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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 3 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 7 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 9 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 11 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 23 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 22 minutes 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 23 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 2 hours 6 minutes 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 6 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 6 hours ago read more >>
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GBP

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Daily Forecast: GBP/USD ; GBP/JPY

posted by Avatar GAINSY 9 days ago in GBP, Technical, Daily

GBP/USD's fall from 1.5606 is still in progress and intraday bias remains on the downside for 1.5196 support. Break will confirm that corrective rebound from 1.4830 has completed at 1.5606 after hitting 50% retracement of 1.6380 to 1.4830 at 1.56 read more
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GBP: Fundamental Risks Pound Sterling

posted by Avatar GAINSY 9 days ago in GBP, Fundamental

The fundamental highlight for GBP on Wednesday is the Bank of England's second Inflation Report for 2013, which is scheduled to be presented at 1030 BST/ 0530 ET. This Report is released four times a year and includes the BOE's latest forecasts f read more
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Elliott Wave Forecast: EUR/GBP - Stand aside

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

Although euro's breach of indicated resistance at 0.8497 signals a temporary low has been formed at 0.8398 and consolidation with mild upside bias is seen for retracement of recent decline to 0.8538 resistance, break there is needed to retain nea read more
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Ichimoku Signal Update: GBP/USD - Sell at 1.5370

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

As the British pound has fallen again after brief recovery to the Kijun-Sen, suggesting recent decline from 1.5607 top is still in progress and further weakness to 1.5253-55 (61.8% Fibonacci retracement of intermediate rise from 1.5034-1.5607), t read more
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STATOIL ASA : Noble Corporation has been awarded the drilling services for ...

posted by Avatar GoldTatoo 10 days ago in GBP

The project entails investments of more than GBP 4.7 billion. Statoil expects to start production from Mariner in 2017. The field is expected to produce for at least 30 years. The average production is estimated at around 55,000 barrels of oil per day ... read more
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Pound Dollar Exchange Rate Weakens Heavily Following Risk Appetite Decline ...

posted by Avatar milkyway 10 days ago in GBP

The Pound Dollar exchange rate struggled to make any challenge on resistance levels in the region of 1.54 GBP/USD on Monday and after a period of relative calm, the UK currency came under sharp selling pressure for the second successive trading ... read more
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GBP/USD: UK Economy To Strengthen, Indicates CBI

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

Yesterday, the Confederation of British Industry (CBI) reported that the UK economy would expand 0.3% in this quarter, rising to 0.4% for the next two quarters and between 0.5% and 0.6% for each quarter of 2014, citing that the global uncertainty read more
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GBPCHF back inside the long term trend channel. Read more:

posted by Avatar stephenlovesforex 10 days ago in GBP, CHF, Technical

A Forex trading technical analysis video showing how Sterling has weakened against a number of other currencies over the last two days. GBPCHF rushed above the top of the very long term trend channel on Friday to a high at 1.4765 in what might b read more
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EUR/GBP testing 0.8500 barrier

posted by Avatar aussiemarket 10 days ago in EUR, GBP

In Spain, the Consumer Price Index (YoY and MoM) came in at +1.4% in April (matching expectations of +1.4%) and +0.4% in April (against projections of +0.4%) respectively. According to the ICN.com analyst team, The EUR/GBP pushed higher towards the ... read more
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Daily Forecast: GBP/USD ; GBP/JPY

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

GBP/USD: Intraday bias in GBP/USD remains on the downside for 1.5196 support. Break will confirm that corrective rebound from 1.4830 has completed at 1.5606 after hitting 50% retracement of 1.6380 to 1.4830 at 1.5605. In such case, deeper fall sh read more
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Ichimoku Signal: GBP/USD - Sell at 1.5385

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

Despite yesterday's resumption of decline to 1.5275, as the British pound has recovered this morning, suggesting minor consolidation above this level would be seen and test of the Ichimoku cloud bottom (now at 1.5368) cannot be ruled out, however read more
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Ichimoku Signal Wrap-up: GBP/USD - Sell at 1.5385

posted by Avatar GAINSY 11 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