Tag Archives: GBP/USD

GBP/USD Analysis

The pair closed in NY Thursday at $1.6833 after rate saw extended lows of $1.6824 as it reacted to release of stronger than forecast US weekly jobless claims,

Daily FX Update

Markets are relatively quiet leading into the ECB decision and press conference; however there remains an overall bias for USD strength.

Daily Technical Report

EUR/USD made a bullish intraday reversalyesterday (hammer). Coupled with the proximityof the key support at 1.3296,

FX Daily Majors

Today’s highlights: USDJPY ideally holds above price support at 101.78/70 to keep the immediate risk higher.

The Global Macro Pulse

AUD underperformed in Asia trading, down 0.6% to 0.928 on the back of a weak employment report.

Daily Market Technicals

The bounce from fresh 2014 and 9 month lows Wednesday has seen initial support develop on the hourlies at $1.3378 but

GBP/USD Analysis

The pair closed in NY at $1.6855 after rate had seen extended lows of $1.6821 earlier in the day on the back of weaker than forecast IP/Mfg data before

Daily FX Wrap and Strategy

The NZD/USD sits at a similar level to yesterday morning,at 0.8480, at present.

GBPUSD – downtrend extending towards 1.6750/20 support zone

This decline in Sterling from the highs is extending and clearly below long-term uptrends now.

Daily FX Update

Rising geopolitical risk, a dampened outlook for Europe, strong data from the U.S. and building expectations for

Daily Technical Report

EUR/USD has failed to break the hourlyresistance at 1.3444 (28/07/2014 high). Thesubsequent new (marginal) lows confirm anunderlying downtrend.

FX Daily Majors

Today’s highlights: NZDUSD has broken below key support at .8458/43 and we stay bearish for a challenge of .8402. Below here would complete a larger top towards .8259/42.