Select Your Broker and Start Trading!   Best Brokers 2015

1.5067 -0.0005 (-0.03%)
22:54:56 (GMT)
Bid 1.5061
Ask 1.5072
Open 1.5072
High 1.5143
Low 1.4989
 

Daily Technical Analysis

The GBP/USD pair fell during the course of the session on Thursday, testing the 1.50 level yet again. That being the case it looks like we are going to continue to consolidate, but we will be paying attention to see...
The GBP/USD pair initially broke higher during the course of the session on Wednesday, but struggled a just below the 1.52 level. That area of course has offered resistance recently, so we can break the bottom of the shooting star...
The GBP/USD pair broke higher during the course of the session on Tuesday, testing the 1.52 level. We believe that this market is still consolidating, so therefore we are not willing to buy it into we get above the 1.53...
More GBP/USD Daily Technical Analysis

Weekly Technical Analysis

The GBP/USD pair initially tried to rally during the course of the week, but as you can see sold off to form a shooting star. The shooting star is sitting just on top of the 1.50 level though, and that...
The GBP/USD pair broke down during the course of the week, crashing into the 1.50 handle. Ultimately, it looks like the buyers are just below, and we do believe that there is a significant amount of support going down to...
More GBP/USD Weekly Technical Analysis

Daily Fundamental Analysis

Analysis and Recommendations: The GBP/USD added 13 points to trade at 1.5079 after touching the 1.52 level earlier in the week. The pair declined after the Fed announcement.  Sterling inched up against the dollar on Friday, helped by a bounce...
Analysis and Recommendations: The GBP/USD eased by 7 points to trade at 1.5131 after nationwide housing prices met expectations and the US dollar remained flat. There are more rumors that the Bank of England could begin raising interest rates this...
Analysis and Recommendations: The GBP/USD crept up 25 points as the US dollar weakened ahead of the FOMC statement due in the US session. There has been little data or market news to move the currency markets today. The pound...
More GBP/USD Daily Forecasts

Weekly Fundamental Analysis

Weekly Analysis and Recommendation:   The GBP/USD ended the week on...
Weekly Analysis and Recommendation:  The GBP/USD closed the week at...
More GBP/USD Weekly Forecasts

More GBP/USD Report

 
The EUR/USD traded sideways-to-lower on Friday after Germany reported that inflation turned negative in January for the first time since September 2009. Its economy fell 0.5 percent from a year earlier. Economists had called for a decline of 0.2 percent. Traders and economists are looking for inflation...
Commodity and foreign currency markets continued to react to yesterday’s Federal Open Market Committee monetary policy announcement. Late Wednesday, the Fed maintained its pledge to be “patient” on raising interest rates. Fed members noted global risks, saying they will monitor “international developments” when deciding how long to...
Most commodity and foreign currency markets are trading flat ahead of today’s release of the latest U.S. Federal Reserve monetary policy statement at 2:00 p.m. ET.   The Fed is expected to signal it remains on track to begin raising interest rates later this year. The central...