Tag Archives: GBP/USD

GBP/USD Analysis

The pair closed in NY Friday at $1.6288, just off its corrective pullback low of $1.6287 after rate had pulled back

Recent failures ahead of $1.3000 last week resulted in fresh lows with bulls now needing a close above

The NZD lost ground against the USD on Friday night along with all its peers, weakening by 0.3% to 0.8130.

It seems that the markets are up for a major test, as the USD approaches multi-year resistance levels…will it?

U.S. Review FOMC Meeting Does Little to Change Our Outlook • The Fed lowered its projections for GDP and unemployment slightly,

Sterling traders adjust strategy after “no” victory The Scotland says “no” to independence, hence the 307-year-old union remains intact.

Sterling halted at a major confluence of resistance and can now resume lower to 1.60 (at a minimum).

The market continues to digest this week’s events. Into today’s open the USD is strong,

EUR/USD remains capped by the short-termdeclining trendline and the hourly resistance at1.2988 (05/09/2014 high).

Today’s highlights: EURGBP continues its decline and we stay bearish here for

As early results trickled in that the Scottish referendum favored a No vote, most Asian equity markets rallied.

EUR/USD has currently found support ahead of the recent 2014 low with the bounce seeing the pair heading back