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Bernanke outlined that 't ...

This is consistent with our view that domestic fundamentals (growth, interest rates and commodities) continue to provide supp

posted by Vanjo 9 hours ago read more >>
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Ichimoku Signal Wrap-up: ...

Despite intra-day retreat to 1.5603, as the British pound has rebounded after holding above indicated support at 1.5565, reta

posted by GAINSY 12 hours ago read more >>
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Elliott Wave Forecast: EU ...

Yesterday's strong rebound suggests a test of resistance at 0.8598 would be seen, however, a break there is needed to suggest

posted by GAINSY 13 hours ago read more >>
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UK Inflation rebounds to ...

UK gross domestic product figures showed that Britain managed to avoid a triple-dip recession after recording an expansion of

posted by Shawn 19 hours ago read more >>
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Ichimoku Signal: GBP/USD ...

As the British pound has rebounded after yesterday's selloff to 1.5565, suggesting first leg of correction from 1.5753 top ha

posted by GAINSY 20 hours ago read more >>
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Sika Acquires Leading UK ...

Sika has acquired Everbuild Building Products Ltd, UK's largest independent manufacturer of sealants, adhesives and construct

posted by Alice 23 hours ago read more >>
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GBPUSD Against The Tough ...

GBPUSD seems to have failed against a combination of resistances. A peek into the same.

posted by ForexAbode 22 hours ago read more >>
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Harsh penalties loom for ...

Royal Bank of Scotland was rescued in 2008 with a 45 billion-pound (NZD$88 billion) injection of state capital that has prove

posted by GoldTatoo 1 day 4 hours ago read more >>
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EUR/GBP Testing Triangle ...

Consolidation: EUR/GBP has been in consolidation since April. The daily chart shows a market that has been in a triangle. To

posted by FXTimes 1 day 12 hours ago read more >>
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GBP/USD Pound Falls as U ...

The BOE has already voiced concern that its inflation target of 2% is too low, and today's figures will only reinforce that c

posted by euphoria 1 day 13 hours ago read more >>
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GBP

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Global stock markets tumble following release of uniformly disappointing data ...

posted by Avatar eddie 14 days ago in USD, EUR, GBP, AUD, NZD

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 ... read more
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EZ GBP and retails sales do the euro no favours

posted by Avatar cathlyn 14 days ago in GBP, Economic Indicators

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 ... read more
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GBPCAD rallies through long term mid-point at 1.5800.

posted by Avatar stephenlovesforex 14 days ago in GBP, CAD, Technical

NEW VIDEO ALERT: GBPCAD - DAILY - ANDREWS PITCHFORK
A Forex trading technical analysis video showing yesterday's daily close just above an important resistance level at 1.5825 - read more
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Ichimoku Signal: GBP/USD - Stand aside

posted by Avatar GAINSY 14 days ago in USD, GBP, Technical

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 read more
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EUR/GBP sidelined 0.8530/60 ahead of key data

posted by Avatar vinia 14 days ago in EUR, GBP

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 ... read more
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GBP/USD drifting higher to hold 1.5300

posted by Avatar Lanen 15 days ago in USD, GBP

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 ... read more
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GBP/JPY Growing Restless in a Triangle Consolidation; BoE

posted by Avatar FXTimes 15 days ago in JPY, GBP, Technical

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 read more
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GBP/USD: BRC Retail Sales Records A Rise In May

posted by Avatar GAINSY 15 days ago in USD, GBP, Fundamental

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. read more
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Will EUR/GBP Respect the Breakout?

posted by Avatar FXTimes 15 days ago in EUR, GBP, Technical

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... read more
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GBP/USD – Monitoring Short-term Uptrend

posted by Avatar FXTimes 15 days ago in USD, GBP, Technical

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 read more
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Daily Forecast: GBP/USD ; GBP/JPY

posted by Avatar GAINSY 15 days ago in GBP, Technical, Daily

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 read more
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Ichimoku Signal Wrap-up: GBP/USD - Buy at 1.5295

posted by Avatar GAINSY 16 days ago in USD, GBP, Technical

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... read more