Tag Archives: GBP/USD
FX Daily Majors
Today’s highlights: GBPUSD holds in a high level range just below 1.6822/43. However, we stay bullish for a break higher to 1.6875, then the 1.7044 peak.
Daily Technical Report
EUR/USD has thus far unable to catch a properbid the mid-term uptrend defines. Therefore, inthe short term is moving within a falling channel. An hourly support is at 1.3780 (09/04/2014 low,see also the low of the declining channel).
The Global Macro Pulse
The dollar is broadly stronger today except against the AUD. AUDUSD has risen to 0.9352. However, EURUSD has dipped to 1.3796 and USDJPY is up at 102.64.
USD/JPY offers likely at 102.75-103.10
EUR/USD: The short-term picture remains mixed. A weekly mid-bodypoint at 1.3790 is tested. If it holds and the pair is againlifted over 1.3865, recent peaks at 1.3906 & 1.3967 wouldbecome exposed again.
UBS Morning Adviser
Rates are helpful in places, not as hurtful in others As bumpy as the road may be, there is a realisation that the majority of G10 economies are well on the mend.
GBP/USD Analysis
The pair closed in NY Monday at $1.6793 after rate was pressed back from intraday highs of $1.6817 to $1.6790, the move trailing the heavier pressure on euro-dollar,
Daily Market Technicals
EUR/USD continues to find support ahead of $1.3779 with bears needing a close below to confirm a break of the 21-DMA and see focus shift to the $1.3676-1.3722 region where key moving averages and
Daily FX Update
A quiet start to a busy week that will see 150 of the S&P companies reporting earnings, global PMIs, inflation data from Australia, the RBNZ rate announcement and ongoing risk stemming from Ukraine.
Daily Market Technicals
EUR/USD continues to find support ahead of the 21-DMA with bears needing a close below $1.3779 to confirm a break of the 21-DMA and see immediate focus shift to the $1.3676-1.3722 region where key moving averages and
GBP/USD Analysis
With most centres closed for Good Friday market volumes remained light with currency pairs tied to narrow range trade. Cable closed at $1.6790, euro-sterling at stg0.8226.
Weekly Economic & Financial Commentary
U.S. Review Signals of Stronger Economic Growth Return · Retail sales for March climbed 1.1 percent following an upwardly revised 0.7 percent reading for February, signaling that consumer spending was not as soft as first expected to start the year.