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GBPUSD - Has pound absorbed its full share of bad news
The fact that EU may sue the UK over the legality of certain moves in the negotiations is keeping the pound under a microscope. However, technical analysis suggest that buyers are starting to step in.
GBPUSD Looking For Further Weakness
Hello traders, GBPUSD made a sharp decline, following start of September, which suggests a high in place for a former wave 5 at the 1.348 level, and a minimum, three-wave, bearish ...
Fed fallout and BoE up next
The Fed also sees unemployment at 7.6% by the end of the year, down from 9.3%. Stocks sold off and the US Dollar rose following the Fed’s announcement in and risk off move as the market portrayed its ...
Pound rises on hopes fisheries deal will break Brexit deadlock
The dollar also weakened ahead of a Federal Reserve meeting, with the US central bank expected to hint at further loosening in policy.
Go Long The Euro Against The Sterling And The Swiss Franc
US dollar in recent weeks. Our target on EURUSD is 1.20-1.25; we think that the current risk/reward on the pair is less interesting for late investors.