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1.5592 -0.0013 (-0.08%)
4:31:53 (GMT)
Bid 1.5592
Ask 1.5593
Open 1.5605
High 1.5609
Low 1.5583
 

Daily Technical Analysis

The GBP/USD pair fell slightly during the course of the session on Friday, as we continue to see weakness overall. However, there is a 1.55 barrier that should be rather supportive, and the buyers will more than likely return to...
The GBP/USD pair went back and forth during the course of the day on Thursday, essentially settling nothing. However, the one thing that we do notice is that the 1.56 level is trying to offer a bit of support. We...
GBP/USD pair initially tried to rally during the day on Wednesday, but found the area above the 1.57 level to be a bit too rich. We fell, but we are still well above the 1.55 level, which we see as...
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Weekly Technical Analysis

The GBP/USD pair initially rallied during the course of the week, but found enough resistance of the 1.58 level to turn things back around and fall significantly. However we are still above the 1.55 handle, and that’s good enough for...
The GBP/USD pair fell during the bulk of the week, but found enough support just below the 1.57 level to turn things back around. Having said that, looks like the market is ready to continue going higher and as a...
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Daily Fundamental Analysis

Analysis and Recommendations: The GBP/USD is flat today with most of the attention on the euro after the Greek elections. The result was a No, but there has been very little or response in the currency markets. The euro regained...
Analysis and Recommendations: The GBP/USD added 22 points as the US dollar gave back a bit of its safe haven gains. The pound is trading at 1.5631. "The UK manufacturing sector remained in a softer growth patch in June, as...
Analysis and Recommendations: The GBP/USD dipped 16 points after nationwide housing prices fell and traders continue to worry about contagion from the eurozone weighing on the UK. The pound dipped 1.5602. UK construction activity grew at its fastest rate in...
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Weekly Fundamental Analysis

Weekly Analysis and Recommendation:  The GBP/USD had a touch week...
Weekly Analysis and Recommendation:   The GBP/USD ended the week at...
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More GBP/USD Report

 
Two big stories hit over the week-end, Greece’s citizens rejected its international creditor’s terms and China took emergency action to support its stock markets. The results of Greece’s referendum could bring to an end its membership in the Euro Zone. The EUR/USD plunged on the opening after...
Currency and commodity markets were mixed on Friday due to the early close for the U.S. Independence Day holiday. Most of the major players were on the sidelines ahead of Greece’s July 5 referendum. Uncertainty and the lack of resolution are raising investor concerns. According to a...
August Comex Gold futures plunged early Thursday as investors continued to liquidate positions ahead of Sunday’s referendum vote in Greece. Gold was able to bounce back a little after the U.S. Dollar lost a little ground. Oversold conditions after an almost week-long sell-off helped boost August Crude...