GBPUSD=X - GBP/USD
| Previous close | 1.306 |
| Open | 1.305 |
| Bid | 1.306 |
| Day's range | 1.305 - 1.307 |
| 52-week range | 1.1959 - 1.3510 |
| Ask | 1.306 |
- FX Empire
GBP/USD Price Forecast – British Pound Pulled Back Against The US Dollar
The British pound has initially tried to rally during the trading session on Monday but then rolled over to break back down against the greenback. There is a general “risk off” attitude around the world, and this currency pair is showing the same proclivities.
- FX Empire
GBP/USD Daily Forecast – Sterling Recovers After Test of Support
The British pound is starting to regain some upward momentum although the Bank of England meeting later this week will ultimately dictate the direction for the pair.
- FX Empire
GBP/USD Bearish ABC Pattern Within Final Wave E Triangle
GBP/USD made a bearish bounce at the 61.8% Fibonacci level, which seems to confirm the wave D of a larger contracting triangle pattern.
- FX Empire
GBP/USD – Pound Steady, Investors Eye Housing Reports
The British pound is steady at the start of the week. The Australian and New Zealand dollars are trading at multi-week lows, as the China coronavirus has raised investor risk apprehension.
- Investing.com
Forex: Yen Rallies on Virus Fears; German Ifo Eyed
Investing.com - The Japanese yen is in demand Monday as traders flock to the safe haven currency amid concerns over the spread of the pneumonia-like virus in China.
- FX Empire
Riskier Assets Sink as the Coronavirus Goes Global
It’s ‘risk-off’ early this morning as the markets in Asia respond to the spread of the coronavirus. The WHO could add further pressure…
- FX Empire
The Week Ahead – Brexit, Earnings, Monetary Policy and Stats Are in Focus
It’s a big week ahead. Britain leaves the EU, Trump’s defense team is in action, corporate earnings are in focus, and the FED and the BoE are in action.
- FX Empire
GBP/USD Price Forecast – British Pound Gives Back Gains
The British pound broke above the highs of the previous session on Thursday, but then turned around to show signs of weakness. At this point, the market is likely to grind back and forth but I think the most important thing to pay attention to is that we have a lot of support underneath.
- FX Empire
GBP/USD Weekly Price Forecast – British Pound Rallies From Trendline
The British pound rallied a bit against the US dollar during the week, breaking above the 200 week EMA, and using a major uptrend line as a crutch.
- FX Empire
GBP/USD Daily Forecast – Sterling Spikes on PMI Release but Struggles to Hold Gain
Better than expected PMI data out of the UK triggered a spike higher in GBP/USD to levels not seen since January 7th. However, the pair quickly retreated after the report to give back the gain.
- Yahoo Finance UK
'Boris bounce' data 'kills' expectations of rate cut next week
IHS Markit on Friday released its first estimate of manufacturing and service sector growth in January.
- FX Empire
GBP/USD – Pound in Holding Pattern Ahead of PMIs reports
The pound has enjoyed a good week, with gains of close to one percent. There are two more hurdles for the currency before the weekend, with the release of manufacturing and services PMIs (release time – 9:30 GMT).
- FX Empire
The Weekly Wrap Up, the Loonie and Brexit
It was a busy start to the week ahead of a particularly busy end to the week. Expect plenty of moves as the markets digest a heavy economic calendar.
- FX Empire
Private Sector PMIs and Retail Sales Figures Put the EUR, GBP, USD and Loonie in Focus
It’s a busy day ahead, with private sector PMIs for January to set the tone. Expect retail sales figures from Canada to also drive the Loonie.
- FX Empire
GBP/USD Price Forecast – British Pound Pulls Back Against The Greenback
The British pound pulled back during the Thursday trading session against the greenback, as the market may have gotten a bit ahead of itself during the Wednesday session.
- Yahoo Finance UK
Ex-Barclays board member says politics 'contaminated' by money
Dambisa Moyo said governments have 'abdicated' their responsibilities and corporations were 'wrongly' being asked to pick up the slack.
- FX Empire
GBP/USD Daily Forecast – Sterling Pauses Following Wednesday’s Bullish Breakout
GBP/USD consolidated in early trading on Thursday after a notable upward technical break yesterday which has set a positive tone for the pair.
- Yahoo Finance UK
France pauses Big Tech digital tax to avoid US-Europe trade war
"We have found an agreement with US Treasury Secretary Steve Mnuchin and we are still in the process of defining the basis with the OECD."
- FX Empire
GBP/USD Adam and Adam Pattern Suggests Further Move Up
Dear Traders, The GBP/USD has formed Adam and Adam pattern, which is a stronger variant of a W bullish pattern. Continuation up is expected.
- FX Empire
GBP/USD – Pound Rebounds, Punches Above 1.31
The British pound has flexed some muscle, as GBP/USD has climbed above the 1.31 line for the first time in two weeks. Will the upward move continue?
- FX Empire
The Aussie Dollar Makes a Move as the Focus Shifts to the ECB and the EUR
Employment figures give the Aussie a boost as the focus shifts to the ECB. Will Lagarde follow the BoC with a dovish outlook to sink the EUR?
- FX Empire
GBP/USD Price Forecast – British Pound Explodes To The Upside
The British pound took off during the trading session on Wednesday as we have bounced from a major trend line, broken above the 50 day EMA, and then break even higher from there.
