Dollar Extends Winning Streak, Though Momentum Hints at Waning Strength
Dollar continued its reign as the strongest currency for yet another week, bolstered by solidifying […]
GBP/JPY Nearing Strong Resistance Zone
GBP/JPY has been in a strong bullish phase, but five-wave bullish cycle within wave (5) […]
Pound Rises on Strong UK Retail Sales
The British pound has extended its gains on Friday. In the European session, GBP/USD is […]
GBP/USD Takes Hit While USD/CAD Remains in Uptrend
GBP/USD started a fresh decline below the 1.3200 zone. USD/CAD is rising and might aim […]
EURGBP Goes Back to a Downtrend
EURGBP charts new 2 ½-year low after UK retail sales beat estimates Short-term bias is […]
Consensus-Beating UK Retail Sales Triggers a EUR/GBP Break Lower
Markets Second tier US economic data outgunned yesterday’s ECB meeting. Strong retail sales, lower-than-expected weekly […]
Sterling Rallies After Strong UK Retail Sales, Yen Recovers on Japan’s Verbal Intervention
Sterling rises broadly today, driven by unexpectedly strong retail sales figures for September. This recovery […]
ECB Expected to Cut Rates by 25 bps to 3.25%
Markets Core bonds eked out some gains yesterday ahead of the ECB meeting and US […]
GBP Price Action Ideas: GBP/USD, GBP/JPY and EUR/GBP
The GBP has been declining against the USD due to softer-than-expected UK economic data, leading […]
GBP/USD: Dips Below 1.3000 on Weaker Than Expected UK CPI Numbers
Cable accelerated lower and cracked psychological 1.30 support, to hit the lowest in almost two […]
Pound Suppressed by Weak Inflation
The British pound fell below the 1.30 level against the dollar after weak inflation data […]
GBP/USD Drops Below 1.30 on Soft Inflation Report
The British pound has finally showed some movement on Wednesday after a week of limited […]