Pound Jumps on Jobs – Breaks Major Resistance
The number of unemployed Brits fell dramatically – this unexpected improvement sent the Pound higher, sent the Pound above a major resistance line. Will this hold? A big test for GBP/USD – it could mark a long term turnaround.
Claimant Count Change is the earliest and most important employment indicator in Britain. It reflects the number [...]
Forex Daily Outlook – January 20th 2010
Another busy day is awaiting us: American Building Permits and British employment numbers are the highlights. Let’s see what’s up for today.
Note the journey down of EUR/GBP, which moves by strong British figures and weak European ones.
Arabic version of this post
British Pound Forecast – December 7-11
Looking for the latest outlook, for the current week? Check out the section: GBP/USD Forecast
The Pound suffered from week data and the American NFP. The upcoming week is very busy for the Pound, with a rate decision in the limelight. Here’s an outlook for the 10 events that await the Pound, and an updated technical [...]
Forex Daily Outlook – December 2nd 2009
After a busy day that included unexpected events, today is more calm. ADP Non-Farm Payrolls stand out. Will the dollar continue the decline? Let’s see what’s up for today:
In Britain, MPC member Spencer Dale will make a public appearance, and might hint something about next week’s rate decision. Later, Construction PMI is expected to remain [...]
Forex Daily Outlook – December 1st 2009
Forex markets are still digesting the Dubai crisis as lots of indicators pour in. A big day awaits forex traders: a rate decision in Australia, GDP in Switzerland and Pending Home Sales are only a small portion of the events today. Let’s see what’s on the crowded calendar:
Australian Building Approvals start the day with an [...]
GBP/USD Forecast – November 30 – December 4
Looking for the latest outlook, for the current week? Check out the section: GBP/USD Forecast
A roller coaster week, with a 470 pips trading range ended with the Pound remaining almost unchanged. Purchasing managers’ indices and housing figures are due this week. Will the Pound decide where it’s going? Here’s a weekly outlook for 10 events [...]
British Pound Outlook – November 16-20
Looking for the latest outlook, for the current week? Check out the section: GBP/USD Forecast
After a roller coaster week, lots of figures await traders of the British Pound: retail sales, consumer price index and the MPC meeting minutes stand out. Here’s an outlook for a busy week of events for the Pound, and an updated [...]
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