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1.4873 0.0025 (0.17%)
19:54:30 (GMT)
Bid 1.4871
Ask 1.4875
Open 1.4852
High 1.4922
Low 1.4797
 

Daily Technical Analysis

Yet another negative consolidation phase Thursday, capped by resistance at 1.4982/95 ahead of 1.5013 with a more negative bias likely for Friday and late March. Given the previous setback from 1.5169 (after last Wednesday's spike higher post FOMC), ahead of retrace and chart barriers at...
The GBP/USD pair tried to break out during the session on Thursday, testing the 1.50 handle. We found enough resistance there to turn back around though and form a shooting star, so as this shooting star is sitting on top...
The GBP/USD pair broke higher during the course of the session on Wednesday, but found the 1.50 level to be far too resistive and turned back around to form a shooting star. If we can break down below the 1.48...
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Weekly Technical Analysis

Yet another negative consolidation phase Thursday, capped by resistance at 1.4982/95 ahead of 1.5013 with a more negative bias likely for Friday and late March. Given the previous setback from 1.5169 (after last Wednesday's spike higher post FOMC), ahead of retrace and chart barriers at...
The GBP/USD pair broke higher during the course of the week, and at one point time even got above the 1.50 handle. However, you can see that we closed just below and this is an area where we would anticipate...
More GBP/USD Weekly Technical Analysis

Daily Fundamental Analysis

Analysis and Recommendations: The GBP/USD continued to improve today adding 36 points after speeches from Bank of England members as well as a jump in the House Price Index. The pound is trading at 1.4886. The dollar gained bit of...
Analysis and Recommendations: The GBP/USD added 64 points after Core retail sales, retail sales and annual sales printed much better than expected giving the pound a much needed boost. The GBP is trading at 1.4945. In the three months to...
Analysis and Recommendations: The GBP/USD added 75 points as the greenback eased on weak data while UK mortgage approvals soared above expectations helping to support the pound in today’s session.  The greenback eased today after a report showed that orders...
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Weekly Fundamental Analysis

Weekly Analysis and Recommendation:  The GBP/USD recovered 201 points on...
Weekly Analysis and Recommendation:   The GBP/USD fell to its lowest...
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More GBP/USD Report

 
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