Post Tagged with: "Nationwide HPI"

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 gain of 0.6%. As well, US employment and manufacturing data disappointed, hurting the US dollar.

Read the rest of the article GBP/USD Outlook July 29-August 2
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

Forex Daily Outlook June 27 2013

Forex Daily Outlook June 27 2013

UK Pending Home Sales and Current Account 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 on this week, drop down is due to 347K from 354K on the previous report. Later in the US, Pending Home Sales, value [&hellip

GBP/USD Outlook June 24-28

GBP/USD Outlook June 24-28

The US dollar posted strong gains against the major currencies last week, and the pound was no exception, as GBP/USD shed over three cents last week. The pair closed the week slightly above the 1.54 line, at 1.5416. This week’s major events include the Inflation Report Hearings and Current Account. Here is an outlook of the events and an updated technical [&hellip

GBP/USD Outlook May 27-31

GBP/USD Outlook May 27-31

The pound showed some movement in both directions, but ended the week with very modest losses, as GBP/USD closed at 1.5122. The upcoming week is very quiet, with just four releases on the schedule. Here is an outlook of the events and an updated technical analysis for GBP/USD. British inflation numbers, including CPI, missed their estimates, and Retail [&hellip

Forex Daily Outlook May 1 2013

Forex Daily Outlook May 1 2013

ADP Non-Farm Employment Change in the US and Manufacturing PMI in the UK are the main events today.  Here is an outlook on the market-movers awaiting us In the US, Automatic Data Processing, Inc. (ADP) Non-Farm Employment Change, VALUE THE employed people (not including the farming industry and government) over the last month, 154K is [&hellip

GBP Outlook April 29 – May 3

GBP Outlook April 29 – May 3

GBP/USD shot higher late last in the week, as the pound gained about 250 points against the US dollar. The pair closed the week at 1.5473. This week’s highlights are PMI releases. Here is an outlook of the events and an updated technical analysis for GBP/USD. The pound  had a quiet week until Thursday, when the UK [&hellip

Forex Daily Outlook March 26 2013

Forex Daily Outlook March 26 2013

New Home Sales in the US and CBI Realized Sales in the UK are the main events lined up.  Let’s see what awaits us today. In the US, New Home Sales, value the yearly new homes that were sold, 426K is likely now from 437K on the previous month. Later in the US, The Conference [&hellip

GBP/USD Outlook March 25-29

GBP/USD Outlook March 25-29

The British pound enjoyed another strong week, gaining over one cent against the US dollar. GBP/USD pushed above the 1.52 level, closing at 1.5229. There are nine releases in the upcoming week, highlighted by Current Account. Here is an outlook of the events and an updated technical analysis for GBP/USD. The pound took advantage of positive British data late last [&hellip

GBP/USD Outlook February 25 – March 1

GBP/USD Outlook February 25 – March 1

The British pound’s woes continue as GBP/USD, shed another 300 points for the second week running. The pair closed at 1.5162. This week’s major events include GDP and Manufacturing PMI. Here is an outlook of the events and an updated technical analysis for GBP/USD. The markets continue to be concerned about the UK economy, which recorded a [&hellip