Post Tagged with: "GBP/USD Technical Analysis"
GBP/USD Outlook December 5-9
The British pound enjoyed the optimism that came from the coordinated central bank action. Will it break even higher? The upcoming week is very busy, with the rate decision being the highlight. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. The housing sector is relatively stable: this was seen in
GBP/USD Outlook Nov. 28 – Dec. 2
The British pound couldn’t escape the European debt crisis, and the discussion about more QE in Britain. The upcoming week consists of two important PMIs among other figures. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. British bonds did enjoy the failed German bond auction, but this wasn’t enough to
GBP/USD Outlook November 21-25
The British pound suffered from higher unemployment and the European debt crisis and lost a lot of ground. A revision of Q3 GDP is the highlight of the week. Here is an outlook for the upcoming events and an updated technical analysis for GBP/USD. British inflation dropped to 5%, still far above the official target, but what’s
GBP/USD Outlook November 14-18
The British pound suffered from the European debt crisis, but an amazing comeback eventually sent it to a higher close. A very busy is ahead with inflation and employment figures in the limelight. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. Britain’s trade deficit leaped to almost 10 billion and
GBP/USD Outlook November 7-11
The British pound couldn’t escape the debt crisis in continental Europe and slid lower in an exciting week. The upcoming week is very busy, with the rate decision being the star of the show. Here is an outlook for the upcoming events and an updated technical analysis for GBP/USD. Britain enjoyed some nice growth in Q3, but
GBP/USD Outlook – Oct. 31 – Nov. 4
The British pound shared the fate of the euro, and enjoyed a very strong ride. The upcoming week is very busy, with the first release of Q3 GDP being the highlight. Here’s an outlook for the upcoming events, and an updated technical analysis for GBP/USD. The pound also enjoyed a relatively small current account deficit. This provided
Risk Trade Supports GBP/USD
Both Asian and European markets moved higher after positive sentiment seen at the close of the New York session on Friday. Despite a gap lower on Eur/Usd and Aud/usd at yesterdays open that appeared because of the “no real news from weekends EU summit”, pairs managed to recover on hopes that by Wednesday final decisions
GBP/USD Outlook – October 24-28
The British pound had an exciting week, with a final break higher. Many speeches and a few indicators are awaiting us in another busy week. Here is an outlook for the British events, and an updated technical analysis for GBP/USD. Headline inflation pierced the 5% mark. In the current environment, this only means more trouble for Britain,
GBP/USD Outlook – October 17-21
The British pound reached higher ground, although the ride was very bumpy. The upcoming week provides a view into the decision on QE2, inflation figures and more. Here is an outlook for the British events, and an updated technical analysis for GBP/USD. While the rise in jobless claims was smaller than expected, the unemployment situation remains very
GBP/USD Outlook – October 10-14
The British pound challenged recent lows, but managed to recover in a volatile week. Employment figures are the highlight of this week, among quite a few other events. Here is an outlook for these events, and an updated technical analysis for GBP/USD. The huge QE program introduced in the UK pounded the pound, that fell to levels