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UK Pound Falls after Reta ...

After showing signs of mild recovery, the latest economic data out of the United Kingdom is proving disappointing. The result

posted by MMarquit 3 hours ago read more >>
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Pound to euro exchange ra ...

The pound to euro exchange rate has taken a hit today; GBP/EUR is 0.57 pct in the red at 1.1676 as we approach mid-day in Lon

posted by aussiemarket 1 hour 57 minutes ago read more >>
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GBP/USD: Pound Slipped As ...

For the 24 hours to 23:00 GMT, GBP fell 0.67% against the USD and closed at 1.5160, following a lower-than-expected 2.4% drop

posted by GAINSY 4 hours ago read more >>
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Price & Time: Is EUR/GBP ...

Trading ideas for the currencies pairs USDCHF, NZDUSD, Gold and our special focus graph EURGBP, we will analyze if the breako

posted by Fxmegaforex 2 hours 29 minutes ago read more >>
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UK retail sales tumble 1. ...

Investing.com - Retail sales in the U.K. fell unexpectedly for the second consecutive month in April, underlining concerns ov

posted by delioncourt 6 hours ago read more >>
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Pound sterling outlook: M ...

The outlook for GBP is busy today: "Attention is going to be back on the UK on Wednesday, with minutes from the Bank of Engla

posted by Maher 9 hours ago read more >>
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EUR/GBP establishing fres ...

Later today, the United Kingdom is expected to release retail sales data and the BoE minutes will certainly capture the atten

posted by forexanalysis 7 hours ago read more >>
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RBNZ survey of inflation ...

Following this week's RBA minutes the market has reduced RBA rate cut expectations. However, it still prices a further 25bps

posted by Vanjo 20 hours ago read more >>
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Cowabunga System Daily Up ...

Unfortunately with a trend change happening right in the middle of our session we didn't get any signals today. See how it al

posted by EJSuratos 21 hours ago read more >>
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GBP/USD Pound Sinks As U ...

Tuesday's inflation numbers out of the UK were weak across the board, indicating that deflation continues to hobble the strug

posted by mattypark 1 day 30 minutes ago read more >>
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Another Good Week for GBP?

posted by Avatar commodityblog 15 days ago in GBP, Fundamental, Weekly

The Great Britain pound felt itself strong recently, but was a bit soft at the start of today’s trading session. Will the currency be able to maintain its rally this week? read more
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The Opening Bell: Where currencies start for Tuesday, May 7, 2013

posted by Avatar freshmint 15 days ago in USD, EUR, JPY, GBP, CAD, AUD, NZD

ECB President Draghi was in the media last night and elaborated on last week's suggestion of taking EUR interest rates to negative -"The Governing Council has decided for the first time to look openly at the possibility of reducing the interest rate on ... read more
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Elliott Wave Forecast: EUR/GBP - Hold short entered at 0.848

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

As the single currency has remained under pressure after meeting renewed selling interest at 0.8497 last week, retaining our bearishness for recent decline from 0.8637 to resume and break of 0.8398 support would extend this wave c for further... read more
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Ichimoku Signal Wrap-up: GBP/USD - Stand aside

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

As the British pound has retreated after faltering below indicated resistance at 1.5607 (last week's high), retaining our view that further consolidation is in store and near term downside risk is seen for another fall to support at 1.5480 (Frida read more
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Daily Forecast: GBP/USD ; GBP/JPY

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

GBP/USD: Intraday bias in GBP/USD stays neutral for the moment. Above 1.5606 will bring another rally towards 61.8% retracement of 1.6380 to 1.4830 at 1.5788. But again, we're still treating rebound from 1.4830 as a correction... read more
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Faltered at 1.5605 Resistance - Could be a top for now. - FXstreet.com

posted by Avatar WebMarket 16 days ago in USD, GBP

The subsequent price action left GBP well beyond its previous attempts at 1.5605 resistance having attempted this level twice last week. Judging by the ... Trading foreign exchange on margin carries a high level of risk and may not be suitable for all ... read more
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Australian Dollar Outlook - 06 May 2013

posted by Avatar Arnaud 16 days ago in USD, EUR, JPY, GBP, CAD, AUD, Economic Indicators

Australia: The AUD rallied on Friday night after the release of the US payrolls report which was stronger than expected. Non-farm payrolls rose 165K in April, higher than the 140K expectation, while the unemployment rate fell to 7.5% from 7.6%. There ... read more
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Big Week For The Commodity Currencies

posted by Avatar insensitive 17 days ago in USD, JPY, GBP, CAD, AUD, NZD

If inflation continues to trend down, it provides further room for a rate cut leading to downward pressure on the AUD (FXA), and if retail numbers stay strong, the AUD should strengthen. (click to enlarge). (click to enlarge). Next up is the HSBC China ... read more
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EUR/GBP Monthly Fundamental Forecast May 2013

posted by Avatar forexlover 18 days ago in EUR, GBP

The EUR/GBP ended the month at 0.8476, considering record high unemployment, recessions, below target inflation, political uncertainty and negative sentiment. Relative central bank policy has been a major driver of G4 currency valuation. On this front ... read more
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Forex Signal Wrap-up: GBP/USD - Stand aside

posted by Avatar GAINSY 19 days ago in USD, GBP, Technical

Despite intra-day brief fall to 1.5480, as the British pound has rebounded again after holding above indicated support at 1.5467, retaining our view that near term upside risk remains for recent upmove to resume, above this week's high of 1.5607 read more
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Elliott Wave Forecast: EUR/GBP - Hold short entered at 0.848

posted by Avatar GAINSY 19 days ago in EUR, GBP, Technical

Euro's retreat after meeting renewed selling interest at 0.8497 earlier this week signals the rebound from 0.8398 (last week's low) has ended there and bearishness remains for another test of this support, break there would extend the decline fro read more
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UK Services PMI Adds to Strength of Pound

posted by Avatar commodityblog 19 days ago in USD, GBP, Fundamental

The Great Britain pound rose today as data showed that the service sector expanded last month faster than was expected, adding to signs of economic recovery in the United Kingdom. read more