US Dollar Pushes Higher, EURUSD and GBPUSD Suffers - US Market Open
USDCAD Eyes 2019 Lows, GBPUSD Rises on Short Squeeze - US Market Open
Reports that the British Pound could slump to parity with the US Dollar suggest that negativity towards Sterling is now so pervasive that GBPUSD could be ripe for a recovery.
US Dollar Outlook: GBPUSD, USDJPY, USDCAD Price Action Set-Ups
USDCAD at 2019 Lows, EURUSD Dips on ECB Dove, GBPUSD Stabilises
EURUSDs retreat from resistance may be alleviated if US economic data underperforms and boosts rate cut expectations. Meanwhile, GBP will be eyeing commentary from BoE officials.
Sterling turned from yearly open resistance today & leaves the recent advance vulnerable into the June close. Here are the levels that matter on the GBP/USD price chart.
FTSE 100 vs FTSE 250: Impact of GBPUSD and Brexit Outlook
The US Dollar downtrend paused, saved by rising trend support, as Fed rate cut bets cooled on fading US-Mexico trade tensions. GBP sunk on largest contraction in manufacturing data since 2002.
USD Bounces Off 200DMA, MXN Rallies as Trump Suspends Tariffs - US Market Open
GBPUSD Choppy, Theresa May Resigns, What Next? - US Market Open
The GBP/USD downtrend may accelerate on bearish-contrarian signals with confidence of a Brexit deal persistently fading. The Canadian Dollar is benefiting from USMCA talk progress.
The GBP/USD downtrend eyes November lows on a more uncertain Brexit outlook. Reports that US-China trade talks stalled may boost the anti-risk Japanese Yen as the Nikkei 225 falters.
GBPUSD is stable at close to the 1.30 mark after last weeks falls but will likely break to the downside unless there is progress in the Brexit talks between the Conservatives and Labour.
Sterling failed to gain some ground as both EURGBP and GBPUSD were trading flat after UK GDP figures were in line with expectations.
GBP/USD surged, heading for resistance amidst pressures in the UK to get a Brexit deal, BoE rate hike bets brewing. S&P 500 gains may translate into follow-through for Asia as Yen falls.
Sterling is down more than 3.8% form the yearly highs with price now testing key technical support. Here are the targets & invalidation levels that matter on the GBP/USD charts.
USD Gains Awakens Currency Volatility, EUR and GBP Pressured - US Market Open
Sterling broke a multi-month consolidation pattern last week with price now eyeing broader uptrend support. Here are the levels that matter on the GBP/USD weekly chart.
USD Back on the Throne, EUR Drops, GBP Bounces Off Support - US Market Open