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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 1 hour 25 minutes 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 2 hours 53 minutes 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 8 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 9 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 12 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 11 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 17 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 1 hour 42 minutes 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 2 hours 42 minutes ago read more >>
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Ichimoku Signal Wrap-up: ...

As the British pound has rebounded after intra-day selloff to 1.5565, suggesting first leg of correction from 1.5753 top has

posted by GAINSY 1 day 5 hours ago 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
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Elliott Wave Forecast: EUR/GBP - Buy at 0.8445

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

Current retreat below 0.8529 (Friday's low) signals the rebound from 0.8398 has ended at 0.8598 last week and near term downside risk remains for weakness to 0.8470 and possibly to 0.8445-50, however, as outlook remains consolidative (this...  read more
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GBP/USD: Pound Moving Northwards In The Asian Session

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

On Friday, GBP fell 0.29% against the USD and closed at 1.5183. The greenback advanced as upbeat US economic data raised investor speculation that the Federal Reserve could to taper its stimulus program in the near future...  read more
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Top five brokerage firms' views on Infosys

posted by Avatar defferson 16 days ago in GBP

Appreciation of the rupee against the USD/EUR/GBP; pressure on billing rates; and prolonged slowdown in the US economy could impact the stock in near term. We have collated views and recommendation from various brokerage firms on Infosys and their ...  read more
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Pound Advances as Manufacturing PMI Unexpectedly Expands

posted by Avatar commodityblog 16 days ago in USD, GBP, Fundamental

The Great Britain pound advanced today as UK manufacturing unexpectedly expanded last month, improving outlook for the nation’s economy and increasing attractiveness of the British currency.  read more
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ICAP PLC : ICAP launches i-Swap in Sterling

posted by Avatar ashpotter 16 days ago in GBP

L), a leading markets operator and provider of post trade risk mitigation and information services, announces that it today begins trading in Sterling (GBP) on i-Swap, its electronic interest rate derivative platform. This follows the successful launch ...  read more
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Ichimoku Signal: GBP/USD - Stand aside

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

Despite Friday's retreat from 1.5240 to 1.5140, as the British pound found renewed buying interest there and has risen again, current break of said resistance at 1.5240 signals the rise from recent low of 1.5008 has resumed for retracement of rec  read more
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EUR/GBP Growing Restless from Short-term Range

posted by Avatar FXTimes 16 days ago in EUR, GBP, Technical

Consolidation range: The EUR/GBP is still stuck within a range noted in the previous update on this pair. The resistance is basically in the 0.8590-0.86 area. While 0.8530-0.8540 contains the support area. The market has been stuck in this range  read more
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Daily Technical Strategist On GBPUSD

posted by Avatar FXTechstrategy 19 days ago in GBP, Technical, Daily

GBPUSD: With a follow through higher on the back of its correction occurring on Thursday, there is risk of further upside  read more
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GBP/JPY Consolidating with Short-term Bearish Bias

posted by Avatar FXTimes 19 days ago in JPY, GBP, Technical

Consolidation: The GPY/JPY is consolidating with support around 152.35. Resistance was set around 154.75 but the highs have been getting lower, a sign of short-term bearish bias even though the market is consolidating. Bearish bias: More signs of  read more
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Data coming up in this session

posted by Avatar Geron 19 days ago in GBP

GMT 3:07 GBP @ 1.5225 = Cable needs to break 1.5260-70 levels for 1.5310. On the ... GMT 3:28 GOLD @ $ 1418 = Buying on dips is preferred, as gold should hold above $ 1407 before new York opens and is likely to test $ 1425-28 zones. However ...  read more
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Sterling feels the heat against the euro

posted by Avatar realtrade 20 days ago in GBP, AUD

Focus is starting to turn towards next week's RBA interest rate decision (Tuesday morning), if the RBA stands firm then we could see the AUD stage some sort of recovery. GBP/AUD is starting to come up against some stiff resistance above 1.57 and it ...  read more