The market awaits the release of US retail sales…
Tag - gbp
The USD recovered as the EUR and the GBP have problems…
The USD is at 11-week low, the market awaits the speech of the ECB President Draghi and the release of American CPI…
The GBP and the USD await data releases, while market players try to decide whether to feel hopeful or bad…
The weekend brought the deal between the United States and Mexico…
This week the pound has found some temporary relief as investors’ concerns went down a notch.
EUR/GBP Technical Analysis The Backdrop The EUR/GBP pair has been steadily rising since May 6th as the uncertain political backdrop inside the United Kingdom continued to hurt the trading sentiment towards the British pound currency…
Theresa May will leave her position of PM on June 7. What will happen next?
We should watch the next resistance at 0.8860 - 0.8885 as an intraday target. If a pullback from these levels happens next...
There's a bearish 'Thorn' pattern, which pushed the market lower. Also, we've got a bearish 'Flag', so the pair is likely...
The risk sentiment in the market remains fragile. Check the key levels for USD/JPY, GBP/USD and USD/CNH.
GBP/USD is trading below the weekly pivot level at 1.2707.