GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
PREMIER AFRICAN MINERALS LIMITED ORD NPV (DI), LLOYDS BANKING GROUP PLC ORD 10P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), LOCATION SCIENCES GROUP PLC ORD 0.01P, VODAFONE GROUP PLC ORD USD0.20 20/21, POWERHOUSE ENERGY GROUP PLC ORD 0.5P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Bounce off bottom with a bullish divergence and now we are on a bearish divergence so we are bound to fall a little and quite possibly retest the 200ma at some point.
50% fibs might not hold above it.
I am looking that GBPUSD is on a strong downtrend but it is trying to re-test the highs of the channel. It is making a nice rebound from the lower part of the Bollinger band so if it breaks the channel, we may see a long uptrend.
Let's see, I am adding a SHORT if it fails to break the channel but most likely scenario will be it will go up.
The Fibonacci levels show the depth of the price. It's possible that the dollar can grow. But this is not a reliable idea but a good input if you take a short stop loss. I increased it and I risk it ..
sell on 181 pips wery good
Compare investing in a S&P 500 ETF, for an investor based in GBP currency. With dividends reinvested.
vs S&P500 ETF tracked in USD
vs FTSE100 ETF tracked in GBP
For comparison, how much returns are due to underlying vs currency effects.
The US dollar is under the thumb of the president who got a handful of nothing during his visit to China. It’s interesting that yesterday Trump did not blame China for the trade balance deficit, but today he told the US ‘can no longer tolerate these chronic trade abuses’. Bad night, probably.
As it turned out, the Senate version of the bill differs a lot from the ...
GBP leads the outsiders today, and we think it is time to buy it. The Pound is a tricky currency: it can grow even when the dollar is strong. On Monday, GBP was one of the leaders of the trades.
Of course, there are all these good old GBP-negative factors, such as concerns over Brexit negotiations, the political situation in the UK and that ‘dovish’ hike by the ...
We waited for it too long (almost 10 years, actually) and it happened. The Bank of England pushed interest rates up to the pre-Brexit levels. Over a year ago, the Bank made an emergency rate-cut from 0.5% to 0.25%. Ramsden and Cunliffe became the dissidents as expected.
We agree with those who think that today’s step did not mean the start of a gradual ...
Despite quite hawkish commentaries by Mark Carney, GBP/USD started falling. What's wrong with the pound?
The UK CPI index matched estimates at 3.0% yoy and 0.3% mom. Core inflation index, excluding food and energy, came in at 2.7% yoy. This data has not impressed the markets. However, GBP/USD made a good move touching today’s highs at 1.3280, but later retreated ...
“Brexit talks have reached deadlock”, told Barnier today.
These are probably the last words one wants to hear when discussing any negotiations.
At the beginning of the day, GBP/USD advanced to 1.3265. But, no news on Brexit negotiations is bad news for the Pound. The British currency plummeted 100-pips and now is struggling near the support area at 1.3130. The ...
Today is good opportunity to take advantage of thin liquidity amid some holidays in USA and Canada.
GBP finally received a much-needed respite. Last week the pair lost almost 3 figures and tested 1.30 handle. There was a reason to worry - Theresa May’s unstable political position.
It seems that today the clouds dissipated for the prime minister, as the jitters on ...
A very calm day for the markets. To some extent because of holidays, to some extent because of strikes. The UK provided the markets with some macro- and economic news.
GBP/USD posted a session low at 1.3230 in the morning. Some buyers were waiting for the pair at these levels and it moved towards the 1.3300 handle before the soft data on construction PMI was ...
Who is under bad luck these days? Who showed wild dances today in the morning? Right, it is the Sterling. One may think what could be the problem since Carney's commentaries should have benefitted the GBP growth.
The Bank of England governor told raising interest rates might be appropriate if the economy stayed on track. Even though he added that tightening ...
The Pound is alive and kicking, although monetary officials are not satisfied with its appreciation. Yesterday, the Bank of England governor tripped up Cable by saying that monetary policy may have to "move in order to stand still" due to possibility that global equilibrium interest rates are rising.
Despite the possibility of rate hike is looming somewhere in the ...
We knew it from the moment the MPC uttered: “…some withdrawal of monetary stimulus is likely to be appropriate over the coming months” - the pound was bound to rise.
Cable managed to jump to 1.3616 hitting fresh 14-month high on the comments of the BOE member. Gertjan Willem Vlieghe commented that bank rates will have to rise soon and may need more than one ...
I believe the market will retrace back to the previous support line because it going in long upward channel.
Looking at the previous bars, we can see that the support line was once a resistance line several times. Last time the market hit the support lone, it shot up quite considerably so I can safely assume it will do that again because markets like to follow a ...
GBPUSD has lost almost 100 pips during the first half of the day even though retails sales data came out better than expected. Asusual, it’sallaboutmarketsentimentandexpectations.
Retail sales has come significantly above expectations (0.6% mom, 2.9% yoy vs 0.4% mom, 2.5% forecast). But right before the data cable was hit hard by the news that Theresa May is ...
interesting that although usdx looks like it broke up if you use a more even calculation across the majors there is much more res and no break
a red there im going to think US will be down next few months