GBPUSD now back at lows last seen over 27 months ago driven by a combination of Brexit fears and a rampant US dollar.
GBPUSD nears its lowest level of the week, and looks at a technical breakout, as the Boris Johnson mid-week mini-bounce fades in the face of a seemingly unmovable EU.
GBPUSD is struggling to keep hold of last weeks modest gains and may break its recent run of higher lows ahead of the latest look at the health of the UK economy.
A busy UK week ahead with a variety of high importance drivers for traders to look out for.
Sterling remains in tight trading ranges as Brexit negotiations continue. While the outcome of the EU/UK talks remains key, Sterling charts continue to have a positive bias.
Sterling remains underpinned despite the ongoing Brexit shambles. The EURGBP chart remains pointed to the downside and further falls are likely.
The British Pound soared on the Wednesday‘s Brexit vote, but care is needed when trading GBP as PM May’s government is currently tearing itself apart.
The British Pound is starting to look technically overbought at current levels, but the fundamental background is mildly positive for GBP.
The British Pound continues to drift lower ahead of a pivotal Brexit week for UK PM May. Support may be tested all the way down
The British Pound remains rangebound as Brexit talks continue but Sterlings implied volatility highlights price risks for the week ahead.
Sterling gives back some of Tuesdays gains against the US dollar, but the underlying chart set-up remains positive – Brexit aside – ahead of the
Sterling-pairs have opened what is expected to be a quiet day – US Presidents Day Bank Holiday - after media talk surfaces that some EU