Tag Archives: GBP/USD

Weekly Economic & Financial Commentary

U.S. Review All the Rage is the Wage • Nonfarm payrolls sparked a few fireworks,

Daily FX Update

Leading into the U.S. holiday weekend markets are looking towards the ECB press conference and the release of U.S. employment for direction.

GBP/USD Technical Analysis

In Cable, Commerzbank it has a TD perfected set up on the 240 minute chart and a 13 count with TD resistance at 1.7205.

FX Daily Majors

Today’s highlights: AUDUSD falls sharply to leave the market crucially poised above its uptrend and price support at .9366/22.

Daily Technical Report

Fading within its rising channel. • EUR/USD has broken to the upside out of its horizontal range defined by 1.3503 and

The Global Macro Pulse

AUDUSD fell from 0.9435 to 0.9379 following RBA Governor Stevens’ statement that the AUD is significantly overvalued.

UBS Morning Adviser

Krona price action needs to move beyond a simple rate story With or without the approval of their neighbours,

Daily Market Technicals

Layers of resistance are starting to stack up on the hourly timeframe in the $1.3660-00 region with the 55-DMA noted at $1.3694.

GBP/USD Analysis

The pair closed in NY Wednesday at $1.7165 after rate saw extended highs of $1.7180 following release of stronger than forecast UK construction PMI data.

GBPUSD – wave-v of 5 targets confluence zone at 1.7230/40

Sterling consolidated as expected from the 1.7050 target; the a-b-c consolidation completed wave-4 and

GBP/USD daily– On the way towards 1.7332 and 1.7768

Having finally managed to break decisively above key-pivotal resistance 1.7044/49 (2009 high/2005 low)

Daily FX Update

The USD is mixed, repeating a familiar theme of a strong GBP and growth currencies but weak Europeans.