Tag Archives: GBP/USD
Daily Market Technicals
Recent bullish pressure resulted in a break and close above the 200-DMA on Monday with the ERU/USD now hesitating ahead
GBP/USD Analysis
The pair closed in NY Monday at $1.7106 after rate had been driven higher by end month demand which took it to extended highs
GBP/USD – Below 1.7063 the setback risk remains high
The market failed once more to break decisively above key-pivotal resistance 1.7044/49 (2009 high/2005 low) on
Daily FX Update
A slew of event risk in the next 12‐hours—with quarter‐end rebalancings, China’s PMIs, Japan’s Tankan and the RBA meeting have left markets vulnerable.
GBP/USD Technical Analysis
In GBP/USD, Commerzbank suspect that we will see major resistance at 1.7041/51 retested, these represent the 2009 high and the 2005 low.
The Global Macro Pulse
Consistent with the overall pro-risk tone, the dollar lost ground against Asian currencies.
FX Daily Majors
Today’s highlights: USDCAD spotlight remains firmly fixed on key medium-term support at 1.0650/00.
Daily Technical Report
EUR/USD continues to move towards the highof its horizontal range defined by 1.3503 and1.3677. Monitor the test of the hourly resistanceat 1.3644/1.3651.
UBS Morning Adviser
Adjusted Japanese core CPI decelerates, but energy prices up After adjusting for the effect of the April sales tax hike (subtracting 2.0% points from May CPI and
Daily Market Technicals
Pressure remains on last week’s highs to start the new week with the $1.3672-77 resistance region remaining key overall.
GBP/USD Analysis
The pair closed in NY Friday at $1.7035 after rate had been pressed back from earlier session highs of $1.7052 (Asia) to a low of $1.7007,
Daily FX Wrap and Strategy
The NZD was the only major currency not to strengthenrelative to the USD on Friday. It ended the week around0.8780.