GBPUSD=X - GBP/USD
| Previous Close | 1.32 |
| Open | 1.32 |
| Bid | 1.32 |
| Day's Range | 1.318 - 1.323 |
| 52 Week Range | 1.19952 - 1.36158 |
| Ask | 1.319 |
- FX Empire•19 hours ago
Midday Forex Snapshot – October 19, 2017
Euro/Dollar shows little rate movement – high and low difference is 43 pips and traded volume is extremely low. A neutral sentiment of the traders is 1% short. Rate movement is relatively flat and trading has been slow, so no significant moves in funds are likely. Pound/Dollar gained some ground, but the following decline has … Continue reading Midday Forex Snapshot – October 19, 2017
- FX Empire•23 hours ago
Weekly Technical Outlook: GBP/USD ; Market Forecasts for October 23rd – October 27th
Resistance level 1.3210, 1.3279, 1.3349 Pivot Level 1.3167 Support Level 1.3097 Technical Analysis The GBP/USD pair closed weekend is trading above the 1.3167 level and gets a good support base that reinforces the expectations of continuing the bullish bias. This provides signals for the price recovery in the upcoming days. The pair is supported by … Continue reading Weekly Technical Outlook: GBP/USD ; Market Forecasts for October 23rd – October 27th
- FX Empire•yesterday
EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – October 23, 2017
EUR/USD The pair broke down significantly lower towards the 1.1775 level during Friday’s session as Fed is turning hawkish going into the future which will lead to the strengthening of US dollar. The pair has a strong support at the 1.17 handle and market has also given an upside breakout earlier from this level. Overall, the … Continue reading EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – October 23, 2017
- FX Empire•yesterday
Abenomics Continue Into 2021?
Japanese Prime Minister Shinzo Abe’s party has won a resounding, albeit not surprising, victory in Japan’s election on Sunday. The victory will maintain Japan’s ultra-easy monetary policy for the foreseeable future. The markets had been concerned that Abe’s economic policy would have been disrupted if his party did not maintain their “super majority” two-thirds win in … Continue reading Abenomics Continue Into 2021?
- FX Empire•yesterday
Daily Market Forecast, October 23, 2017 – EUR/USD, Gold, Crude Oil, USD/JPY, GBP/USD
The U.S Dollar has remained resilient. The Yen has been sold off as the Nikkei Index continues to track upwards and in the wake of Prime Minister Abe’s election victory on Sunday. Gold remains under pressure and is battling headwinds. USD/JPY: Victory by Prime Minister Abe Secures Policy The Yen has continued to get weaker … Continue reading Daily Market Forecast, October 23, 2017 – EUR/USD, Gold, Crude Oil, USD/JPY, GBP/USD
- FX Empire•yesterday
Monday Support and Resistance Levels – October 23, 2017
Good Monday morning, the team is here with this week’s first Support and Resistance Level Report. We start with traders’ favourite pair, the Euro/Dollar, which has R1 of 1 18 and S1 of 1 1760. Standing near a 20 day moving average, R1 is well confirmed with 11 models. R2 counts a 50 day moving … Continue reading Monday Support and Resistance Levels – October 23, 2017
- FX Empire•yesterday
GBP/USD Daily Fundamental Forecast – October 23, 2017
The GBPUSD pair recovered well towards the second half of Friday and managed to close near the 1.32 region which now points to the possibility that this week could serve to be better for the pound bulls. The trading in the pair was choppy at best, as far as last week was concerned, as the … Continue reading GBP/USD Daily Fundamental Forecast – October 23, 2017
- FX Empire•2 days ago
Pound Struggles, NAFTA weighed on the Loonie and Catalonia Still Hanging over the Euro
Following a rise in UK inflation, the GBP struggled against the dollar, How would you sum up Sterling’s week and where do you see it going next? It’s been a dire week for the Pound, with inflation’s rise to 3% doing little in terms of support with the new BoE Deputy Governor stating that he … Continue reading Pound Struggles, NAFTA weighed on the Loonie and Catalonia Still Hanging over the Euro
- FX Empire•2 days ago
Weekly Forex Technical Analysis, Oct 23 – Oct 27, 2017
The US Dollar closed the previous week slightly higher on Fed members’ comments and hawkish sentiment. Currently, investors had priced in a roughly 91.7 percent probability of a rate increase in December. In the week ahead, investors will closely watch: UK Q3 Growth Domestic Product on Wednesday at 9:30 GMT Bank of Canada Rate Decision on Wednesday at 15:00 GMT … Continue reading Weekly Forex Technical Analysis, Oct 23 – Oct 27, 2017
FX Empire•3 days agoGBP/USD forecast for the week of October 23, 2017, Technical Analysis
The British pound spent a great deal of the week falling, slicing through the 1.3250 level, and then aiming towards the 1.31 level underneath. However, there was a bit of support in that area, and I certainly think that the 1.30 level is massively supportive. Because of this, it’s likely that the market will continue … Continue reading GBP/USD forecast for the week of October 23, 2017, Technical Analysis
- FX Empire•3 days ago
GBP/USD Fundamental Analysis – week of October 23, 2017
Like the euro, the pound also spent much of the week in a consolidation manner and at the end of the week, it had gone nowhere. This has been the case with many other currencies against the dollar which has managed to hold its own despite the incoming data from the US being choppy. This … Continue reading GBP/USD Fundamental Analysis – week of October 23, 2017
- FX Empire•4 days ago
Good trading setups for the end of the week
EURJPY defended the 131.9 support (green) and from that point, the upswing has started. The price went significantly higher, breaking the upper line of the pennant and then later, successfully testing it as a support. Buy signal is on and the first aim is the highs from the September. WTI Oil is in the long-term … Continue reading Good trading setups for the end of the week
- FX Empire•4 days ago
