Tag Archives: GBP/USD
GBP/USD – Another failure to break higher?
The market is making another attempt to break decisively above key-pivotal resistance 1.7044/49 (2009 high/2005 low) as minor Fib.-resistance at 1.7037 (minor 76.4 %) has already been penetrated.
Weekly Report
GBP has valid reasons to strengthen The UK’s semi-annual Financial Stability Report highlighted the risks behind UK’s high level of
Daily FX Update
Markets are favouring risk aversion, but most activity has been relatively muted. Equities are soft, the U.S. 10year yield is at 2.51% and the USD is mixed;
FX Daily Majors
Today’s highlights: USDJPY has broken 200-day average and price support at 101.70/61, and we look for weakness to extend towards 100.84/76.
Daily Technical Report
EUR/USD continues to move within thehorizontal range defined by 1.3503 and 1.3677.Yesterday weakness was met with buyinginterest.
The Global Macro Pulse
EURUSD and AUDUSD are a touch higher today, rising to 1.3627 and 0.9438 respectively.
UBS Morning Adviser
Downside risks are mounting Australian dollars bears – including ourselves – have been frustrated by
USD/JPY key support broken. A lurking SEK reaction?
EURUSD: Basically all intraday initiatives fails (spikes on both sides)and yesterday were no exception trying lower but
Daily Market Technicals
EUR/USD continues to hint at a retest of the 200-DMA following the bounce from Thursday’s lows below the 21-DMA ($1.3596).
GBP/USD Analysis
The pair closed in NY Thursday at $1.7026 after rate had seen highs of $1.7040 following the positive reaction to the release of BOE FPC
Daily FX Wrap and Strategy
The NZD sat atop the G10 leaderboard for the second dayrunning, as bulls sought a break higher. The NZD/USD is0.4% stronger at 0.8770.