June 11: Fed pressing the risk off
The US Fed's dovish announcement last Wednesday made the USD gain against riskier currencies.
Tag - gbp
GBP: positive outlook
The British pound has been gaining since May 18 and it’s unlikely to stop. What are the reasons behind this?
June 8: limited optimism
The week starts positively, but on a milder note compared to some aggressive gains achieved recently; with the exception of the USD/JPY, the US dollar is generally weak.
GBP: strategic considerations
With the UK logically taking the side of the US in the Hong-Kong issue, what are possible consequences for the GBP?
GBP/USD: bearish “Crab” pattern
On the D1 chart of GBP/USD the price action conforms to the bearish “Crab” pattern.
June 4: the ECB meeting
The USD is trying to retrace losses versus other major currencies, while traders await comments from the ECB…
GBP: expect turbulence in June
The British pound entered summer higher against USD and EUR. What’s the reason?
May 26: S&P 500 passed 3000
The market sentiment is risk on today. It’s based on recovery dynamics and potential drug developments. Nevertheless, tensions between the USA and China remain in focus.
GBP: long-term risks
There are many things happening in the UK. What is the strategic outlook for the GBP?
May 22: US and China worsened the mood
Worries about tensions between the United States and China have pushed the USD up versus the EUR, the GBP, and the AUD…
How to trade EUR/GBP?
The way EUR/GBP bottomed around 0.8700, then rose above 0.8870 and jumped from the trendline support at 0.8910 shows that the pair possesses bullish momentum.
May 20: mixed moods
The market is mixed this Wednesday, with the AUD and the NZD tipping out on their recent bullish advances, oil consolidating at the local resistance level, and gold getting back to an upward trajectory.
