Post Tagged with: "Nationwide HPI"

GBP/USD Outlook Mar 31-Apr 4

GBP/USD reversed directions last week, gaining 140 points. The pair closed the week at 1.6636. This week’s highlights are the PMI releases. Here is an outlook for the main events moving the pound, and an updated technical analysis for GBP/USD.

US Unemployment Claims and GDP looked solid last week, but housing numbers failed to meet expectations. In the UK, CPI continues to lose ground but Retail Sales was very sharp and helped push the pound higher.

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GBP/USD Outlook March 24-28

GBP/USD Outlook March 24-28

GBP/USD lost ground throughout the week, dropping about 160 points. The pair closed the week slightly below the 1.65 line. This week’s highlights are CPI, Retail Sales and Current Account. Here is an outlook for the main events moving the pound, and an updated technical analysis for GBP/USD. British Claimant Count Change looked sharp but it wasn’t enough to [&hellip

GBP/USD Outlook Feb. 24-28

GBP/USD Outlook Feb. 24-28

GBP/USD reversed directions last week, shedding about 150 points. The pair closed the week slightly above the 1.66 line. This week’s highlight is Second Estimate GDP. Here is an outlook for the main events moving the pound, and an updated technical analysis for GBP/USD. British CPI came in just under the 2.0% inflation and Claimant Count Change continues to [&hellip

GBP/USD Outlook Jan. 27-31

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 [&hellip

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

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