Tag Archives: GBP

GBP Mid-day Analysis

The Pound remains off balance despite news of a fairly strong 2nd quarter GDP result overnight and

GBP Mid-day Analysis

The outlook for the Pound remains bearish as a quasi-change and improvement in global macroeconomic fortunes has done nothing to

GBP Mid-day Analysis

The Pound remains in a weak downward track on the charts in the wake of suggestions from the BOEthat no rate hike timing is in place.

GBP Mid-day Analysis

The Pound continues to erode on the charts in the face of lackluster economic expectations for the Eurozone, Eastern Europe and Russia.

GBP View – BNP Paribas

BNP Paribas sees GBP regaining some momentum this week with the main focus remains on the July MPC minutes (Wednesday) and followed by retail sales (Thursday) and Q2 GDP (Friday).

GBP Mid-day Analysis

With residual geopolitical anxiety and weaker equities to start the new trading week, the Pound shouldremain in a profit taking bias.

Leveraged Funds Positioning Data

The USD was sold almost across the board in the week ending 15 July by leveraged funds.

The Week Ahead in FX

In the week ahead, the U.S. is to release what will be closely watched data on consumer prices, home sales and manufacturing orders.

Weekly CFTC Trader Positioning Data

• Expectations for growth stabilization from China and Fed Chair Yellen’s improved tone were likely the key drivers

FX Quant Fund Positioning Data

The most substantial change in the positions of the SG FX Enhanced Risk Premia strategy over the week has been the cut by around a third of the long NZD position.

GBP Mid-day Analysis

The Pound remains under a negative cloud from the discouraging geopolitical events this week.

GBP Mid-day Analysis

While the Pound showed some impressive recovery action on Tuesday, the inability to sustain near theJuly highs and