Tag Archives: GBP/USD
Daily FX Wrap and Strategy
The NZD/USD has outperformed over the past 24-hours asglobal risk appetite has improved. The NZD/USD sits at0.8220 this morning.Yesterday afternoon the NZD/USD dipped to lows below0.8060.
Daily FX Update
Markets continue to show rolling areas of stress butnot rising contagion. Entering the NA open, FX vol is off its highs; after yesterday’s VIX (S&P volatility) rose to a fresh 7‐month high;
Daily Technical Report
EUR/USD has broken the support at 1.3508.Despite the current lack of follow-through, wefavour a bearish bias as long as prices remainbelow the resistance at 1.3573 (31/01/2013 high).
FX Daily Majors
Today’s highlights: USDJPY risks stay lower to a more important support zone at 100.09/99.25.
The Global Macro Pulse
FX price action has diverged from equities. AUDUSD has rallied 1.5% from its Asia open in response to the shift by the RBA to neutral from a bias to ease.
Daily Market Technicals
EUR/USD failed to retest the 61.8% at $1.3524 and continues to look bearish while daily/weekly studies slide. Bulls aim to retest Sept 6 support line at $1.3569,
UBS Morning Adviser
How good news is in the price? Our equity strategy team have already highlighted the
GBP/USD Analysis
The pair closed in NY Monday at $1.6307 after rate had extended its corrective pullback to $1.6291 with pressure on sterling through the day seen after the release of weaker than forecast UK mfg PMI data,
GBPUSD – major support zones below market surface at 1.6070 & 1.5900
Like Euro, both the weekly and daily trends have turned down in Sterling and prices are breaking below the July uptrend as well.
Daily FX Update
Markets are mixed into the NA open but the overarchingtheme is a weak USD. This is an important week with ChairYellen being sworn in today, but only speaking for the first time on February11th.
Daily Technical Report
EUR/USD has broken the support at 1.3508(see also the steeper rising trendline), openingthe way for a further decline towards the 200 daymoving average (around 1.3380).
FX Daily Majors
Today’s highlights: EURUSD’s break below 1.3507 signals a fresh bear leg to 1.3458 next then 1.3399/77.