Tag Archives: GBP

GBP Mid-day Analysis

In addition to lingering political fallout from the Scottish referendum,

A holiday has thinned the trade in the Pound today but the Pound might also

Like other currencies, the Pound is showing some corrective bounce this morning

Seeing UK GDP growth come in at just +0.7% failed to support the Pound which looks to

The Q3 GDP growth was revised downwards to 2.6% from 3.0% y/y.

Recovery action in the Euro and Swiss seems to have undermined the Pound to start today.

USD bullish sentiment has softened, with today’s data marking the fourth consecutive week of a narrowed USD long position.

The Pound is drafting some support from overt weakness in the Euro, Swiss and Yen.

We think the Pound deserves a measure of short covering and at least a temporary return to

If we had to pick one currency to stand up to the volatility in the Dollar just ahead,

The Pound has not been able to benefit from the slide in the Dollar because

CPI came in at -0.3% m/m in November reducing the year on year figure by 0.3% points to 1.0% y/y.