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GBP/USD Analysis

The pair closed in NY Friday at $1.5869 after rate had recovered off an initial NFP react low of $1.5791 to $1.5887,

Layers of resistance 3139.9-3169.9 continue to thwart attempts to shift immediate focus to

The bounce from fresh 2014 and 2 year lows and below the Bollinger band base to end last week combined with

The pair started this morning at $0.8658 right at the top of Friday’s $0.8567 to $0.8658 range seen during the US hours.

In light of the recent month’s price action, we reaffirm, indeed redouble,

We look at the current 6.2% unemployment rate relative to its “normal” level or NAIRU.

The number of loans to Owner-Occupiers (OOs) fell by 0.7% in September, to be 0.5% lower than a year ago.

The pair started this morning at $1.2480, above Friday’s US session high of $1.2470 seen after the payrolls data release.

The pair started the day at Y114.37, well above Friday’s post-payrolls low of Y114.25 and

There is a popular perception that the Bank will use this Wednesday’s FSR to announce the removal of its loan-to-value-ratio (LVR) restrictions.

Three key developments have informed our latest thinking: the recent commodity price down turn,

The NZD/USD closed the week higher, at 0.7750, after theUSD weakened in response to the US labour market report.