gbp

  1. 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...
  2. Mark Mc Donnell1

    TODAY’S GBP STRENGTH AND LIVE FOREX TRADING SIGNALS

    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/JPY...
  3. Sive Morten

    Forex EUR & GBP Daily Video, November 29, 2019

    Greetings everybody, As markets stand quiet, we cover two currencies in single update today:
  4. 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...
  5. 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...
  6. 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...
  7. 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...
  8. 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...
  9. 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...
  10. 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...
  11. 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...
  12. 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...
  13. 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...
  14. Jarratt Davis

    Sell EUR against the USD and GBP

    Our trade recommendation is to sell EUR against the USD and GBP on pullbacks. Levels of resistance to be considered include handles and half-handles, central pivots, fibonacci retracements and moving averages. Current Market Sentiment: The major event during the NY session was the ECB Press...
  15. Jarratt Davis

    GBP Update – Forex Trading Tips

    The Great British pound is – equally with the USD – the strongest currency out of the eight majors and we expect this bullishness to remain in the medium-term. Pullbacks are to be expected and may provide good long opportunities. Interest Rate Official Bank Rate: 0.50%...
  16. Jarratt Davis

    GBP Update - Forex Trading Tips

    The Great British pound is - equally with the USD - the strongest currency out of the eight majors and we expect this bullishness to remain in the near-term. GBP Update: Interest Rate Official Bank Rate: 0.50% Last Change: March 5, 2009...
  17. Jarratt Davis

    Buying GBP on Dips - Forex Trading Tips

    Today we look at buying GBP on dips particularly against the JPY. The 193.00 handle on the GBPJPY offers a nice confluence zone with previous price support, the 50% retrace of the rally from 192.27 to 193.98, and the figure. We also like a selling rallies on the EURNZD after a nice rally and...
  18. Jarratt Davis

    Buy GBP - Forex Trading Tips

    Today we are looking to buy GBP heading into the jobs numbers. This is on the back of hawkish BOE comments and positive expectations for average earnings. Take a look at my weekly Forex news events overview here to learn more about interpreting average earnings data. This is a higher risk...
  19. Jarratt Davis

    Trading opportunities – GBP – Forex Trading Tips

    Originally updated: 08:00am London Time Trading Bias: bearish GBP Currency pair: short GBP/USD, GBP/JPY In today's trading session we will be focusing on trading opportunities on GBP/USD and GBP/JPY currency pairs. Current Sentiment: Friday's session saw some strength come back through...
  20. Mark Mc Donnell

    Today's GBP/NZD Trading Signal

    Today in forex trading the GBP was weak on all pairs. The NZD was also strong. This drove the GBP/NZD much lower, it had a very strong drop. It is a one support level now just above 2.000 and we would scale out lots here. Click on the trading signal below for this pair to expand the image. At...
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