GBP/USD Faces Downside Risk: What Traders Should Watch
Key Highlights GBP/USD faced rejection near 1.2700 and declined heavily. A major bearish trend line […]
What Could UK General Election Mean for Pound?
UK citizens head to the ballots on July 4 Opinion polls point to a Labour […]
GBPUSD Bounces Off 50-Day SMA
GBPUSD rebounds from a 1-month low But the price trades flat in past couple of sessions […]
EURGBP Lacks Clear Direction in Short-Term
EURGBP fails to recoup the negative gap RSI ticks down but MACD stands above its […]
Japanese Yen Technical Outlook: USD/JPY, EUR/JPY & GBP/JPY
FX intervention chatter returns, but is it enough for the ailing JPY? USD/JPY at psychological […]
GBP: A Correction May Be Imminent
During Monday’s session, the GBPJPY pair continued its uptrend, reaching a high of around 202.50, […]
ICYMI: Monday Market Breakdown
The US Dollar (USD) declined during Monday’s European session as political concerns in Europe receded, […]
Instrument of the Week (June 24—28): GBPAUD Outlook
The GBPAUD pair represents the exchange rate between the British Pound and the Australian Dollar, […]
GBP/USD Shrugs Despite Sparkling Retail Sales
The British pound is slightly lower on Friday. GBP/USD is trading at 1.2636 early in […]
Euro and Sterling Fall on Weak PMI Data
Euro fell notably today, along with decline in Eurozone government bond yields, following weaker-than-expected PMI […]
Japanese Yen Trades Stoic After Closing at New 34-y Low
Markets US invertors returning after Wednesday’s Juneteenth holiday found some disappointing, admittedly mostly second tier, […]
Focus Turns to June PMIs After Central Bank Bonanza
In focus today After yesterday’s hawkish surprise from Norges Bank, we revise our call for […]