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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 24 minutes 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 3 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 5 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 4 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 6 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 10 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 14 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 4 hours ago read more >>
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GBPUSD and AUDUSD Weaknes ...

GBPUSD and AUDUSD Weakness Continues, 17th May 2013

posted by Nial-Fuller 2 days ago read more >>
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Ichimoku Signal Wrap-up: ...

Although cable has resumed recent decline after meeting resistance at 1.5323 yesterday, loss of downward momentum should prev

posted by GAINSY 2 days ago read more >>
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GBP

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Ichimoku Signal Wrap-up: GBP/USD - Sell at 1.5385

posted by Avatar GAINSY 7 days ago in USD, GBP, Technical

As the British pound has fallen again after meeting renewed selling interest at 1.5385, suggesting the decline from 1.5607 top is still in progress and may extend further weakness to 1.5253-55 (61.8% Fibonacci retracement of intermediate rise fro read more
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Ichimoku Signal Update: GBP/USD - Sell at 1.5450

posted by Avatar GAINSY 7 days ago in USD, GBP, Technical

Although the British pound has retreated after intra-day brief bounce to 1.5385, break of Friday's low of 1.5315 is needed to signal the decline from 1.5607 top has resumed and extend weakness to previous resistance at 1.5298, then towards... read more
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GBP/USD Fails to Clear Rising Channel Support

posted by Avatar FXTimes 7 days ago in USD, GBP, Technical

Channel support: After a brief crack of the rising channel support and the 4H 200-SMA, GBP/USD stalled and is showing some bullish intent. The momentum has turned neutral, though price staying in the rising channel and above the 200-4H-SMA, remai read more
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Today's Market View Including fferro Mining, DiamondCorp, Lonmin, Mwana ...

posted by Avatar penpip 7 days ago in GBP

Estimates are for the euro area to record a 0.1% in the first three months of 2013, a 6th consecutive quarterly decline, signalling the economy continues to struggle amid the longest recession since the creation of the single currency. UK - The ... read more
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GBP/USD: UK Trade Deficit Narrowed Less-Than-Expected In Mar

posted by Avatar GAINSY 7 days ago in USD, GBP, Fundamental

In the UK, total trade deficit fell to £3.130 billion in March, from a revised £3.391 billion deficit recorded in the previous month. Market had expected a trade deficit of £3.100 billion in March. Meanwhile, goods trade deficit narrowed to £9.05 read more
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Ichimoku Signal: GBP/USD - Sell at 1.5450

posted by Avatar GAINSY 7 days ago in USD, GBP, Technical

Although the British pound fell sharply to as low as 1.5315 on Friday, the subsequent rebound from there suggests a minor low is formed and consolidation above this level is in store with initial upside bias for corrective bounce to 1.5421 (38.2% read more
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A$ below parity with US$

posted by Avatar peekaboo 7 days ago in USD, EUR, JPY, GBP, AUD, NZD

... its economy and reverse deflation via very stimulatory monetary policies. Global equity markets closed higher across the board. The Gold price fell nearly 0.6% to USD$1456 an ounce. The NZD opens at 0.8275 USD, 0.8275 AUD, 0.6385 EUR, 0.5390 GBP, ... read more
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Elliott Wave Forecast: EUR/GBP - Stand aside

posted by Avatar GAINSY 10 days ago in EUR, GBP, Technical

The single currency has remained confined within indicated near term range of 0.8398-0.8497, adding credence to our view that further consolidation is ins tore and only break of said upper range of 0.8497 would signal a temporary low is formed at read more
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Ichimoku Signal Wrap-up: GBP/USD - Stand aside

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

We have under-estimated the strength of the decline from 1.5607 and intra-day decline gathered momentum on dollar's broad-based strength, suggesting downside risk remains for the aforesaid fall to bring a stronger retracement of early upmove read more
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Euro and Pound Drop to 2-Week Lows Against the US Dollar

posted by Avatar Fxmegaforex 10 days ago in USD, GBP, Fundamental

UK total trade balance rises slightly from a seven month low -> Euro weakens below 1.30 on US Dollar strength -> Pound falls towards a rising trend line.The UK total trade balance rose slightly in March and up from a seven month low set in the pr read more
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GBP/USD Challenges Rising Channel Support

posted by Avatar FXTimes 10 days ago in USD, GBP, Technical

Channel support: After multiple failures to break 1.56, GBP/USD has fell near a rising channel support which is around 1.5350 at the moment. If the market can find support here, there is short-term upside risk first back to the 1.5460-80 area to read more
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Pound Sterling Exchange Rate Rises Following Positive Industrial Production ...

posted by Avatar newsinabox 10 days ago in EUR, GBP

The Pound advanced against the majors last night, rising back towards near-term resistance in the region of 1.56 GBP/USD against the U.S Dollar, while the Pound to Euro exchange rate also made gains, settling comfortably above 1.18 GBP/EUR. The latest ... read more