Post Tagged with: "Nationwide HPI"

GBP/USD Outlook Jan. 27-31

GBP/USD posted modest gains last week. The pair climbed close to the 1.67 line last week, but was unable to consolidate at these levels and closed the week at 1.6477. This week’s highlight is Preliminary GDP. Here is an outlook for the main events moving the pound, and an updated technical analysis for GBP/USD.

US Unemployment Claims enjoyed another good week, beating the estimate. The pound shot up in mid-week as the British Unemployment Rate dropped to 7.1%, fuelling speculation about an interest rate hike.

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GBP/USD Outlook Dec.30-Jan.3

GBP/USD Outlook Dec.30-Jan.3

GBP/USD made the most of low liquidity in holiday markets last week, gaining about 150 points. The pair closed at 1.6476. This week’s highlights are Manufacturing and Construction PMIs. Here is an outlook for the main events moving the pound, and an updated technical analysis for GBP/USD. The pound managed to post sharp gains last week despite strong US [&hellip

GBP/USD Outlook Nov. 25-29

GBP/USD Outlook Nov. 25-29

GBP/USD continues to rally, and gained about 100 points last week. The pair closed slightly over the 1.62 level. This week’s key releases are the Inflation Report hearings and Second Estimate GDP. Here is an outlook for the main events moving the pound, and an updated technical analysis for GBP/USD. The pound got a boost late in the week from a [&hellip

GBP/USD Outlook Oct. 28 – Nov. 1

GBP/USD Outlook Oct. 28 – Nov. 1

GBP/USD was almost unchanged last week, as the pair closed the week at 1.6161. This week’s highlight is Manufacturing PMI. Here is an outlook of the events and an updated technical analysis for GBP/USD. US employment and manufacturing numbers disappointed last week, but the dollar held its ground against the pound. GBP/USD graph with support [&hellip

GBP/USD Outlook September 23-27

GBP/USD Outlook September 23-27

GBP/USD gained over two cents in mid-week, but gave up much of these gains by week’s end. The pair ended the week just above the key 1.60 level, at 1.6005. This week’s key event is Current Account. Here is an outlook of the events and an updated technical analysis for GBP/USD. The pound posted very strong [&hellip

Forex Daily Outlook August 29 2013

Forex Daily Outlook August 29 2013

Unemployment Claims in the US and Nationwide HPI in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly indicator to value the unemployment insurance for the first time, 330K is due from 336K on the last time. Later in the US, Prelim Gross Domestic Product (GDP), [&hellip

GBP/USD Outlook August 26-30

GBP/USD Outlook August 26-30

GBP/USD started the week with gains, but ended the week with modest losses. The pair closed the week at 1.5563. The upcoming week has just five events on the schedule. Here is an outlook of the events and an updated technical analysis for GBP/USD. The UK posted solid manufacturing and GDP data last week, but the pound failed [&hellip

Forex Daily Outlook August 1 2013

Forex Daily Outlook August 1 2013

ISM Manufacturing PMI in the US and MPC Rate Statement in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly indicator to value the individuals that filed for unemployment insurance for the first time, rise of 3K is due up to 346K now. Later in the [&hellip

GBP/USD Outlook July 29-August 2

GBP/USD Outlook July 29-August 2

The pound continues to move upwards, as GBP/USD climbed almost 100 points on the week. The pair closed the week at 1.5380. This week is quite busy, with 10 events on the calendar. Here is an outlook of the events and an updated technical analysis for GBP/USD. The pound got a boost from British GDP, which posted a nice [&hellip

GBP/USD Outlook July 1-5

GBP/USD Outlook July 1-5

The US dollar continued to chip away at the pound last week, as GBP/USD dropped close to two cents. This week’s major events include PMIs and the Official Bank Rate, the first from new BOE Governor Mark Carney. Here is an outlook of the events and an updated technical analysis for GBP/USD. It was a gloomy week in [&hellip