GBP/USD continues to oscillate within a range established since the recovery from the October 2016 lows.
February 9,2017
GBP/USD is one of the most overvalued currencies in the G10, according to research citing two models who says as much by Canadian lender TD Securities.
February 7,2017
The Pound got off to a shaky start on Tuesday morning and we think this may have something to do with surprisingly poor Retail Sales data, which brought into doubt the resilience of the economy post-Brexit referendum.
February 7,2017
The UK will have two years to negotiate its withdrawal from the EU once the government triggers Article 50.
February 7,2017
The Pound and Dollar are wrestling in a range although delays to Trump’s policy reforms have most recently handed Sterling the advantage by slowing the Dollar’s ascent.
February 6,2017
The release of Non-Farm Payrolls (NFPs) elicited little reaction from the Dollar on Friday.
February 3,2017
Recent figures from the Bank of England (BOE) showed a sharp decline in Gilt purchases by foreign investors in December, which was probably a function of the stronger Pound.
February 1,2017
The GBP/USD pair has reached a critical inflection point in the trend where a resumption of the short-term higher is favoured, but there is also a possibility of a break lower.
January 30,2017
TD Securities have dropped their call for a rate cut in Q4 2017 saying that improved economic data and a less dovish monetary policy outlook in the UK now mean the odds of a hike or cut are evenly balanced.
January 29,2017
Cable has extended its uptrend and is in the process of forming what could be a high probability continuation pattern which could signal even more upside into the 1.27s.
January 26,2017
The GBP/USD pair is expected to continue its recovery higher following Donald Trump’s inauguration speech which was heavy on protectionism and light on infrastructure.
January 23,2017
The Pound fell on news that shoppers tightened their belts in December.
January 20,2017
Eggheads at HSBC have been busy designing a ‘Brexometer’ to tell them where we are on a gauge of ‘Hard’ to ‘Soft’ Brexit.
January 15,2017
Pound Sterling is under the hammer at the start of the new week as foreign exchange markets resign themselves to the fact the UK is to exit the single market.
January 9,2017
The US Dollar rose versus all major counterparts on Tuesday after data showed Manufacturing in the US in December ripped higher.
January 4,2017
Longer-term it is hard to argue against further Dollar strength owing to Trump's policy card, however, short-term traders could be in for some welcome volatility.
January 4,2017
