Trading Ideas GBP/USD

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Fri, 06 Nov 2015 08:55:54 GMT

GBP/USD on the edge of breaching long-term support

Today's chart is showing a rather pessimistic Sterling performance.

Thu, 05 Nov 2015 08:48:15 GMT

GBP/USD to retake 1.54

On the day before the UK Bank Rate Votes, the Sterling appreciated against most major peers with exception against the Swissie and US Dollar.

Wed, 04 Nov 2015 09:20:53 GMT

GBP/USD risks falling under 1.54

Despite a poor reading of the UK Construction PMI, the Sterling appreciated against most major peers.

Tue, 03 Nov 2015 08:03:02 GMT

GBP/USD takes another shot at 100-day SMA

The Pound managed to post solid gains (0.40%) only against the New Zealand Dollar, despite a strong reading of the UK Manufacturing PMI.

Mon, 02 Nov 2015 08:51:12 GMT

GBP/USD sets eye on 1.55

The Sterling appreciated against most major peers on Friday and over the weekend, with exception against the commodity currencies.

Fri, 30 Oct 2015 09:11:43 GMT

GBP/USD attempts to close the week above 1.53

The British Pound managed to appreciate against most major peers, with exception against the Swiss Franc and the Euro.

Thu, 29 Oct 2015 07:42:17 GMT

GBP/USD in limbo, awaits trade trigger

The Pound posted gains against most of its major peers, with exception against the US and Canadian Dollars.

Wed, 28 Oct 2015 08:04:21 GMT

GBP/USD's decline delayed by 1.51

The Pound continues to balance between the gains and losses versus its major counterparts, even though the fundamentals were not at all favourable yesterday for the UK currency.

Tue, 27 Oct 2015 07:59:08 GMT

GBP/USD supported by monthly PP

The Sterling held relatively well yesterday, considering the bearish fundamentals. The currency outperformed (CHF, USD, CAD) and underperformed (EUR, AUD, NZD) the same number of currencies, while staying unchanged with respect to the Japanese Yen (-0.05%).

Mon, 26 Oct 2015 08:45:45 GMT

GBP/USD denied by 1.55

Performance of the British Pound on Friday was mixed. The currency managed to gain against the Euro (+0.30%), but at the same time the Sterling gave up 0.65 and 0.52% of its value in terms of the Australian and US dollars respectively.

Fri, 23 Oct 2015 07:53:31 GMT

GBP/USD makes effort to retake 1.54

The Sterling rallied against some major peers on Thursday, but declined against the others.

Thu, 22 Oct 2015 08:14:46 GMT

GBP/USD extends consolidation, to jump towards 1.55

The British currency advanced against most major peers on Wednesday, amid the narrowing between the spending and income in the public sector.

Wed, 21 Oct 2015 08:23:22 GMT

GBP/USD to test 1.55 once more

The Pound declined against most major peers on Tuesday, with exception against the Kiwi and the Yen.

Tue, 20 Oct 2015 07:58:24 GMT

GBP/USD attempts to break out of its current trading range

The Sterling appreciated against other major currencies on Monday.

Mon, 19 Oct 2015 08:04:12 GMT

GBP/USD remains stuck between 55 and 100-day SMAs

The British Pound appreciated against most major peers on Friday and over the weekend, with exception against the US Dollar.

Fri, 16 Oct 2015 08:07:11 GMT

GBP/USD in tight range between 1.5415 and 1.5485

The Sterling suffered losses against most major peers, with exception against the Euro, where it gained 0.62%.

Thu, 15 Oct 2015 07:50:16 GMT

GBP/USD in limbo, awaits US data

In spite of poor Average Earnings Index and Claimant Count Change readings, the Sterling managed to appreciate against most major peers due to a better-than-expected Unemployment Rate figure.

Wed, 14 Oct 2015 08:07:04 GMT

GBP/USD attempts to return to 1.53

The British Pound declined against most major peers on Tuesday, due to poor inflation data.

Tue, 13 Oct 2015 08:48:14 GMT

GBP/USD still glued to 1.53

The British currency experienced mixed performance on Monday, as it appreciated against some major peers and declined against the others.

Mon, 12 Oct 2015 08:37:09 GMT

GBP/USD attempts to break away from 1.53

The Sterling declined against most major peers on Friday and over the weekend, amid worse-than-expected Trade Balance figures.

Fri, 09 Oct 2015 07:47:15 GMT

GBP/USD takes another crack at weekly R3

The British Pound suffered losses against most major peers, with the largest ones recorded against the commodity currencies.

Thu, 08 Oct 2015 08:20:35 GMT

GBP/USD muted, awaits interest rate decisions

The Pound appreciated against most major peers on Wednesday, amid a better-than-expected Manufacturing Productions report.

Wed, 07 Oct 2015 08:15:21 GMT

GBP/USD takes another crack at weekly R1

The Sterling experienced mixed performance on Tuesday, amid the Halifax HPI declining more than anticipated.

Tue, 06 Oct 2015 07:56:44 GMT

GBP/USD anchored around 1.5150

The Sterling declined against most major peers, amid a weaker-than-anticipated Services PMI reading yesterday.

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