Tag Archives: GBP

GBP Mid-day Analysis

The Pound has restarted its downward motion on its charts in the wake of a dampening BOE inflation/wage outlook.

GBP Mid-day Analysis

The downside track in the Pound has lost momentum and seeing the September Pound respect the recent consolidation low zone of

GBP Mid-day Analysis

The slow grind lower in the Pound looks to extend in the wake of positive US economic readings fromlast week and

Leveraged Funds Positioning Data

Leveraged funds saw the biggest weekly increase in net long USD positioning since February 2013.

The Week Ahead in FX

In the week ahead, investors will be continuing to monitor geopolitical risk, while preliminary data on second quarter growth from

Weekly CFTC Trader Positioning Data

• The market is shifting to an increasingly bullish view of the USD; with the net USD position rising to $26bn

GBP Mid-day Analysis

A fresh downside breakout in the Pound and the lowest trade since mid-June would seem to leave the bear camp in

GBP Mid-day Analysis

Like most currencies, the near term path of least resistance remains down in the Pound.

GBP Mid-day Analysis

A reversal of fortune on the charts, combines with discouraging UK Factory orders results overnight and

GBP Mid-day Analysis

The UK saw a stronger than expected July Services PMI result this morning and

GBP Mid-day Analysis

Diminished hope of a quick rise in interest rates continues to pressure the Pound.

Pound’s pay problem may not go away

Nothing is more important for the Bank of England right now than wages. The unemployment rate has reached the top end of