Analytics

Forex News

Forex

GBP/USD testing highs near 1.4530 Pablo Piovano

08:46 23 May /2016 Forex

The sterling is now marginally up vs. the greenback, taking GBP/USD to the upper end of the range near 1.4530.

GBP/USD attention to ‘Brexit’

The pair is extending last week’s gains above the 1.4500 handle today as the recent USD rally seems to be losing some momentum, although gains appear somewhat capped by recent highs near 1.4700 the figure.

In the meantime, GBP remains vulnerable to results from the UK referendum polls. Latest figures from YouGov show the ‘Remain’ vote keeps leading with 44% and the ‘Leave’ vote with 40%.

GBP/USD levels to consider

As of writing the pair is advancing 0.12% at 1.4531 facing the immediate hurdle at 1.4666 (high May 19) ahead of 1.4770 (high May 3) and then 1.4815 (2016 high Jan.4). On the other hand, a breakdown of 1.4361 (20-day sma) would aim for 1.4337 (100-day sma) and finally 1.4330 (low May 16).

to other news

all news
USD/JPY: large early offers taking out 114 handle to the downside Ross J Burland

USD/JPY has dumped in Asia before the Tokyo open, falling from 114.49 to a low of 113.74 so far.USD/JPY is currently testing the handle to the downside after a quick recovery fro the lows, but the bears remain in control while the dollar remains o

03:00 23 January /2017 Forex

AUD/USD: Trump fuelled a sell-off in the greenback, but dollar could bounce back

AUD/USD is currently 0.7559 with a high of 0.7565 and a low of 0.7551.AUD/USD was able to rally at the end of last week as the dollar failed at highs of 101.50 and closed at 100.80, -0.4% on the day on the back of Trump's speech. Once again. Trump

02:23 23 January /2017 Forex

Trump: "Time for action!" - Watch to watch for now and how to trade Trump? - Nomura

Analysts at Nomura noted that President Trump said that the time for action had arrived and below is a list of what they will be watching in the days, weeks and months ahead. Key Quotes:Regulation"We expect Trump to call a pause in issuing new regulations in executi

02:23 23 January /2017 Forex