Tag Archives: GBP
GBP Mid-day Analysis
A pattern of lower lows has been extended overnight and that isn’t surprising in the wake of slightlydiscouraging Chinese and Euro zone data.
The Week Ahead in FX
In the coming week, investors will be looking ahead to U.S. data from the housing sector, as well as reports on consumer confidence and durable goods.
GBP Mid-day Analysis
The Pound has come under consistent pressure this week because of waning global optimism. With thesharp run up in the Pound in early February,
GBP Mid-day Analysis
So far, the Pound hasn’t been able to throw off a negative track on the charts and that is largely theresult of the compacted jump in the Dollar.
GBP Mid-day Analysis
The Pound has seen favorable economic news overnight from the UK employment front, as joblessclaims fell by 34,600 and earnings growth accelerated.
GBP Mid-day Analysis
The Pound has given ground over the last two weeks off the threat of a let down in the global recoverytrack. However, the June Pound appears to have found some support around the 1.6603 level of late and
The Week Ahead in FX
In the week ahead, investors will be looking ahead to Wednesday’s monetary policy announcement by the Federal Reserve. The bank is also to publish its economic forecasts.
Weekly CFTC Trader Positioning Data
Sentiment shifts this week largely reflect the impact of investors’reactions to recent central bank & policy-related developmentsgiven that currencies had remained relatively quiet headinginto Tuesday’s position date.
GBP Mid-day Analysis
The Pound remains vulnerable to more long liquidation even though UK January Construction outputrose sharply. Clearly the Pound is being dragged downward off big picture slowing fears from China and Crimea.
GBP Mid-day Analysis
In a surprise shift the Pound has managed to throw off its recent pattern of weakness and it hasmanaged that action in the wake of slack Chinese data.
Sterling washout due, inflation the next clue
A short-term sell-off in sterling shouldn’t come as a surprise. The trinity ofpositioning, flow and data suggest this to be on the cards.
GBP Mid-day Analysis
Into the early February highs the Pound appeared to be priced for perfection. While macro economicviews toward the US have improved recently, sentiment toward China and