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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 21 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 1 day 32 minutes 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 1 day 2 hours 33 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 1 day 5 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 16 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 1 day 17 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 17 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 19 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 2 days 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 23 hours ago read more >>
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GBP

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Ichimoku Signal Wrap-up: GBP/USD - Sell at 1.5125

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

Despite intra-day brief bounce to 1.5158, as the British pound met renewed selling interest there and has fallen again on dollar's broad-based strength, suggesting recent decline is still in progress and may extend further weakness to 1.5015-20 ( read more
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Daily Statement: GBP Tumbled on BoE Minutes and Retail Sales

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

Quick update: Dollar spiked against euro, with EUR/USD just missing 1.3 psychological level in early US session. In his testimony to the Joint Economic Committee of Congress, Fed chairman Bernanke warned that "premature tightening of monetary pol read more
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Elliott Wave Forecast: EUR/GBP - Stand aside

posted by Avatar GAINSY 2 days 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 2 days 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 3 days 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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