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1.6789 -0.0004 (-0.02%)
23:35:18 (GMT)
Bid 1.6788
Ask 1.6790
Open 1.6792
High 1.6793
Low 1.6788
 

Daily Technical Analysis

The GBP/USD pair broke higher during the session on Wednesday, testing the 1.68 level yet again. That area has been resistive previously, and as a result we do not find it very difficult to imagine that the market could pull...
The GBP/USD pair fell during a significant portion of the session on Tuesday, but as we have seen time and time again, the market finds buyers below. With that, we find this market to be bullish, and will continue to...
The EUR/USD pair went back and forth during the session on Tuesday, forming a very neutral candle. Because of this, we feel that the market simply isn’t going to do my share, and quite frankly is probably finding a significant...
More GBP/USD Daily Technical Analysis

Weekly Technical Analysis

The GBP/USD pair broke higher during the week, but as you can see pulled back to the 1.68 handle. That to us is the area that we need to get above in order to start buying again, as we feel...
The GBP/USD pair fell during the week, but really didn’t have that wide of the range. The 1.65 level below is still support as far as we can tell, and as a result we think that this market will offer...
More GBP/USD Weekly Technical Analysis

Daily Fundamental Analysis

Analysis and Recommendations: The GBP/USD continued to climb after Wednesday unemployment numbers tumbled giving the pound momentum to add 15 points reaching 1.6811. The pound powered ahead versus its currency rivals yesterday as markets reacted to a better-than-expected Unemployment report...
Analysis and Recommendations: The GBP/USD remains the stellar performer as the UK economy keeps moving forward showing a stronger recovery than the US. Today the unemployment figure drops 2 points to report at 6.9% which might push the Bank of...
The GBP/USD rallied after U.K. inflation data fell in-line with expectations. The headline year-on-year CPI data fell to the lowest level since October 2009 and the year-on-year measure of retail inflation declined to its weakest level in nearly five years...
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Weekly Fundamental Analysis

Weekly Analysis and Recommendation:  The GBP/USD ended the week well...
Weekly Analysis and Recommendation:  The GBP/USD had a bad week...
More GBP/USD Weekly Forecasts

More GBP/USD Report

 
The GBP/USD surged early in the session on Thursday, taking out the previously top at 1.6819 before settling below its high at 1.6841. Despite the late session weakness, the Sterling still managed to close higher. The British Pound rallied against the U.S. Dollar early in the session...
The US dollar eased in the Asian session this morning giving up 15 points to trade at 79.76 after strong data from the US helped support the currency, while traders continue to rethink comments from Federal Reserve Director Janet Yellen, which indicated that an interest rate hike...
The EUR/USD rose slightly after the release of the Euro Zone consumer inflation report. Consumer prices in March rose 0.5% from a year earlier. This was its lowest annual rate since November 2009, however, the report met expectations. Although the Forex pair is trading slightly better, there...