Tag Archives: GBP/USD

GBP/USD Technical Analysis

(1,5604) The CABLE formed a negative day reversal after a 1,5660 overshooting. A daily closing below 1,5570 will confirm a s/t top suggesting a return toward the 200 days line at 1,5496!

UBS Morning Adviser

A New BRICS Wall? Perhaps a pure coincidence, but just when Draghi was being questioned about a coordinated G10 response to any crisis in Emerging Markets,

Daily Market Technicals

EUR/USD retested support to close below the key 38.2% and then the 200-DMA also – initial res at $1.3148, but bears found support just above 50.0% of $1.2755-1.3452,

The Global Macro Pulse

Asian stocks were flat to slightly higher ahead of a busy economic calendar. Sensex rallied more than 2% on the open,

FX Daily Majors

Today’s highlights: – USDCHF is breaking above key resistance at .9395/97 to establish its expected base, and we stay bullish for .9520/35, then .9647.

GBP/USD Technical Analysis

(1,5605) The CABLE confirmed a strong closing climbing above 1,56 and suggesting a possible extension even toward the 1,5720 area.

UBS Morning Adviser

Another Victim of A Strong AUD Even though the Australian dollar has seen a mini-rebound over the past 48 hours,

Daily Market Technicals

EUR/USD closed back above the key 38.2% level and now holds just above the 55-DMA, seen at $1.3188. Below here next support is the daily Bolli band base and

Daily FX Wrap and Strategy

The NZD has been the strongest performing currency over the past 24 hours. The NZD/USD has rocketed around a cent higher to 0.7910 while the NZD/JPY has soared from 77.60 to almost 79.00.

GBPUSD – uptrend intact above critical support at 1.5515

Although trends are positive, major overhead resistance and a bearish Elliott count threaten the GBP rally.

Daily FX Update

USD EXPECTED TO RALLY IN SEPTEMBER ● USD is mixed – growth currencies strong; the other majors & EM weak.

US Morning Update

Major Overnight Headlines • UK services PMI at 60.5; Euro Area Composite PMI falls to 51.5 from 51.7 at final pass in August