Tag Archives: GBP/USD
Daily Technical Report
EUR/USD has broken to the upside out of itshorizontal range defined by 1.3503 and 1.3677.The short-term bullish momentum is intact aslong as the hourly support at 1.3651 (previousresistance) holds.
FX Daily Majors
Today’s highlights: AUDUSD surges above .9463 to complete a bullish continuation pattern for .9584 – the 38.2% retracement of the entire 2011/2014 bear trend.
The Global Macro Pulse
G10 FX markets drifted sideways with EURUSD at 1.3677 and USDJPY up marginally to 101.62.
UBS Morning Adviser
Even before the FPC, housing momentum was fading but not priced by GBP After the Bank of England announced their recommendations for macro-prudential measures last week,
Daily Market Technicals
EUR/USD remained capped at the 55-DMA on Tuesday with it having dipped back to retest initial support at the 200-DMA as a result.
GBP/USD Analysis
The pair closed in NY Tuesday at $1.7151 after sterling was given an added boost by the release of stronger than forecast Mfg PMI data
GBP/USD – An extension to 1.7332 or to 1.7768 is indicated
Having finally managed to break decisively above key-pivotal resistance 1.7044/49 (2009 high/2005 low)
FX Daily Majors
Today’s highlights: GBPUSD has broken higher again to test trendline resistance at 1.7126, with our core target still at 1.7332.
Daily Technical Report
EUR/USD has broken to upside out of itshorizontal range defined by 1.3503 and 1.3677. The short-term bullish momentum is intact aslong as the hourly support at 1.3651 (previousresistance) holds.
The Global Macro Pulse
The pro-cyclical theme saw the dollar’s weakness extend, predominantly to the benefit of AUDUSD,
€ at/close to a potential turning point. SEK reaction.
EURUSD: The first step of yesterday’s outlined scenario, the move upto 1.3678/86, has been taken so now it remains to be seenwhether the second one,
UBS Morning Adviser
Compared to the RBA, the RBNZ has a bigger problem with valuations It is now well in the price of both the AUD and NZD that heading into