Tag Archives: GBP/USD
FX Daily Majors
Today’s highlights: EURUSD stays bearish for 1.3513/03, and ideally key support at 1.3487/77. Below here can confirm the expected large bear “wedge”.
The Global Macro Pulse
The USD started the week on a stronger footing as the US 10y yield opened 1.6bps higher to 2.656%.
Daily Market Technicals
Layers of resistance have built up on the hourlies in the $1.3638-1.3700 region with bulls needing to see a close above $1.3700 to confirm a break of the 55 & 200-DMA’s.
GBP/USD Analysis
The pair closed Friday at $1.7160 after rate had retested recent highs at $1.7180 (68-mth high), before it retreated to $1.7132.
Weekly Report
Traders continue betting on lower RBA rates before the year-end The RBA kept its cash rate unchanged at the historical low of 2.50% as widely expected.
FX Daily Majors
Today’s highlights: EURGBP should be allowed to hold .7913 at first, ahead of a move to our core medium-term target at .7800.
Daily FX Update
A U.S. holiday leaves expectations for the NA session as notably quiet. Yesterday’s strong employment release from
The Global Macro Pulse
The dollar has drifted against the major currencies with AUDUSD up a touch to 0.9360,
UBS Morning Adviser
RBI exchanging onshore gold for international gold should boost INR stability On Wednesday the Reserve Bank of India (RBI) announced plans to swap domestic gold reserves with
Daily Market Technicals
Layers of resistance are now noted on the hourlies in the $1.3638-1.3700 region with bulls needing to see a close above $1.3700 to
GBP/USD Analysis
The pair closed in NY Thursday at $1.7155 after rate was able to recover off US NFP react lows of $1.7092,