Tag Archives: GBP/USD

GBP/USD Analysis

The pair closed in NY Tuesday at $1.6828 after rate had been able to recover off post UK GDP react lows of $1.6792 to $1.6848, the correction aided by the downside pressure on euro-sterling,

Daily FX Update

Market is favouring risk leading into the NA open, with strong equities and a weak USD; CAD is the star performer, up 0.5% since yesterday’s close.

FX Daily Majors

Today’s highlights: NZDUSD has fallen to key price and “neckline” support at .8536/14, beneath which would see the expected better top.

Daily Technical Report

EUR/USD’s decline from 1.3906 (11/04/2014high) has stopped around the 50% retracementmeasured from the low at 1.3673 (04/04/2014).

The Global Macro Pulse

The EUR has climbed steadily to 1.386, back near to its NY high of 1.388. USDJPY is flat at 102.5 with little onshore activity due to a public holiday.

USD & JPY are going through soft patches and scandies get a breather Tuesday

EUR/USD: With support at the high end of the Fibo adjusted short-term”Ichimoku cloud” an attempt above 1.3865 is made. A shortterm127.2% Fibo extension ref at

UBS Morning Adviser

Eurozone inflation release and its currency implications Falling inflation in Europe has become the primary focus in EUR as the market speculates potential ECB QE.

Daily Market Technicals

EUR/USD took out the $1.3863 resistance level Monday before giving back some ground and finding support on the hourly time frame at $1.3840.

GBP/USD Analysis

The pair closed in NY Monday at $1.6810 after rate had posted multi year highs at $1.6858 on the back of demand prompted by confirmation from US Pfizer of its interest to buy UK AstraZeneka.

Daily FX Wrap and Strategy

The NZD had underperformed its major peers over thepast 24-hours to sit at 0.8540 this morning.The NZD/USD paddled sideways yesterday during a quietday on the domestic data front.

Daily FX Update

Quiet start to what is likely to be very interesting week filled with data and central bank commentary. Markets are favouring risk on into the open, as equities are higher,

EUR/USD’s decline from 1.3906 (11/04/2014high) has stopped around the 50% retracementmeasured from the low at 1.3673 (04/04/2014). As a result, the short-term technical structure ispositive as long as the support at