1. syamfx2020

    DAILY MARKET REPORT - Thursday, Aug 06, 2020 - GBP surged after BOE comments

    The Bank of England kept interest rates at 0.1% and to keep its asset purchasing facility at £745bn for August. The Central bank said the unemployment will jump, with the rate at 7.5% at the end of 2020, before gradually declining from the start of next year and inflation is expected to fall...
  2. Mark Mc Donnell1


    Today in the main session forex trading the GBP was strong on all pairs in this currency group. This drove strong price movements during the main trading session. Images of the live forex trading signals from The Forex Heatmap® and price chart movement for these pairs is shown below. The GBP/USD...
  3. syamfx2020

    GBP slightly down after strong PMI report

    GBP/USD surged to fresh week-high of 1.2410 and testing the trend line. The GBP currently unchanged after the PMI report. The UK manufacturing PMI rebounded in June. 50.1, 40.7 (Previous). Important Levels to watch today: Support: 1.2360 and 1.2330 Resistance: 1.2440 and 1.2480
  4. syamfx2020

    GBP unchanged ahead of BOE Super Thursday

    GBP/USD trading unchanged ahead of BOE's super Thursday. The market participants expect the central bank may announce more stimulus measures after the inflation rate fell in May, the weakest since 2016. Levels to watch today: Support: 1.2500 and 1.2450 Resistance: 1.2610 and 1.2690
  5. syamfx2020

    The pound started this week with a positive note

    The GBPUSD falls to fresh one month low of 1.2080 on Monday after BOE official’s comments on negative interest rates. The price currently supported at 1.2080, any break below this level will open 1.2000 & 1.1970.
  6. Sive Morten

    Forex EUR & GBP Daily Video, February 13, 2020

    Good morning, Today guys, we talk a bit as on EUR as on GBP. Also here you will find presentation and explanation how to use our new signal service, provided by Roger:
  7. fullertonmarkets

    How Far Can GBP Rise?

    As the UK still has no trade deal with the EU post-Brexit, this is likely to improve risk appetite for GBP/USD only for a short period of time. The most important aspect of the general election result is the removal of Corbyn In recent years, any conversation with investors, particularly...
  8. S

    Big Week for the GBP

    Thursday’s UK general election is going to be closely watched by investors. If Boris Johnson’s Conservatives are able to secure a majority as polls last week predicted, the Pound exchange rate is likely to rise. Currently, the pound heading towards to 2019’s highs 1.3380 established last March...
  9. Andrew Mitchem

    Currency Strength and Weakness for Thursday 5th December 2019

    Hi Forex Trader, I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market. My suggestions are posted by 6pm EST each day. For The Forex Trading Coach clients...
  10. Sive Morten

    Forex EUR & GBP Daily Video, November 29, 2019

    Greetings everybody, As markets stand quiet, we cover two currencies in single update today:
  11. Sive Morten

    Forex FOREX PRO WEEKLY, November 18 - 22, 2019

    Fundamentals This week we do not have some extraordinary events, mostly everything was standing in expected borders - some statistics, talking around US/China agreement and UK December elections. Although we have sufficient number of events but they were not strong enough to change market...
  12. A

    Andrea.2k Trading Edge

    Forex, 27th july 2016 : suggestions for main currencies Every day, after New York closing bell, according to results of markets volatility and direction showed by the majors ( EUR, GBP, JPY, USD ), during the last session, I purpose my advise on the likely developments, in the next trading...
  13. Jarratt Davis

    GBP Analysis – 20th of May

    GBP/USD fell over 400 pips during the first half of May, before rallying 300 pips between the 16-18th as swings in Brexit polls continued to drive sentiment in sterling. Upside was capped on the 17th with a miss on CPI readings for April; Core CPI was flat for the month and down to 1.2% y/y...
  14. Jarratt Davis

    Buy USD | Current Sentiment

    Ahead we have Retail Sales from the UK, which is unlikely to move GBP given the market’s preoccupation with referendum polls. We will also see minutes from the recent ECB meeting. Our general trade call going forwards will be to buy USD on pullbacks against weakening currencies, such as the AUD...
  15. Jarratt Davis

    UK CPI | Moves in GBP

    UK CPI will be released today at 9.30am GMT. Any deviation from the expected figures has the capacity to move pound significantly. Given that the pound is already pressured by the Brexit cloud, a miss will likely drive impetus into this bearish sentiment and see a sustained move lower in GBP...
  16. Jarratt Davis

    UK Services PMI | Reaction in GBP

    UK Services PMI will be released today 9:30am GMT. Any decent deviation in the data will cause a reaction in pound. However given the pounds recent resilience and cable at multiyear lows, a significant miss may be needed to convince traders to continue selling GBP at its current levels...
  17. Jarratt Davis

    BOE Rate Decision and Monetary Policy Summary

    BOE Rate Decision, Monetary Policy Summary, and Meeting Minutes data will be released today at 12:00pm GMT. The initial reaction will come from any surprises in the vote count if, while unlikely, Ian McCafferty reverses his vote for a rate hike changing the tally back to nine-nil. This will be...
  18. Jarratt Davis

    Potential Opportunity To Short Cable

    There is no trade call for the session as we await new data. A miss on UK data may provide an opportunity to short Cable, depending upon the extent of any deviation. Current Sentiment: The dollar index continued to rally in yesterday's NY session moving up 1.2 points from lows. Today's Asian...
  19. Jarratt Davis

    BOE Monetary Policy Summary & Meeting Minutes

    Today we will have BOE Monetary Policy Summary, Meeting Minutes and Official Bank Rate released at 12:00pm GMT. The initial reaction will come from any surprises in the vote count, with a change back to nine-nil causing downside in the GBP. Conversely if any extra members voted for a hike now...
  20. Jarratt Davis

    Buying GBP against the NZD or EUR

    We will be monitoring UK Services PMI for a trade on GBP. The bias is to the upside given the fundamental bullishness of the currency and Monday's significant beat on Manufacturing PMI. Buying GBP against the NZD or EUR will provide a decent trade, however be mindful of Thursday's risk event...