Tag Archives: GBPUSD

GBPUSD Buy At Key Support Profits | Feb 23

GBPUSD – Range Support Trade Profits (4hr chart) On Feb 18th in the members commentary, we talked about the range in the GBPUSD between 1.5345 and 1.5450 being a playable buy off the 1.5345 support there. On both the 20th … Continue reading

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Trading The UK BOE Interest Rate Decision, March 5, 2015

UK BOE Interest Rate Decision will probably be another non-event especially considering that there are very little expectations for BOE to make policy change until mid to late 2016, as predicted by many renowned analysts. With BOE not releasing any … Continue reading

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Trading The UK CPI Y/Y Release, May 19, 2015

UK CPI y/y release could provide some directional push for the Sterling especially after recent speculation of a sooner than expected rate action by the BOE. If Inflation were to increase unexpectedly, we should see demand for Sterling accelerate… 4:30am … Continue reading

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FX Update: USD To Move With Data

The USD selloff on the back of Wednesday’s weak US retail sales report is running out of steam, though not enough yet to suggest the USD bulls are entirely taking back the initiative. Still, it wouldn’t take much of an … Continue reading

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Trading The UK MPC Meeting Minutes, June 17, 2015

UK MPC Meeting Minutes will be the first time for the market to get an insider’s look at the MPC meeting that took place 2 weeks ago, which ended up keeping both rates and APT unchanged. It is highly unlikely … Continue reading

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FX Update: Fasten Your Seatbelts

The market is waking up to fresh Greece worries as there was no further progress over the weekend in Brussels, and as the clock ticks ever louder into the end of this month in just over two weeks. The latest … Continue reading

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GBPUSD takes an (unsurprising) fall

After the GBPUSD bulls picked up momentum and gained inspiration following the unexpectedly upbeat comments from Bank of England (BoE) Governor, Mark Carney on the possibility of future interest rate rises, the bulls were left empty-handed after the BoE interest … Continue reading

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UK GDP Advanced As Expected In 2Q 2015

GBPUSD GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.34% against the USD and closed at 1.5612, after Britain’s economic expansion accelerated in the second quarter of 2015, on the back of robust growth in the … Continue reading

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Daily Technical Report : September 04, 2015

GBPUSD The bearishness is strong, as the GBPUSD stabilizes below 1.5340 where 38.2% Fibonacci exists. The technical target of 1.5190 is still awaited. GBPUSD Chart ADX shows strength on the bearish trend and that suggests more negativity, while coming below … Continue reading

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Daily Technical Report :September 11, 2015

GBPUSD GBPUSD has moved upwards, influenced by touching SMA50, which acted as a support despite the negativity on RSI. GBPUSD Chart However, ADX remains positive along with stability above 1.5414. Moving above 1.5335 is essential to keep the bullish overview … Continue reading

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