GBP/USD 2016-07-28

  Market managed again today to test uptrend support line around 1.3080 while market still holding trades below resistance level 1.3190.

Date of publication: Thu, Jul 28 2016 08:55 GMT+4 Read more
GBP/USD 2016-07-26

  The USA dollar remained unchanged due to the moderate risk appetite. The optimistic USA statistics together with weakness of the pound supported the dollar.

Date of publication: Tue, Jul 26 2016 10:21 GMT+4 Read more
GBP/USD 2016-07-22

  The recent rally in the pair GBP/USD was supported by the positive unemployment data. However, yesterday’s retail sales report undermined the overall positive outlook. Today we expect a number of PMI releases.

Date of publication: Fri, Jul 22 2016 09:23 GMT+4 Read more
GBP/USD 2016-07-19

  Market managed to retreat toward 1.3130 last Friday along with our expectation that short run will sustain trading zone between 1.3100 -1.3535 as we advised last week.

Date of publication: Tue, Jul 19 2016 08:22 GMT+4 Read more
GBP/USD 2016-07-14

  The news that Cameron officially resigned as the UK Prime Minister and Theresa May took over supported the pound. That news decreased the political uncertainty which followed the Brexit referendum. The pound is under pressure, the pair is waiting for the BoE decision regarding the rate.

Date of publication: Thu, Jul 14 2016 08:39 GMT+4 Read more
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