Tag Archives: GBP/USD

Daily FX Wrap and Strategy

The NZD has been the strongest performer over the past 24-hours.

EUR/USD has moved out of its short-termdeclining channel, suggesting a potentialextension of the current rebound.

Today’s highlights: US$ TWI has achieved our 94.4/95.1 first core bull target and

The pair closed in Tuesday’s North American thinned session at $1.5919 after

Tuesday’s bounce has again failed to break the sequence of lower daily highs with bulls continuing to

EUR/USD remains within its short-termdeclining channel, indicating persistent sellingpressures.

Today’s highlights: US$ TWI has achieved our 94.4/95.1 first core target

The pair closed in NY Monday at $1.5844, just off its intraday low of $1.5841,

Risk aversion has been dampened, equities are strong, the U.S. 10year is stable at 2.29% and the USD is soft.

EUR/USD has rebounded after having posted2-year lows.

Today’s highlights: USDJPY is expected to retrace lower prior to the uptrend resuming,

The pair closed in NY Friday at $1.5869 after rate had recovered off an initial NFP react low of $1.5791 to $1.5887,