Tag Archives: GBP/USD

GBP/USD Analysis

The pair closed in NY Wednesday at $1.6575 after rate failed to build on its show above $1.6600.

Equities at record highs, many bond yields at record lows and suppressed volatility are the focus.

EUR/USD made new lows yesterday,confirming persistent selling pressures.

Layers of resistance continue to develop as the EUR/USD works its way lower, again setting fresh 2014 and 11 month lows.

The pair closed in NY Tuesday at $1.6541, just off session lows of $1.6540, the low seen as the dollar recovered through the NY session.

Today’s highlights: EURUSD immediate risk stays lower for September’s low at 1.3104,

EUR/USD is trying to stabilise after its recentnew lows. However, the short-term technicalstructure is negative as long

The dollar weakened slightly in Asia. Although AUDUSD fell to 0.9298, possibly in partial response to

Fresh 2014/11 mth lows continue with bears initially focused on $1.3071-1.3101 where the falling daily channel base and

The pair closed in NY Monday at $1.6579 after rate drifted off a recovery high of $1.6599, having seen an opening low of $1.6501 in Asia.

The USD is strong, but most importantly the EUR is weak, having dropped to a fresh 11‐month low on

EUR/USD continues to move lower. The recentnew lows confirm persistent selling pressures.