Tag Archives: GBP/USD
FX Daily Majors
Today’s highlights: EURUSD is weighing on the recent cycle low at 1.3433, and we stay bearish for a break lower to our 1.3248 target.
GBP/USD over 1.6825 would target 1.69. EUR/NOK buyers respond
EURUSD: Buyers keep responding. Yet another lower ‘shadow’ marks support below 1.3450 and
The Global Macro Pulse
The yen couldn’t sustain early gains after a smaller-than-expected decline in Q2 GDP and is now flat on the day at 102.29 to the dollar.
Daily Market Technicals
Recent topside failures ahead of the key $1.3445 resistance level have kept bearish hopes alive.
GBP/USD Analysis
The pair closed in NY Tuesday at $1.6813 after rate had extended its recovery, off early Europe lows of $1.6757, through the US session to a high of $1.6817.
Daily FX Update
Weaker German investor confidence, ongoing geopolitical risk and broad bearish shifts in FX technicals have all supported a stronger USD into the NA open.
Daily Technical Report
EUR/USD continues to hold at the lows. Theproximity of the key support at 1.3296, a shorttermrebound is likely.
FX Daily Majors
Today’s highlights: NZDUSD falls sharply overnight to leave the spotlight firmly on key support at .8402/.8395, below, which would complete a large top.
The Global Macro Pulse
The USD strengthened against the G10 in Asia. The NZDUSD was the main developed currency mover,
GBP/USD target May/June lows & NOK/SEK should extend gains
EURUSD: Mildly offered inside range. Will the short-term correctional divergence be enough to buck the trend or not?
Daily Market Technicals
Recent topside failures ahead of the key $1.3445 resistance level have seen bearish hopes tentatively reconfirmed.
GBP/USD Analysis
The pair closed in NY Monday at $1.6788 after rate had slowly recovered off its Friday lows of $1.6767 to $1.6796 through Monday.