Tag Archives: GBP/USD
GBP/USD Analysis
The pair closed in NY Wednesday at $1.6455 after rate had dipped back to $1.6400 on release of stronger than expected US ADP jobs data before bouncing back to
Daily FX Wrap and Strategy
The NZD/USD has traded a 0.8270 to 0.8320 range over the past 24-hours, returning to sit at a similar level to yesterday morning. It trades at 0.8280 at present, ahead of the release of the December US Federal Reserve Minutes (8am NZT).
Daily FX Update
The USD is strong leading into the ADP employmentreport and Fed minutes. Christine Lagarde suggestion that the IMF willbe revising its global growth forecasts higher from the current 3.6% in2014 did little to support markets.
Daily Technical Report
EUR/USD has broken the support at 1.3621(06/12/2013 low). Coupled with the falsebreakout of the key resistance area between1.3811 (11/12/2013 high) and 1.3832, a doubletopis likely underway.
Daily Market Technicals
EUR/USD holds above the 50.0% of $1.3296-1.3893 level at $1.3594 while bears continue to pressure the downside. A break below $1.3600 level should see bears test the key July support line at $1.3570,
GBP/USD Analysis
The pair closed in NY Tuesday at $1.6403 after rate recovered from a NY session low of $1.6374 to $1.6438 before it drifted off into the close.
Daily FX Update
Markets are mixed with stronger equities, US 10‐years at 2.96% and a mixed USD. Today’s trade data and two non‐voting dovish Fed speakers
Daily Technical Report
EUR/USD has broken the support at 1.3621(06/12/2013 low). Coupled with the falsebreakout of the key resistance area between1.3811 (11/12/2013 high) and 1.3832, a doubletopis likely underway.
Sell EUR & GBP into a fading near-term rally
EUR/USD: Support at the lower end of the “Cloud” was noted andrespected yesterday. The net bullish candle as a resultpoints “up-before-down”.
UBS Morning Adviser
Eurozone improvement is an opportunity and a threat As periphery yields continue to decline, Eurozone-exposed economies such as the Nordics and
Daily Market Technicals
EUR/USD bounced from just above the July support line at $1.3563 and key support. Bears look to test this level while daily studies slide, however we note momentum is turning higher on daily and weekly charts.
GBP/USD Analysis
The pair closed in NY Monday at $1.6402 after rate had managed to recover off a traded low of $1.6337 (soft UK svcs PMI release) to $1.6434 in the NY session,