To 2.4%, GBP Drops Vs. USD

posted by Avatar GAINSY 2 days ago in USD, GBP, Fundamental

U.K. inflation retreated to 2.4% in April., the lowest level in seven months, coming back near the bank's target, while pound drops versus dollar on expected further calls for stimulus expansion.  read more