GBP/USD Under Pressure as USD Outperforms - Fed, BOE and Brexit Loom
TALKING POINTS:
Euro Gaps Lower vs British Pound Ahead of ECB, Brexit Volatility
The British Pound and the Euro will be closely watching how Brexit negotiations unfold as the October 31 deadline approaches.
GBP/USD Price Outlook: Sterling Surges on Latest Brexit Vote
GBPUSD continues to extend its retracement higher with the British Pound pushing higher as UK Parliament moves closer toward preventing no-deal Brexit.
Brexit Latest: British Pound Climbs as Parliament Vote Passes
The British Pound is clinging on to its recent rebound from multi-year lows following the latest Brexit development which puts MPs in control of Parliaments agenda and reduces no-deal Brexit risk.
GBP/USD Breaks Down to Flash Crash Lows on Brexit Showdown
GBP/USD Breaks Down to Flash Crash Lows on Brexit Showdown
US Dollar Shrugs off Treasury Intervention Comment, AUD May Rise
The US Dollar shrugged off news that the Treasury Department is holding off on USD intervention “for now”. Ahead, downside AUD/USD progress may be impeded by local private Capex data.
GBP Price Outlook: Brexit Fears Spike, British Pound Sinks
The Sterling came under renewed selling pressure in response to the latest Brexit development with PM Boris Johnson aiming to strengthen his hand and steer the UK closer toward no-deal by suspending Parliament.
GBP/USD Downtrend Held as Yen Rose Amid Trump-China Call Dispute
The British Pound soared as “no-deal” Brexit bets cooled, but the GBP/USD dominant downtrend held on chart resistance. Disputes over the Trump-China phone call boosted the Japanese Yen.
EURUSD Price Under Pressure After EU/German Sentiment Crashes
The latest ZEW economic sentiment reading ‘points to a significant deterioration in the outlook for the German economy’. And the outlook for the EU is just as bad.
GBPUSD Rate Vulnerable to Slowing UK Inflation, Retail Sales
Fresh data prints coming out of the UK may do little to heighten the appeal of the British Pound amid the growing threat of a no-deal Brexit.
FX Week Ahead - Top 5 Events: July UK Inflation Report & GBP/USD Rate Forecast
The July UK inflation report (consumer price index) is due out on Wednesday, August 14 at 08:30 GMT, but the data will continue to be overshadowed by Brexit.
GBP/USD: Pound Sterling Eyes Q2 GDP Amid Rising Brexit Risks
The British Pound faces major event risk with UK Q2 GDP data due for release Friday which looks to provide the latest health check on the British economy amid prolonged Brexit uncertainty.
GBP/USD Downtrend Targets March 2017 Low, No-Deal Brexit Fears Boil
The GBP/USD is now exposed to March 2017 lows over rising concerns over a “no-deal” Brexit. Ahead, the anti-risk Japanese Yan may look past the Bank of Japan for more prominent risk.
GBP Slumps as CBI Warns Neither UK nor EU are Ready for No-Deal
Industry experts have warned that a no-deal Brexit would be damaging for both UK and EU industries and neither are prepared to counteract the disruption. GBPUSD eyeing 28-month lows.
Further Sterling (GBP) Weakness Likely if Johnson Becomes PM
As the new Prime Minister is set to be announced at 11.00 UK time GBP may continue to lose ground if Boris Johnson is confirmed to be the new PM.
Sterling Price Chart: British Pound Testing Post-Brexit Support
Sterling is testing a critical support confluence just below the January lows - the battle lines are drawn. Here are the levels that matter on the GBP/USD weekly chart.
UK Jobs Data Fails to Cheer Up GBP Pairs, Focus on Carney Speech
Sterling (GBP) continued its sell off pressure on Tuesday as UK jobs data provided a mixed sentiment, pushing GBPUSD and GBPEUR to year-lows.
GBPUSD Outlook: From a Contrarian Perspective, a Sterling Rally is Due
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.
EURUSD Retreat May be Mitigated by US Data - GBP Eyeing BoE
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.
EU-Swiss Exchange Battle Continues, Swiss Exchanges May Create a Monopoly
As the deadline for a treaty agreement approaches and no deal seems to be in place, Swiss companies could lose their access to European investors if the EU does not grant Swiss exchanges an extension of their equivalence conditions