Tag Archives: GBP

The Old Lady snores, but sterling can roar

There are two questions for the market ahead of today’s Inflation Report.

While the Pound remains under pressure from the pro-Dollar tide,

Momentum has struggled to gain traction since the crisis but remain one of the oldest and time-tested strategies in FX.

The December Pound might be set to claw out a modest short covering bounce back toward down trend channel resistance of 1.5979.

In the week ahead, investors will be looking ahead to Friday’s report on third quarter growth from

The market continues to build its bullish USD position, drivingthe net position to a fresh high of $45.7bn;

The Pound made a brief move below the 1.5800 level in the wake of this morning’s UK Trade Balance data,

Like the Swiss and Euro, the trend in the Pound remains down and

Lingering damage on the Pound charts, ongoing favor toward the Dollar and

The Pound is lucky to have managed a bounce this morning in the face of

Of all the currencies, the Pound looks to have the best fundamental headline flow to start the new trading week.

While biggest long position of the SG FX Enhanced Risk Premia remains the dollar,