Tag Archives: GBP/USD
Daily Technical Report
EUR/USD has broken the hourly resistance at1.3602 (10/06/2014 high). A short-term risetowards the resistance at 1.3677 is expected (seealso the 38.2% retracement).
The Global Macro Pulse
The overnight dollar fall was sustained in Asia. AUDUSD is steady at 0.9403, EURUSD is 1.3590, and USDJPY is 101.92.
Eyes on EUR/NOK 8.20 and the NB Verdikt. EUR/USD tests resimtance.
EUR/USD remains stuck in the 1.3512\1.3588 range. USD/JPY is likely done correcting higher. This turns focus back on 101.72, 101.60 & 101.43.
UBS Morning Adviser
Prevailing Wisdom Unchallenged If their voting record is anything to go by, the three new faces on the FOMC failed to rock the boat overnight.
Daily Market Technicals
EUR/USD continues to drift towards the 21-DMA with bulls looking for a close above to confirm an easing of bearish pressure and see immediate focus shift to the $1.3666-77 region.
GBP/USD Analysis
The pair closed in NY Wednesday at $1.6990, euro-sterling at stg0.7995. In the European morning, cable slipped on release of BOE Minutes to
Credit Suisse: GBP View
The UK provides an encouraging template of the tradable opportunities that arrive where growth and/or inflation develops sustained momentum, notes Credit Suisse.
Daily FX Update
The market is quiet leading into today’s FOMC meeting. The USD is mixed with the best performer NZD, up 0.1% and the worst performer NOK, down 0.2%;
FX Daily Majors
Today’s highlights: USDJPY has completed a small base, and we look for strength back to 102.81/103.04.
Daily Technical Report
EUR/USD’s bullish intraday reversal on 5 Junehas created a key support at 1.3503. In the shortterm,prices are moving sideways near this level.
The Global Macro Pulse
The USD strengthened further in Asia trading but largely against EM Asia currencies. USDJPY inched higher to 102.21 but
Look for confirmation of a correctional low in GBP/USD
EUR/USD remains stuck in the 1.3512\1.3588 range. A correctional GBP/USD low is likely not far off, possibly already at 1.6938/22.