Forex Trading Signals – October 20, 2017
These are the Friday’s Daily Trading Signals and here’s how the technical studies line up with the interbank sentiment at 8 AM GMT. Most of the hourly studies are pointing South for the Euro/Dollar. Mid term outlook is neutral and long term brings mixed results. Interbank sentiment is bullish at 17% long. Pound/Dollar has an … Continue reading Forex Trading Signals – October 20, 2017
- FX Empire•4 days ago
Friday Support and Resistance Levels – October 20, 2017
Good morning traders, the team is here with this week’s last Support and Resistance Level Report. Euro/Dollar has lost some ground and now stands below R1 of 1 1830 and above S1 of 1 18. The lowest resistance line has found 5 matches, and Bollinger Upper Band is among the 3 models for R2. R3 … Continue reading Friday Support and Resistance Levels – October 20, 2017
- FX Empire•4 days ago
EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – October 20, 2017
EUR/USD Initially, the market went in sideways direction during the Thursday’s session but later fell downward. The market at the 1.18 level offers a good support base extending towards the 1.19 level. The pair rallied upwards and continues to find good buying opportunities. The market is expected to rally towards the psychologically important 1.20 level … Continue reading EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – October 20, 2017
- FX Empire•4 days ago
With Abe Looking Set to Take the Weekend Election in Japan, Focus Remains on the Dollar and the Effects of Spain on the EUR
Earlier in the Day: There were no material stats released through the Asian session today, as the markets struggle with a number of driving forces through the week. On Thursday, we saw the Kiwi Dollar slump 1.71% in response to NZ First’s decision to side with Labour in a coalition government, with further declines being … Continue reading With Abe Looking Set to Take the Weekend Election in Japan, Focus Remains on the Dollar and the Effects of Spain on the EUR
FX Empire•4 days agoGBP/USD Forecast October 20, 2017, Technical Analysis
The GBP/USD pair initially went sideways on Thursday, then fell towards the 1.3150 level, where we found buyers and have now turned around to show signs of strength again. Because of this, the market looks very likely to continue to grind overall, but I think that the 1.3250 level above is going to be the … Continue reading GBP/USD Forecast October 20, 2017, Technical Analysis
- FX Empire•4 days ago
GBP/USD Daily Fundamental Forecast – October 20, 2017
The pound moved higher during the first half of the day as the Brexit talks seemed to have some progress at last. The talks have been going on for a few weeks now but so far, it has been a stalemate with not much progress on any side and there has also been talk of … Continue reading GBP/USD Daily Fundamental Forecast – October 20, 2017
- Investing.com•5 days ago
Euro Hits 1-Week High, New Zealand Dollar Skids
Investing.com - The euro rose to one-week highs on Thursday as investors shrugged off political uncertainty in Spain ahead of next week’s European Central Bank meeting, while the New Zealand dollar skidded to the lowest levels in five months.
- FX Empire•5 days ago
Midday Forex Snapshot – October 19, 2017
Euro/Dollar hit the low of 1 1768 shortly after 8 AM, but the following rise puts the pair point 34% in the green. Turnover is low and sentiment of the traders is neutral, short positions are up by 2%. Decline provided bears with their chances, but the following rise was good news for bulls. Pound/Dollar … Continue reading Midday Forex Snapshot – October 19, 2017
- FX Empire•5 days ago
Forex Trading Signals – October 19, 2017
Find out how the interbank compares with the technicals at 8 AM GMT. These are the Main Daily Trading Signals. Euro/Dollar’s hourly chart is divided between red and neutral models. The mid-term sees 5 bullish signals, and the long-term is mostly neutral. Bullish at more than 15% long, the interbank confirms the 4-hour models. The … Continue reading Forex Trading Signals – October 19, 2017
- FX Empire•5 days ago
Bank of England Faces Conundrum, Pound Trades Lower
On Wednesday, data released by the UK Office for National Statistics (ONS) showed average weekly earnings (excluding bonuses) rose 2.1% in August – slightly higher than the 2% forecast. However, in real terms, due to higher inflation, they fell 0.4% on the year before. The swaps market is expecting an 80% chance of a rate … Continue reading Bank of England Faces Conundrum, Pound Trades Lower
- FX Empire•5 days ago
Daily Market Forecast, October 19, 2017 – EUR/USD, Gold, Crude Oil, USD/JPY, GBP/USD
The Euro has gained moderately against the U.S Dollar. Spain may be in focus for Euro traders today. Gold has continued to lose some ground as global equities have kept their bullish rallies moving forward. EUR/USD: Euro Ebbs Higher The Euro remains near the 1.18 level against the U.S Dollar. Political circumstances in Spain are … Continue reading Daily Market Forecast, October 19, 2017 – EUR/USD, Gold, Crude Oil, USD/JPY, GBP/USD
- FX Empire•5 days ago
EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – October 19, 2017
EUR/USD The pair has been trading higher on the back of dollar weakness and also due to the fact that the tapering of the QE is something that is still very much on the horizon. The pair seems to be caught in a large range and hence the move higher has to be viewed as … Continue reading EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – October 19, 2017
- FX Empire•5 days ago
Thursday Support and Resistance Levels – October 19, 2017
Hello traders, the team is here with Thursday’s Support and Resistance Level Report. Euro/Dollar has been trending higher and now stands between R1 of 1 1820 and S1 of 1 1790. The lowest resistance line has found 6 matches, and R2 is a 50 day moving average with 5 confirmations. Bollinger Upper Band is among … Continue reading Thursday Support and Resistance Levels – October 19, 2017
