Tag Archives: GBP

GBP Mid-day Analysis

Even with generally positive UK growth results overnight, the Pound has continued to

With general broad based global slowing views in a front and center standing to start the new trading week,

In the week ahead, investors will be looking ahead to euro zone inflation data and

There have been no substantial changes in the aggregated positions since last week except for switching to small longs in Aussie and Kiwi.

• The USD bull trend is supported by a net long USD position of $35bn; however it is not broadly held and

In addition to technical damage on the charts that started on Wednesday,

The Pound has seen a technical reversal and failure overnight on the charts and

The Pound continues to claw out minor gains because of a lack of alternatives.

Like the rest of the currency markets, the Pound is seeing some broad based technical short covering action.

The Pound is winning be default and by ongoing “relief” from the referendum and

USD positioning was largely unchanged in the lead-up to the September 17 FOMC meeting.

In the week ahead, investors will be awaiting Tuesday’s data on euro zone private sector activity,