GBP=X - USD/GBP
| Previous close | 0.796 |
| Open | 0.796 |
| Bid | 0.797 |
| Day's range | 0.796 - 0.798 |
| 52-week range | 0.7402 - 0.8713 |
| Ask | 0.797 |
- FX Empire
GBP/USD Price Forecast – British Pound Continues to Face Resistance
British pound rallied on Monday but continues to see resistance near 1.2650. It seems to me as if there is significant resistance all the way to 1.2750.
- FX Empire
GBP/JPY Price Forecast – British Pound Continues to Grind Sideways Against Yen
The British pound rallied against the Japanese yen on Monday but we have given back those gains in order to continue the consolidation around the ¥135 level.
- FX Empire
GBP/USD Consolidation Continues Below 200-Day Moving Average
GBP/USD is on pace to post a third day of sideways trading as the 200-day moving average has caused a pause in the bullish rally.
- Yahoo Finance UK
Diageo announces world’s first 100% plastic free paper-based spirits bottle
The paper-based bottle is the latest step in tackling the environmental footprint of packaging.
- Yahoo Finance UK
Jack Ma cashes out $9.6bn from Alibaba
Co-founder of Chinese online marketplace Alibaba Jack Ma has cut his stake in the company, cashing out around $9.6bn over the past year.
- FX Empire
Dollar Bears Hanging in There
The Commitments of Traders reports highlight speculators positions and changes made during the week to July 7 in FX, bonds and stocks. Appetite for risk during this U.S. holiday shortened week was firm with the Nasdaq 100 rising by 3.6% while the dollar weakened against its peers.
- FX Empire
Forex Technical Analysis & Forecast for July 13, 2020
Daily forecast and trading signals of forex majors, commodities, cryptocurrencies and indices.
- FX Empire
GBP/USD Bullish but Sellers Wait at 1.2707
The GBP/USD is where sellers could be. At this point the price is bullish but watch for M H4 rejection if the price gets closer.
- FX Empire
GBP/USD Daily Forecast – Another Attempt To Settle Above 1.2650
GBP/USD managed to settle above 1.2600 and tests the high end of the current trading range.
- Yahoo Finance UK
Coronavirus: Furlough exclusion pushes new hires 'to brink of suicide'
New hires feel ‘forgotten’ again by the chancellor, with exclusion from furlough taking a heavy mental toll.
- Investing.com
Dollar Weakens Ahead of Earnings Season
The dollar has weakened in early European trade Monday, with investors turning to risk-sensitive currencies amid optimism over the upcoming earnings season even as the Covid-19 outbreak rages on. Goldman Sachs (NYSE:GS) has become a little more optimistic on earnings prospects for the S&P 500 Index this year, lifting its baseline forecast for S&P 500 earnings per share in 2020 to $115, up from a prior estimate of $110. The World Health Organization reported a record 230,370 new cases in 24 hours on Sunday.
- FX Empire
Geopolitics, COVID-19 News, FED Chair Powell, and BoE Governor Bailey in Focus
It’s a quiet day on the economic calendar. FED Chair Powell and BoE Governor Bailey are scheduled to speak. Expect Trump and COVID-19 to also influence.
- FX Empire
GBP/USD Weekly Price Forecast – British Pound Continues to Flex Its Muscles
British pound has had a very bullish week, as we continue to see a rally. Every time it looks as if it is going to fall, buyer step in to pick up yet again.
- FX Empire
GBP/JPY Weekly Price Forecast – British Pound Facing Familiar Resistance
The British pound rallied during the week, but continues to face resistance at the crucial ¥135 level. Because of this, I am not overly excited about this pair.
- FX Empire
GBP/USD Price Forecast – British Pound Continues to Fight
The British pound initially fell a bit on Friday but continues to find support as we broke back above the 200 day EMA by the time New York got online.
- FX Empire
GBP/JPY Price Forecast – British Pound Forming Range Against Japanese Yen
British pound fell hard against the yen to kick off the session but found support at the 50 day EMA. We are forming a short-term range to determine where we go.
- Yahoo Finance UK
Coronavirus: Stamp duty cuts a 'huge bung' to second homeowners
Buy-to-let and holiday homes are among those able to benefit from lower stamp duty costs under the government's plans in England and Northern Ireland.
- FX Empire
GBP/USD Shows Signs of Selling Pressure After Failure Above Major Resistance
GBP/USD briefly traded at a fresh three-week high yesterday before turning lower to post a small daily loss which ended a four-day bullish streak.
- Yahoo Finance UK
Coronavirus: Moody's warns UK economic downturn 'worst in G20'
The credit rating agency expects Britain's economy to shrink by 10.1% from peak to trough in 2020.
- Yahoo Finance UK
What to Watch: UK downturn 'worst in G20,' Brexit warning, stocks slide
A daily overview of the top business, market, and economic stories you should be watching today in the UK, Europe, and around the world.
- Yahoo Finance UK
Coronavirus: Man arrested over suspected £495,000 furlough fraud
HMRC said a 57-year-old had been released under investigation after raiding a property in the West Midlands over suspected furlough fraud and other offences.
- FX Empire
GBP/USD Daily Forecast – Virus Worries Boost U.S. Dollar
GBP/USD failed to settle above the resistance at 1.2650 and declined below 1.2600.
- Investing.com
Dollar Gains as Virus Cases Grow, For Now
"The question is whether Fitch decides to be tough and downgrade Italy. We expect that it will remain on hold given that the ECB and EU are showing strong support for Italy through QE and the expected recovery fund," said Danske Bank.
