Trading Ideas GBP/USD

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Thu, 25 May 2017 08:16:25 GMT

GBP/USD risks ending consolidation

US crude oil inventories dropped for the seventh consecutive time last week, official figures revealed on Wednesday.

Wed, 24 May 2017 08:43:39 GMT

GBP/USD: another drop expected

New home sales in the United States dropped more than expected last month, probably amid weaker demand.

Tue, 23 May 2017 09:53:40 GMT

GBP/USD attempts to prolong consolidation

On Monday, the British Prime Minister Theresa May had an interview with the BBC channel's Andrew Neil.

Mon, 22 May 2017 09:21:29 GMT

GBP/USD near 1.30

UK retail sales rebounded markedly last month despite the post-Brexit sharp fall in the value of the Pound.

Fri, 19 May 2017 09:10:04 GMT

GBP/USD remains in previous range

UK retail sales rebounded markedly last month despite the post=Brexit sharp fall in the value of the Pound.

Thu, 18 May 2017 09:54:07 GMT

GBP/USD above 1.30 mark

Pay growth in the United Kingdom dropped below inflation for the first time in more than two years, official figures revealed on Wednesday.

Wed, 17 May 2017 10:04:56 GMT

GBP/USD set for another quiet day

UK consumer inflation climbed more than expected last month amid the sharp fall in the value of the Pound caused by Britain's decision to leave the European Union.

Tue, 16 May 2017 08:24:58 GMT

GBP/USD puts consolidation trend at risk

On Monday, the British Prime Minister Theresa May, appointed after the country voted to leave the European Union on June 23, promised to extend British workers' rights in both workplace and boardroom.

Mon, 15 May 2017 10:56:42 GMT

GBP/USD on route to erasing last week's losses

Consumer prices in the United States advanced last month but less than analysts expected.

Fri, 12 May 2017 09:30:33 GMT

GBP/USD continues to consolidate

At its latest policy meeting, the Bank of England's Monetary Policy Committee voted by a majority of 7-1 to leave the bank rate at 0.25%, with Kristin Forbes being the only one favouring an immediate hike in rates on the back of an uptick in pipeline inflation pressures that, in her opinion, has pushed the CPI to somewhat uncomfortable levels.

Thu, 11 May 2017 08:57:42 GMT

GBP/USD attempts to break away from weekly PP

The US Import Price Index managed to post a larger-than-expected gain over the course of April, official data revealed on Wednesday.

Wed, 10 May 2017 10:28:19 GMT

GBP/USD strong above 1.2930

The number of job openings in the US rose in March, according to the JOLTS monthly report.

Tue, 09 May 2017 08:52:10 GMT

GBP/USD hovers above the weekly pivot point

A monthly report released by IHS Markit showed that change of house prices in the UK did not justify analysts' expectations. While majority of experts anticipated an increase of 0.1% in April, the revealed data showed the opposite result.

Mon, 08 May 2017 09:34:35 GMT

GBP/USD leaves 1.30 unchallenged

The US unemployment rate dropped unexpectedly last month, as companies created more jobs than expected.

Fri, 05 May 2017 08:28:54 GMT

GBP/USD continues flat

GBP/USD sustained its tendency of lacking momentum to move in any direction and opened flat for the fifth consecutive time, suggesting that the pair might take this path until it meets the bottom trend-line of the senior broadening wedge.

Thu, 04 May 2017 10:34:13 GMT

GBP/USD to continue slip

GBP/USD remained inside the bounds of an upward sloping channel pattern on the daily chart and opened the day with a slip further away from the upper boundary which it had managed to test twice over the last few weeks.

Wed, 03 May 2017 08:44:13 GMT

GBP/USD expected to return under 1.29

British manufacturing activity hit its best since 2014 last month, supported by a solid global economic recovery and the weak Pound.

Tue, 02 May 2017 09:06:17 GMT

GBP/USD to keep sliding down

The Purchasing Managers' Index for the US manufacturing sector grew less than analysts estimated.

Mon, 01 May 2017 09:11:16 GMT

GBP/USD to begin edging lower

The British economy expanded at a slower than expected pace in the three-month period to March, as consumers began feeling the impact of rising inflation amid the sharp fall in the value of the Pound.

Fri, 28 Apr 2017 08:19:09 GMT

GBP/USD: risks skewed to the downside

Orders for US-manufactured goods rose less than experts estimated in March, official figures revealed on Thursday.

Thu, 27 Apr 2017 08:51:20 GMT

GBP/USD: consolidation at risk

The Conference Board Consumer Confidence Index dropped more than experts estimated.

Wed, 26 Apr 2017 09:51:08 GMT

GBP/USD to bounce back from 1.2850

The Conference Board Consumer Confidence Index dropped more than experts estimated.

Tue, 25 Apr 2017 08:19:05 GMT

GBP/USD stuck between 1.2750 and 1.2850

Friday's data on British retail sales surprised many experts who did not expect such a notable change in March.

Mon, 24 Apr 2017 08:49:54 GMT

GBP/USD keeps gravitating towards 1.28

Friday's data on British retail sales surprised many experts who did not expect such a notable change in March.

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