Bank of England Leaves Rates Unchanged, GBP Price Volatile
The Bank of England has left its key interest rate and all its other monetary policy settings unchanged, as expected, but comments by Mark Carney are causing volatile moves in GBP.
Sterling Price Outlook: GBP/USD Bears Grind into Trend Support
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.
Sterling Weekly Price Outlook: GBP/USD Breakdown Searches for Support
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.
Sterling Price Outlook: Pound at Key Support as Brexit Saga Continues
Sterling is trading within the confines of a near-term consolidation pattern just above key support. Here are the levels that matter on the GBP/USD charts this week.
Weekly Fundamental Forecast: Recession and Brexit Worries face QE and Trade Talk Hopes
Risk trends still have the fundamental winds to their back, and speculatively-dependent assets such as equities and commodities have benefited. Yet, the balance of power and themes into the second quarter looks far less convincing than how markets have performed. Trying to untangle trade wars and unequipped central banks ramping
GBPUSD: Brexit Latest Pushes Overnight Implied Volatility to Extremes
Spot GBPUSD could skyrocket or plummet over the next 24-hours according to implied volatility priced in to overnight option contracts as the Brexit saga continues.
GBPUSD: Sterling Rises After MPs Vote Down No-Deal Brexit
GBP pushes higher after British Parliament rejects no-deal Brexit with the passing of Amendment F, but uncertainty remains about tomorrow's vote on Article 50.
Weekly Fundamental Forecast:Trade Wars and Shutdown Fears Fade, Have We Entered a New Phase of Risk Appetite
Two of the most systemic fundamental threats facing the financial system have eased this past week in the avoidance of a second US government shutdown
Crude Oil Technical Price Outlook: WTI Pullback Testing Pivot Support
Crude prices are off nearly 3% since the open with oil now testing a near-term inflection zone. Here are the targets & invalidation levels that
