Global stock markets tumble following release of uniformly disappointing data ...
The ECB is widely expected to keep rates unchanged at 0.50%, even as growth and inflation forecasts are likely to be revised down. With rates now approaching the zero lower bound, the ECB will concentrate on alternative measures to help stimulate the ...
EZ GBP and retails sales do the euro no favours
The poor retail sales and lower y/y GDP sees the recession deepen in the eurozone. The top today was bang on the 100 dma and resistance at 1.3106. Further resistance is coming in at 1.3133 and 1.3166. eurusddaily 05 06 2013. Today's low came in just ...
GBPCAD rallies through long term mid-point at 1.5800.
NEW VIDEO ALERT: GBPCAD - DAILY - ANDREWS PITCHFORKA Forex trading technical analysis video showing yesterday's daily close just above an important resistance level at 1.5825 -
Ichimoku Signal: GBP/USD - Stand aside
Despite intra-day brief bounce to 1.5343, as cable has retreated again after failing to penetrate yesterday's high of 1.5343, suggesting further consolidation below this week's high of 1.5376 would be seen and pullback to support at 1.5273 (yeste
EUR/GBP sidelined 0.8530/60 ahead of key data
In an eventful week data wise, the EUR/GBP remains in a tight range with broad focus still on the dollar crosses. It is slightly offered this morning ahead of the final reading of the services PMIs for May, with the risks lying ...
GBP/USD drifting higher to hold 1.5300
And for the UK, TD Securities research teams said that they see upside in the UK manufacturing and construction PMIs in particular, continuing to say that upside will be limited though by the fact that the services PMI has already held up relatively ...
GBP/JPY Growing Restless in a Triangle Consolidation; BoE
Consolidation, bearish bias: After retreating from the 156.76 high to the 151.76 low, GBP/JPY has been in a triangle consolidating. The RSI is stuck between 40 and 60, which shows consolidation momentum. The fact that the previous swing was beari
GBP/USD: BRC Retail Sales Records A Rise In May
For the 24 hours to 23:00 GMT, GBP rose 0.76% against the USD and closed at 1.5322, as manufacturing activity in the UK grew at the fastest pace in 14 months in May.
Will EUR/GBP Respect the Breakout?
Breakout, pullback: The previous EUR/GBP update noted a pair growing restless in a range. Then, the market broke down the support around 0.8530, and f...
GBP/USD – Monitoring Short-term Uptrend
Turning bullish: The GBP/USD is turning bullish in the 1H chart (It is sideways in the 4H chart and has a bearish bias in the daily chart). Price has extended higher after a double bottom was formed last week. Price has started to trade above the
Daily Forecast: GBP/USD ; GBP/JPY
GBP/USD: The rebound from 1.5007 is still in progress and might extend beyond 61.8% retracement of 1.5606 to 1.5007 at 1.5377. But still, we're treating it as a correction and thus expect strong resistance above 1.5377 and bring reversal. On the
Ichimoku Signal Wrap-up: GBP/USD - Buy at 1.5295
As the British pound has rallied again in New York morning and broke above previous resistance at 1.5323-31 on dollar's broad-based selloff, suggesting recent rise from 1.5008 low is still in progress and may extend further gain to 1.5385-86...


