Tag Archives: GBP/USD
Daily FX Update
Markets are entering December on a cautious tone. China’s PMI provided little comfort,
Still falling commodities. EUR/SEK to break 9.3050
EURUSD: It still remains unclear whether wave 5 is in place or if there’s one
Daily Market Technicals
The falling daily trend line ($1.2514) off the Oct monthly highs confirmed significance last week with it capping rallies and pressure having returned to initial support as a result.
GBP/USD Analysis
Month-end related flow saw EUR/GBP recover off European session lows of stg0.7913 to stg0.7970 on Friday.
Daily Technical Report
EUR/USD continues to move within the horizontal range between the support at 1.2358 and
Daily Market Technicals
The falling daily trend line ($1.2514) off the Oct monthly highs continues to confirm its significance with it again having capped rallies and pressure having returned to initial support as a result.
GBP/USD Analysis
A short squeeze to $1.5826 in early European trade Thursday encountered strong supply with