USD – The dollar gained slightly on Monday as Treasury yields rose on expectations the Federal Reserve will need to hike interest rates sooner than previously expected to quell rising price pressures. GBP – Sterling steadied near a 20-month high versus the euro on Monday after BoE Governor Bailey said that the central bank would have to act on the risk of...
HI there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for buy.
GBPUSD formed a cute bearish engulfing candle on a key level. Taking into consideation that we have not seen a pullback on a pair for quite a while the pair may drop now. Shorting is the only option. Please, Like This Post & Write a Lovely Comment
GBP FUNDAMENTAL BIAS: BULLISH 1. The Monetary Policy outlook for the BOE The Sep policy meeting from the BoE saw money markets rushing to price in a much faster and more aggressive policy path than previously expected. Even though this of course falls in line with our bullish bias for the Pound, we do think the market is a bit too aggressive too quick right...
USD – The dollar was slightly lower on Thursday in choppy trading, having erased most of its early session losses, as investors bet the Federal Reserve would begin tapering its asset purchases next month and attention turned to the timing of interest rate hikes. Indeed, Scotia Capital’s chief FX strategist stated: “I think what we’ve seen over the last day or...
GBP FUNDAMENTAL BIAS: BULLISH 1. The Monetary Policy outlook for the BOE The Sep policy meeting from the BoE saw money markets rushing to price in a much faster and more aggressive policy path than previously expected. Even though this of course falls in line with our bullish bias for the Pound, we do think the market is a bit too aggressive too quick right...
GBP – Sterling rose on Monday after the Bank of England said inflation levels in Britain were concerning and urged Britons, in interviews published over the weekend, to get ready for earlier interest rate increases. BoE Governor Bailey stressed the need to prevent inflation from becoming permanently embedded above the 2% target, while Saunders said households...
GBP FUNDAMENTAL BIAS: BULLISH 1. The Monetary Policy outlook for the BOE The Sep policy meeting from the BoE saw money markets rushing to price in a much faster and more aggressive policy path than previously expected. Even though this of course falls in line with our bullish bias for the Pound, we do think the market is a bit too aggressive too quick right...
GBP FUNDAMENTAL BIAS: BULLISH 1. The Monetary Policy outlook for the BOE The Sep policy meeting from the BoE saw money markets rushing to price in a much faster and more aggressive policy path than previously expected. Even though this of course falls in line with our bullish bias for the Pound, we do think the market is a bit too aggressive too quick right...
GBP FUNDAMENTAL BIAS: BULLISH 1. The Monetary Policy outlook for the BOE The Sep policy meeting from the BoE saw money markets rushing to price in a much faster and more aggressive policy path than previously expected. Even though this of course falls in line with our bullish bias for the Pound, we do think the market is a bit too aggressive too quick right...
Long position taken because the price started a bullish trend from a daily demand zone and also it broke last week high and a 4H supply zone, so I took a long position. R/R = 1:1.86
EURGBP recently reached 0.866 - 0.868 major resistance cluster. Then the price dropped sharply. Bears managed to break a support line of a bearish flag pattern on a daily. It may lead to a further decline. If you missed shorting opportunity, consider the retest of the broken support as the point to sell from. Next goal for sellers - 0.846 ❤️Please, support...
CAD – The Canadian dollar found support on Tuesday from rising oil prices and a further widening of its trade surplus in August’s report. Analysts note that Friday’s employment report is also likely to be positive and support ongoing expectations for a further reduction in bond purchases. GBP – Sterling rose to a three-week high against the euro on Tuesday,...
GBP FUNDAMENTAL BIAS: BULLISH 1. The Monetary Policy outlook for the BOE The Sep policy meeting from the BoE saw money markets rushing to price in a much faster and more aggressive policy path than previously expected. Even though this of course falls in line with our bullish bias for the Pound, we do think the market is a bit too aggressive too quick right...
GBP FUNDAMENTAL BIAS: BULLISH 1. The Monetary Policy outlook for the BOE The Sep policy meeting from the BoE saw money markets rushing to price in a much faster and more aggressive policy path than previously expected. Even though this of course falls in line with our bullish bias for the Pound, we do think the market is a bit too aggressive too quick right...
GBP FUNDAMENTAL BIAS: BULLISH 1. The Monetary Policy outlook for the BOE The Sep policy meeting from the BoE saw money markets rushing to price in a much faster and more aggressive policy path than previously expected. Even though this of course falls in line with our bullish bias for the Pound, we do think the market is a bit too aggressive too quick right...
GBP FUNDAMENTAL BIAS: BULLISH 1. The Monetary Policy outlook for the BOE The Sep policy meeting from the BoE saw money markets rushing to price in a much faster and more aggressive policy path than previously expected. Even though this of course falls in line with our bullish bias for the Pound, we do think the market is a bit too aggressive too quick right...
GBP FUNDAMENTAL BIAS: BULLISH 1. The Monetary Policy outlook for the BOE The Sep policy meeting from the BoE saw money markets rushing to price in a much faster and more aggressive policy path than previously expected. Even though this of course falls in line with our bullish bias for the Pound, we do think the market is a bit too aggressive too quick right...