Loading

GBP/USD: Buy the dips circa 1.3450? – Commerzbank…

Axel Rudolph, Senior Analyst at Commerzbank, offers insights on the GBP/USD technical set up, as we head into Europe.  Key Quotes: “GBP/USD remains below recent highs at 1.3614/58, made in September and January. Having said…

UK: Losing the plot – Nomura | by…

Analysts at Nomura note that since September, when the BoE MPC signalled that an imminent rate hike was likely, our Nomura UK surprise index (and the Bloomberg version) has been above zero, indicating that data…

GBP/USD retreats farther below 1.3800 mark | by…

   •  Goodish USD rebound prompts some profit-taking.    •  Technical studies suggest additional corrective slide.  The GBP/USD pair extended its retracement slide from fresh post-Brexit highs and refreshed session lows in the last hour,…

Loading

GBP/USD: Further upside still in play ahead of…

DXY bounce loses steam. 1.3600 still in sight amid risk-off seeping back? Eyes on the US labor market report. The post-UK services PMI-led rally extended into Asia, with the bulls sending GBP/USD to daily highs…

GBP/USD analysis: closer to 1.3500 on UK political…

GBP/USD Current price: 1.3525 UK's cabinet reshuffle continues, May´s authority  damaged. UK Industrial and Manufacturing Production and Trade Balance up next. The GBP/USD pair fell to a daily low of 1.3510, its lowest for the…