The GBPJPY cross failed to capitalize on the recent recovery move beyond the key 1.3000 psychological mark and is now set for further weakness.
The rumors that the UK would stay in the customs union after Brexit has triggered a strong rebound in the Pound earlier today. How is the UK currency trading at the moment? This 17 May Sterling Trading Outlook summarizes the findings of Analysts at ADS Securities.
For 6th consecutive months in a row, Australia RBA Rate Decision Market Impact Analysis shows that the RBA Cash Rate has been maintained again at 1.50%.
Cable rises towards 1.6200 as dollar weakens, U.K Bank Rate and GDP data this week to cause Pound volatility.
Hawkish Services PMI gains more than expected as Cable rebounds from 1.561 low to form higher low towards previous support turned resistance 1.573
Weaker retail sales data out of the U.S yesterday as GBPUSD retracement sees resistance at 1.525
GBPUSD continues to rise and lies at Fibonacci Retracement 23.6% at 1.5478 ahead of BOE Governor Mark carney's speech
GBPUSD plunged towards 1.47 yesterday with candles now finding support at Fibonacci Retracement -10.0% where we may see a continuation of the bearish run
GBPUSD continues to fall after candles failed to close back above the 200 EMA on the daily chart
BNPP has provided its outlook for GBP and AUD, as BOE becomes more hawkish while preparing for a rate hike and Australian dollar has hit its six-years low...
The policy-divergence trade staged a comeback for USD. The following are Credit Agricole weekly FX highlights and commentary on global central banks
UK powerhouse is facing a declining growth in its economy with today's UK services PMI falling near 3 year low at 52.7, resulting in GBPUSD and EURGBP pop
After positive data releases from China, focus turns to US data. What are the trade opportunities that have emerged? Learn from today's forex trading tips.
Bank of England will release important data later today, thus AtoZForex presents to you the Major Banks BoE Super Thursday views. What do you need to know?
14 December Daily Forex trading tips, with markets focused on FOMC. Analysts expect an increased rate hike, however, have markets already priced this in? Expect very little USD movement? Will the markets continue with GBP being bullish?
Tuesday 21 March UOB Daily Forex Trade ideas, with UK PM Theresa May expected to formally trigger Article 50 and commence the BREXIT process on 29th May 2017. This brings GBP back into focus of the traders, with UK inflation data expected to show a rise today. What will BoE Governor Mark Carney share today? GBP bearish?
Monday 15 May UOB Daily Forex Trade ideas after the G7 meeting, Macron takes charge, will he be able to deliver where Hollande failed? Markets will be watching all developments, as Merkel gets a boost of confidence in her own country. EUR bullish?
Pound rebounds ahead of Scottish Referendum decision
Cable remains uncertain at 1.6000 as Bank Rate announcements are not expected to change tomorrow.
GBP/AUD has shown extreme bullish bias for the past five weeks as it soared about 1260 pips from mid November till date therefore I will be looking to buy further