Stabilization in construction and services weren’t enough to cheer the pound. Read the rest of the article GBP/USD Outlook – July 11-15 Read more posts on ForexCrunch
GBP/USD Consolidates on UK GDP Miss Daily Resistance Found at 1.3048; Support 1.2888 IG Client Sentiment Reads -1.43; 59% Net-Short The GBP/USD continues to consolidate off of its yearly highs, as UK GDP figures were reported …
GBP/USD is trading lower at 1.4662, down 0.00787. Market talk about the FOMC meeting and the press conference afterwards with Fed Chair Janet Yellen continues. Chatter about a slack inflation outlook for UK has brought in some …
GBP/USD Daily Chart Notice that, tomorrow at 08:30, the UK inflation data will come out and will serve as major Catalyst for the pair price action. The GBP/USD major currency pair has gained the Forex market nickname “Cable”, named …
In sum, traders have a great opportunity to rejoin a very strong GBPUSD uptrend using narrow range candles as a trigger. It is important to note that whipsaws and pattern failures can happen not only with this strategy but other breakout …
GBP/USD Technical Strategy: Sidelines preferred Dojis signal indecision amongst traders in intraday trade Daily remains void of bearish reversal pattern Following a dip back towards the 1.6600 handle the GBP/USD bulls managed to regain …
Automate trades with Mirror Trader and see ideas on other USD crosses -After breaking above the line that extends off of the 2014 and 2015 highs, GBPUSD has reversed sharply. The move completes a head and shoulders top that’s been …
To receive Ilya's analysis directly via email, please SIGN UP HERE Talking Points: The British Pound turned lower after a test of now-familiar range resistance below the 1.50 figure against the US Dollar. A daily close below pivot support at …