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1.5622 0.0024 (0.15%)
21:54:52 (GMT)
Bid 1.5614
Ask 1.5630
Open 1.5598
High 1.5679
Low 1.5549
 

Daily Technical Analysis

The GBP/USD pair went back and forth during the course of the session on Friday, and as a result we should continue to have plenty of volatility. That being the case, the market looks as if the 1.55 level below...
The GBP/USD pair went back and forth during the course of the day on Thursday, eventually settling on what would be a massively neutral candle. Because of this, we feel that this market is going to trying to find support...
The GBP/USD pair initially tried to rally during the course of the session on Wednesday, but turned back around right at the 1.57 level. With that being the case we ended up forming a shooting star and it now looks...
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Weekly Technical Analysis

The GBP/USD pair broke higher during the course of the week, using the 1.55 level as support. With that being the case, the market should then head towards the 1.58 level given enough time. On top of that, there is...
Stop loss  1.5683   Entry level   1.5549 First Target at 1.5360 Next targets to test at 1.5293, 1.5254 Technical Analysis The pair, GBP/USD is intact at 1.57 resistance level. But a deeper decline is expected at 1.5293 support level. We're favouring...
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Daily Fundamental Analysis

Analysis and Recommendations: The GBP/USD dipped 37 points to 1.5564 ahead of a busy data week including the Bank of England meeting.  Growth in business and professional services means UK economic growth accelerated in the three months to July, according...
Analysis and Recommendations: The GBP/USD gained 18 points to trade at 1.5620 as the markets were in risk on trading after the Fed meeting ended on Wednesday. There is little market news as traders keep an eye out for the...
Analysis and Recommendations: The GBP/USD added 15 points to trade at 1.5630 as sentiment shifted ahead of the US Federal Reserve decision.  Sterling rose against the dollar, after data showed the British economy picking up pace in the second quarter...
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Weekly Fundamental Analysis

Weekly Analysis and Recommendations:  The GBP/USD finished higher last week...
Weekly Analysis and Recommendations:  The GBP/USD finished lower for the...
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More GBP/USD Report

 
Outlook and Recommendation The GBP/USD added 26 points to trade at 1.5628 against a stronger greenback as traders look forward to the BoE meeting this month as there are indications that they might start to increase rates.  GBP outperformed all of the major currencies in July with...
The EUR/USD surged on Friday after the European Union’s statistics office reported that Euro Zone inflation held steady in July. Consumer prices rose an annual 0.2 percent, the same pace as in June and matching the median forecast of economists and traders. Core inflation surprised traders with...
The US dollar index was trading on a positive note at 97.52 but gave back some gains this morning to reach 97.47 even after the Q2 GDP was reported below expectations, however markets reacted to the improvement overall and helped the US dollar appreciate. The GDP printed...