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1.6447 0.0002 (0.01%)
22:48:58 (GMT)
Bid 1.6445
Ask 1.6448
Open 1.6425
High 1.6447
Low 1.6420
 

Daily Technical Analysis

EURUSD Price is falling down towards its targets such Fibonacci levels, a weekly bottom (green) and bottom of channel (purple). 4 hour EURUSD: A breakout did indeed occur yesterday (see post 17 September) below the support (green) trend line (and...
After initially shooting higher during the day, the GBP/USD pair ended up forming a shooting star. This signifies that the market is sitting still and waiting to see the results of the Scottish Referendum Vote. If the Scots stay within...
The trend remains bearish as long as price stays in the downtrend channel (blue). 4 hour EURUSD: A breakout (red arrows) could occur if price breaks below the support (green) trend line. 60 min EURUSD: GBPUSD The price action of...
More GBP/USD Daily Technical Analysis

Weekly Technical Analysis

The GBP/USD pair has fallen during the course of the week, but found enough support just above the 1.60 level in order to form a nice-looking hammer. This hammer of course is a very bullish sign, but what we find...
The GBP/USD pair broke down during the course of the week, slicing through the 1.65 handle. With that, we believe that the market is probably going to head to the 1.60 level, but we feel that bounces could come from...
More GBP/USD Weekly Technical Analysis

Daily Fundamental Analysis

Analysis and Recommendations: The GBP/USD climbed to 1.6309 adding 33 points as it looks like the Scots will vote to stay part of the UK. The UK's headline unemployment rate fell to 6.2 per cent in the three months to...
Analysis and Recommendations: The GBP/USD gained 20 points to trade at 1.6296 after monthly employment data printed on a positive note. Unemployment fell to 6.2% while claimant count fell to -37200 against expectations of a decline of -30,000. The Office for National...
Analysis and Recommendations: The GBP/USD eased by 42 points as traders continue to worry about Scottish independence as well as weak PPI data which missed expectations. It’s a busy week ahead with a raft of releases and interest rate decisions...
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Weekly Fundamental Analysis

The GBP/USD gapped lower on the weekly chart, triggering fresh...
The GBP/USD took a big hit last week, the size...
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More GBP/USD Report

 
Selling pressure continued to press the EUR/USD lower on Thursday. Sellers hit the Euro after the European Central Bank reported that Euro Zone banks borrowed 82.6 billion Euro ($106.9 billion) in four-year loans from its new facility aiming at spurring lending to businesses and boosting inflation from...
Wall Street saw some volatility following the release of the Federal Reserve's monetary policy announcement on Wednesday but managed to end the day modestly higher. Further, European markets rebounded Wednesday on expectations that the U.S. Federal Reserve may signal after a meeting later in the day that...
There has been little movement in the currency and commodity markets today ahead of the U.S. Federal Reserve monetary policy statement at 2:00 p.m. ET. Today, the language in the U.S. Federal Reserve’s monetary policy statement should give investors a better idea as to the timing of...