Home / Tag Archives: GBP/USD

Tag Archives: GBP/USD

Feed Subscription

Pound fluctuates on Supreme Court ruling; Loonie jumps on pipeline deal

Pound fluctuates on Supreme Court ruling; Loonie jumps on pipeline deal

The pound see-sawed in today’s European session as the British currency saw volatility both before and after the Supreme Court’s ruling on the triggering of Article 50. The US dollar recovered from earlier lows, while the Canadian dollar surged after ...

Read More »

GBP/USD takes a breath after Tuesday’s rally

GBP/USD takes a breath after Tuesday’s rally

"While the near-term landscape argues for some volatility, we think the chances for GBPUSD to squeeze meaningfully higher are limited." – TD Securities (based on PoundSterlingLive) GBP/USD Outlook On Tuesday the GBP/USD pair experienced the strongest rally in almost 20 ...

Read More »

British Pound surges above $1.23 on May Brexit speech

British Pound surges above $1.23 on May Brexit speech

British Prime Minister Theresa May delivered her much-awaited speech on Brexit today. PM May didn’t give much details on the specifics of the Brexit process but she outlined the broader framework for Britain’s departure from the EU. May stated that ...

Read More »

Theresa May & Brexit Plan: Bearish Outlook For GBP/USD

Theresa May & Brexit Plan: Bearish Outlook For GBP/USD

The first day of the week came in with lack of fundamentals and liquidity, while volatility picked up on the rising fears of Brexit. However, rising volatility is what we all need to jump in to new opportunities. In today’s ...

Read More »

GBP/USD surges ahead of UK May’s speech

GBP/USD surges ahead of UK May’s speech

"Every time there's 'hard Brexit' headlines, that triggers a fresh bout of selling sterling." – MUFG (based on Business Recorder) GBP/USD Outlook As was anticipated, the British Pound partially recovered from the bearish gap yesterday, but with the 1.21 level ...

Read More »

GBP/USD attempts to recover from weekend’s drop

GBP/USD attempts to recover from weekend’s drop

"Even if the pound recovers somewhat in London, it seems as though the realities of a hard Brexit are still not fully priced in. It is difficult to make the case for the pound to avoid testing, probably breaking, the ...

Read More »

Dollar extends employment report gains while pound drops on ‘hard Brexit’

Dollar extends employment report gains while pound drops on ‘hard Brexit’

The US dollar managed to maintain Friday’s gains or even extend them against certain currencies during Monday’s Asian trading. Particularly against the Japanese yen the dollar climbed to around 117.50, while against the euro it traded at 1.0531. The dollar ...

Read More »

BoE may start lifting interest rates around turn of year

BoE may start lifting interest rates around turn of year

"In my view, the decision as to when to start such a process of adjustment will likely come into sharper relief around the turn of this year" - Mark Carney, BoE Governor Bank of England Governor Mark Carney hinted that ...

Read More »

British Pound Looks Like a Buy, but at What Price and When?

British Pound Looks Like a Buy, but at What Price and When?

By David Rodriguez, Quantitative Strategist Fundamental Forecast for British Pound: Bullish - British Pound may be at risk versus the US Dollar as it stops and reverses at key technical resistance - Longer-term technical patterns nonetheless suggest the GBP may ...

Read More »
Scroll To Top