Tag Archives: GBP/USD
Daily Market Technicals
EUR/USD remains just below 200-DMA while yesterday saw bears test support just below $1.3000 area but left another long lower shadow, adding pressure to the upside.
GBP/USD Analysis
The pair closed in NY Monday at $1.5099 after the European morning sell off had seen rate pressed to lows of $1.5028 before recovering back to
UBS Morning Adviser
Aussie RBA Minutes Boost Temporary The minutes of the Reserve Bank of Australia’s July meeting have given a modest boost to the Australian dollar,
Daily FX Update
USD FIRMS—CHINA’S GPD AS EXPECTED AT 7.5% Y/Y • USD is retracing some lost ground in a quiet start to the week.
US Morning Update
Major overnight headlines: • Chinese GDP rises 7.5% YoY in Q2, matching expectations; other June data mixed overall
FX G10/EM Morning Trader Views
EUR – Start of a busier week this week after the flush out of positioning wed/thurs killed momentum into end of friday.
GBP/USD Technical Analysis
(1,5089) The CABLE confirmed a negative closing but overall it remained interior the previous day’s range forming a new inside day
Daily Market Technicals
EUR/USD holds below initial res, seen at $1.3100 to $1.3115, all which capped Friday’s topside. Daily studies have slipped and may reverse lower,
GBP/USD Analysis
The pair closed in NY Friday at $1.5107 after rate had extended its corrective pullback off late Thursday highs of $1.5222 to $1.5076 before it settled around $1.5100 into the close.
UBS Morning Adviser
Yen: No Relief From Trade Balance • Sell yen on Japan’s ongoing trade deficit • The yen is still a sell even if the deficit returns to surplus
Daily FX Update
USD RALLIES AS GLOBAL GROWTH OUTLOOK SOFTENS • USD is broadly stronger, retracing some of its recent weakness.
US Morning Update
Major overnight headlines: • China’s finance minister signals government may accept growth below 7.0% annually,