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GBP/USD: Trading the British Preliminary GDP

GBP/USD: Trading the British Preliminary GDP

Jan 26, 2015 11:16
British Preliminary Gross Domestic Product (GDP) is a key release and is published each quarter. GDP measures production and growth of the economy, and is considered by analysts...

Majors»

GBP/USD Forecast Jan.  26-30 2015

GBP/USD Forecast Jan. 26-30 2015

Jan 25, 2015 19:01
The British pound sustained sharp losses last week, as GBP/USD closed the week below the 1.50 level. This was the first time the pair has slipped below this symbolic level...
  • EUR/USD Forecast Jan. 26-30 2015
    EUR/USD Forecast Jan. 26-30 2015
    EUR/USD had one of its worst weeks, collapsing by nearly 400 pips in total on the massive QE decision. The pair...
    on Jan 24, 2015 15:45
  • Forex Weekly Outlook Jan. 26-30
    Forex Weekly Outlook Jan. 26-30
    The US dollar was in full control and the euro was the big loser in an exciting week of trading. There is not much...
    on Jan 24, 2015 08:01
  • GBP/USD Forecast January 19-23 2015
    GBP/USD Forecast January 19-23 2015
    The British pound showed strong movement in both directions, but GBP/USD closed the week almost unchanged. The...
    on Jan 18, 2015 20:43

Minors»

NZD/USD Forecast Jan. 26-30 2015

NZD/USD Forecast Jan. 26-30 2015

Jan 25, 2015 19:00
The New Zealand dollar had a terrible week, falling to multi-year lows on weak inflation and a stronger US dollar.After the pair finally broke out of range, is it set to...
  • USD/JPY Forecast Jan. 26-30
    USD/JPY Forecast Jan. 26-30
    Despite the turmoil in the currency markets last week, USD/JPY was unchanged last week, closing at 117.73. There...
    on Jan 25, 2015 18:16
  • AUD/USD Forecast January 26-30 2015
    AUD/USD Forecast January 26-30 2015
    AUD/USD tumbled over 300 points last week, as the pair closed below the 0.80 line, its lowest level since July...
    on Jan 25, 2015 15:58
  • USD/CAD Forecast Jan. 26-30
    USD/CAD Forecast Jan. 26-30
    The Canadian dollar was in free-fall lost week, falling a remarkable 450 points. USD/CAD closed the week at 1.2411,...
    on Jan 25, 2015 13:22

Basics & Industry»

Fxstreetoption.com is NOT related to FXStreet – traders beware!

Fxstreetoption.com is NOT related to FXStreet – traders beware!

Jan 26, 2015 15:42
A website called FXstreetoption  has nothing to do with FXStreet.com. Evidence is mounting regarding the malpractices of the firm and the abuse of FXStreet’s reputation Here...

Recent Articles

Greek PM Alexis Tsipras is met with a calmer euro

Greek PM Alexis Tsipras is met with a calmer euro

Greek Prime Minister Alexis Tsipras has lots of work ahead of him upon entering office and will be judged by his voters, European partners and the markets. At least on his first day on the job, the euro is on its way up. It may be a “buy the rumor, sell the fact” reaction for now

EURUSD pullback could create sell opportunity; GBPUSD set for short-term rally: Elliott Wave Analysis

EURUSD pullback could create sell opportunity; GBPUSD set for short-term rally: Elliott Wave Analysis

USD was higher in Asian session against the EUR following Greek votes results on speculation on a possible Greek exit from the Euro zone. EURUSD fell to a new low but not for long as the price is now already above that open gap. However, the bigger trend is still down on EURUSD, so we

Fxstreetoption.com is NOT related to FXStreet – traders beware!

Fxstreetoption.com is NOT related to FXStreet – traders beware!

A website called FXstreetoption  has nothing to do with FXStreet.com. Evidence is mounting regarding the malpractices of the firm and the abuse of FXStreet’s reputation Here is more information from FXStreet’s publication: A website called FXstreetoption.com has plagerised the name of “fxstreet” to enhance its credibility and mislead people: this binary options is has NOTHING TO DO

Greece Takes Center Stage as Syriza Cruises to Victory

Greece Takes Center Stage as Syriza Cruises to Victory

While headlines throughout financial publications over the last two weeks have been squarely focused on monetary policy decisions of central banks and how they will shape the global economic landscape, political uncertainty in Greece was back on the agenda over the weekend, with the outcome of the elections garnering the attention of financial market participants. 

Stay Short EUR/USD targeting 1.1050, then 1.0765 – Barclays Trade Of The Week

Stay Short EUR/USD targeting 1.1050, then 1.0765 – Barclays Trade Of The Week

The ECB’s QE announcement and the Greek elections are behind us. The euro has fallen quite a bit so far this month. Yet also for the last week of January, the team at Barclays sees further room to the downside. Here are the explanations and the chart: Here is their view, courtesy of eFXnews: Currency investors should

Australian dollar headed for further falls

Australian dollar headed for further falls

The Australian dollar came under pressure from many sides last week, especially after a unexpected  move by the Bank of Canada to cut interest rates and the size of the ECB stimulus plan that was much larger than most analysts expected. The Bank of Canada last week, in a surprise move to the market slashed

GBP/USD: Trading the British Preliminary GDP

GBP/USD: Trading the British Preliminary GDP

British Preliminary Gross Domestic Product (GDP) is a key release and is published each quarter. GDP measures production and growth of the economy, and is considered by analysts as one the most important indicators of economic activity. Preliminary GDP is the first version of the indicator and tends to have the most impact. A reading which is

Sell AUD on rallies – Credit Agricole

Sell AUD on rallies – Credit Agricole

The Australian dollar trades below 80 cents against the US dollar. Does it have more room to fall or can it recover? The team at Credit Agricole explain against which currencies the Aussie is a sell: Here is their view, courtesy of eFXnews: Regardless of improved risk sentiment we expect the AUD to remain a sell on

EURUSD, GBPUSD, USDJPY Pivot Points, TA – Jan. 26 2015

EURUSD, GBPUSD, USDJPY Pivot Points, TA – Jan. 26 2015

EURUSD Daily Pivots R3 1.1609 R2 1.1491 R1 1.135 Pivot 1.1232 S1 1.1090 S2 1.0972 S3 1.0831   EURUSD dipped lower below 1.14 as noted in Friday’s analysis. With the weekend Gap now being filled, EURUSD could continue to dip further with the falling trend line likely to come in as the only support level.

German IFO Business Climate rises to 106.7 – EUR/USD remains above 1.12

German IFO Business Climate rises to 106.7 – EUR/USD remains above 1.12

German businesses remain upbeat in January: Germany’s no. 1 think tank shows a stronger than expected advance in confidence: 106.7 points. Also the current assessment component is up from 110 to 11.7, better than predicted. Only the expectations component falls short of expectations: it advanced from 101.1 to 102, slightly below expectations. EUR/USD remains around 1.1225.