US Dollar Saved by Rising Support, GBP Plummets on Dismal UK Data
The US Dollar downtrend paused, saved by rising trend support, as Fed rate cut bets cooled on fading US-Mexico trade tensions. GBP sunk on largest contraction in manufacturing data since 2002.
GBP/JPY Support Taken Out on Brexit Talks, Japanese Yen May Rise
The GBP/JPY downtrend may accelerate with key support taken out under 143.79 on Brexit talks, US-China trade deal in focus. Sentiment warns bearish USD/JPY contrarian trading bias.
Sterling Price Outlook: GBP/USD Bears Grind into Trend Support
Sterling is down more than 3.8% form the yearly highs with price now testing key technical support. Here are the targets & invalidation levels that matter on the GBP/USD charts.
Sterling Weekly Price Outlook: GBP/USD Breakdown Searches for Support
Sterling broke a multi-month consolidation pattern last week with price now eyeing broader uptrend support. Here are the levels that matter on the GBP/USD weekly chart.
British Pound Currency Volatility Could Collapse from Brexit Can-Kicking
Implied volatility measures for the British Pound plunged following the European Council's offer to delay Brexit again, but less uncertainty could provide GBP traders with a unique opportunity.
Sterling Price Outlook: Pound at Key Support as Brexit Saga Continues
Sterling is trading within the confines of a near-term consolidation pattern just above key support. Here are the levels that matter on the GBP/USD charts this week.
GBP/USD Rate Threatens Bull Trend Ahead of Brexit Deadline
The British Pound may face a more bearish fate ahead of the Brexit deadline in April as the GBP/USD exchange rate threatens the upward trend from late last year.
S&P 500 Falls, Leaves Reversal Warning. Japanese Yen May Gain
Sentiment collapsed on Friday following dismal European economic data with the S&P 500 leaving bearish reversal warnings. Asia Pacific stocks may fall as anti-risk Japanese Yen gains.
Sterling Weekly Price Outlook: British Pound Rejected at Resistance
Sterling is down nearly 2% after reversing from seven-month highs last week. Here are the targets and invalidation levels that matter on the GBP/USD weekly
Brexit Latest Bolsters British Pound, S&P 500 Looking More Weak
Fading chances of a ‘no-deal’ Brexit caused the British Pound to outperform. Asia Pacific stocks may aim lower after Wall Street couldnt hold onto gains
Asia Shares Brush off Worrying Trade News From Volatile US Session
Asia Pacific benchmark stock indexes traded higher despite worrying trade news from the US earlier. Nikkei 225 still within bearish reversal pattern. Market mood might