GBPUSD=X - GBP/USD
| Previous close | 1.255 |
| Open | 1.255 |
| Bid | 1.253 |
| Day's range | 1.251 - 1.256 |
| 52-week range | 1.2383 - 1.3349 |
| Ask | 1.253 |
- FX Empire•12 hours ago
Forex Daily Recap – AUD/USD Aroused, Shrugging over Downbeat Part-time Data
At around 19:40 GMT, the US Dollar Index was -0.47% down as the Initial Jobless Claims computed since July 12 reported adverse statistics. The Swiss Franc pair showcased breakdown out of the 8-day old symmetrical triangle vicinity.
- FX Empire•17 hours ago
GBP/USD Price Forecast – British pound rallies on Thursday
The British pound rallied significantly during the trading session on Thursday, reaching towards the psychologically and structurally important 1.25 handle. However, we have pulled back from there just a bit as I record this, so it makes sense that perhaps the downtrend continues.
- FX Empire•18 hours ago
Pound Rescued by Positive Retail Sales But Danger Still Lies Ahead
The British Pound was thrown a lifeline this morning after UK retail sales rebounded unexpectedly in June, thanks to a rise in sales of antiques and second-hand clothes.
- FX Empire•19 hours ago
U.S. Dollar Index Futures (DX) Technical Analysis – July 18, 2019 Forecast
Based on the early price action, the direction of the September U.S. Dollar Index the rest of the session is likely to be determined by trader reaction to the pivot at 96.740.
- FX Empire•23 hours ago
GBP/USD Daily Forecast – Sterling Rebounds, Lifted By Retail Sales Beat
GBP/USD is recovery from a low set yesterday near the 1.2400 handle. The pair caught a strong bid in early day trading after UK retail sales came in ahead of expectations.
- FX Empire•yesterday
Stats, Corporate Earnings and Trade War Chatter in Focus
It was a mixed bag on the data front in Asia as Japan sees exports tumble. Corporate earnings also disappointed as trade war angst returns…
- Investing.com•yesterday
U.S. Dollar Slips on IMF Comments, Rebound in Pound
Investing.com - The U.S. dollar slipped on Thursday after the International Monetary Fund (IMF) said the currency is overvalued, while a rebound in the pound also weighed.
- FX Empire•2 days ago
Forex Daily Recap – 50% Fib Level Capped Cable’s Daily Gains
Today, Prime Minister Theresa May broadcasted a piece of advice to her successor. The drowning Fiber finally found a stoppage near 1.1200 level on Wednesday.
- FX Empire•2 days ago
GBP/USD Price Forecast – British pound continues to drift lower
The British pound went back and forth during early trading on Wednesday, looking as if it is trying to stabilize near the 1.24 handle. However, we are decidedly in a bearish market so therefore it’s almost impossible to imagine a scenario where we should be buying.
- Investing.com•2 days ago
U.S. Dollar Slips After IMF Says Greenback Is Overvalued
Investing.com - The U.S. dollar dipped slightly on Wednesday but still remained near one-week highs after the International Monetary Fund said the greenback is overvalued.
- Investing.com•2 days ago
Top 5 Things to Know in the Market on Wednesday
Investing.com - Here are the top five things you need to know in financial markets on Wednesday, July 17:
- FX Empire•2 days ago
Johnson, Brexit and the Pound
Boris Johnson and Brexit continue to weigh on the Pound. If the markets had thought that Johnson would deliver a deal, the mood has changed…
- FX Empire•2 days ago
GBP/USD Daily Forecast – Pound Tumbles, Flirting With 1.2400 Handle
GBP/USD has shed about 1.3% in a two-day decline and is trading at levels not seen since the start of the year.
- FX Empire•2 days ago
The Pound Remains in the Spotlight as Brexit Troubles Weigh
It’s a quiet day on the economic calendar, which will leave the Pound in the spotlight. Brexit woes continue to trouble the Pound, which is on the slide this morning…
- Investing.com•2 days ago
Sterling Falls to 2-Year Low as Political Risk Mounts
Investing.com -- The British pound fell to its lowest in more than two years in early trading in Europe Wednesday as fears over a “Hard Brexit” and a possible general election exacted a higher risk premium for all sterling assets.
- Investing.com•2 days ago
U.S. Dollar Rises on Retail Sales Data; Pound Near Two-years Low
Investing.com - The U.S. dollar rose on Wednesday in Asia on the back of the release of strong retail sales data, while the pound traded near two-years low on Brexit concerns.
- FX Empire•3 days ago
Forex Daily Recap – Mexican Peso Tanks 0.4% on Pemex Refinancing Plan
The RBA Meeting minutes revealed that the Bank would keep the doors open for further ease in the monetary policy by a quarter-point soon. The Euro pair and Cable suffered some huge pullbacks today.
- FX Empire•3 days ago
GBP/USD Price Forecast – British pound breaks down again
The British pound broke down again during the trading session on Tuesday, slicing to a fresh, new low. By doing so, it shows that we are ready to continue to go much lower.
- Investing.com•3 days ago
U.S. Dollar Rises on Strong Retail Sales
Investing.com - The U.S. dollar was higher on Tuesday after stronger-than-expected retail sales showed the economy was healthy, even as the Federal Reserve is expected to cut interest rates.
- FX Empire•3 days ago
Markets are Waiting For The Results of Trade Wars and Brexit
Global markets remain optimistic, which nevertheless does not allay investors’ fears at the start of the corporate reporting season. Stronger than expected macroeconomic statistics from the United States and China, as well as the expectations of lower interest rates from the Fed, support demand for risky assets and help stocks to develop an offensive.
- FX Empire•3 days ago
GBP/USD Daily Forecast – Sterling Under Pressure, Back Below 1.25
GBP/USD has been steadily sold off as the dollar recovers higher. The pair has failed to hold above 1.2500 which is a clear show of weakness.
- MarketWatch•3 days ago
British wages climb to 11-year high as unemployment matches 45-year low
The U.K. labor picture remained strong in May, according to data released Tuesdayby the Office for National Statistics. Weekly earnings in the 3 months ending May rose 3.6%, the strongest rise since July 2008. The unemployment rate meanwhile stayed at 3.8%, matching the lowest level since 1974.
- FX Empire•3 days ago
Markets Yawn and Hit Snooze Button Ahead of US Earnings Reports
Asian shares are tired and struggling for direction this morning due to a lack of fresh market-moving news, with investors on the side-lines ahead of earnings reports from major American companies.
- FX Empire•4 days ago
Forex Daily Recap – Chinese Q2 GDP Slump Left Global Investors Unnerved
Today, the GBP/USD pair maintained a strong downtrend amid rising Brexit uncertainities. Meanwhile, Lower-than-expected June Producer and Import Prices provided the extra ammunition to the resilient USD/CHY bulls.
