Tag Archives: GBP/USD
GBP/USD Analysis
The pair closed in NY Tuesday at $1.6386 after rate had eased off an intraday high of $1.6437. Cable had recovered earlier in the day, extending its correction off Monday lows of $1.6343,
Daily Technical Report
EUR/USD’s rise is still viewed as a short-termrebound. A break of the support at 1.3490 (seealso the rising trendline) is needed to confirm aresumption of the selling pressures.
FX Daily Majors
Today’s highlights: * EURUSD has been capped by the 1.3627 61.8% retracement of the October/November barrier.
The Global Macro Pulse
The dollar was stable against the EUR in Asia at 1.3536, but has rallied against most other currencies. AUDUSD has fallen to 0.9067 and USDJPY has risen to 103.34.
UBS Morning Adviser
Currency Rebalancing Games Out of the AAA central banks, Norges, the RBA and BoC all meet this week.
Bearish EUR/USD & GBP/USD prints, SEK looks exposed again & CAD weaker
EUR/USD: Yesterday’s candle adds confidence to a correctional phasepassed its peak. Exiting the lower end of the ascending55day moving average band would enhance a bearishstance.
Daily Market Technicals
EUR/USD fades from support around the daily Bolli band top and 61.8% of $1.3832-1.3296 at $1.3627 – the pair descended through the channel base and
GBP/USD Analysis
The pair closed in NY Monday at $1.6356 after rate had pulled back from an earlier session high of $1.6443 (seen in Asia), getting a slight lift back on release of stronger than expected UK mfg PMI data,
Daily FX Wrap and Strategy
Reversing its trend from last week, the NZD was the strongest performing currency over the past 24 hours.
US dollar set to strengthen in the short-term
USD: under pressure because of the Fed As expected, the US dollar failed to appreciate in a week shortened by the Thanksgiving celebration and bereft of any major economic statistics.
Daily Technical Report
EUR/USD’s rise is still viewed as a short-termrebound. Monitor the test of the resistances areadefined by the 61.8% retracement at 1.3627 and1.3651 (21/10/2013 low).
FX Daily Majors
Today’s highlights: * GBPUSD breaks to a new high for the year, and we look for further strength to 1.6619.