GBPUSD Is Tanking Today!
We are seeing a negative side today, the US pairs are sinking.
There are many factors causing this, one of them being the oil surplus.
Asian markets are giving concern to traders everywhere.
Today’s decline was a surprise to some, many had felt there was some stability.
Here are some comments.
GBP/USD: In Need of Confirmation - DailyFX
Thu, 14 Jan 2016 15:44:40 GMT
GBP/USD: In Need of ConfirmationDailyFXGBP/USD rebounded off an important long-term trendline earlier in the week as pointed out by Jamie Saettele (read HERE). This so far successful test of support roughly coincided ( /- 2 days) with the measured move in time of the 2014 – 2015 decline in ...
GBP/USD Oversold Ahead of BoE- Will Governor Carney Talk Up Cable? - DailyFX
Thu, 14 Jan 2016 07:01:43 GMT
Future Currency ForecastGBP/USD Oversold Ahead of BoE- Will Governor Carney Talk Up Cable?DailyFXEven though the Bank of England (BoE) interest rate decision is likely to reveal another 8-1 split within the central bank, the fresh comments may boost the appeal of the sterling and spur a near-term rebound in GBP/USD should the committee change its ... GBPUSD moves off low. Still lags. - ForexLive
Fri, 15 Jan 2016 14:49:00 GMT
ForexLiveGBPUSD moves off low. Still lags.ForexLiveThe GBPUSD remains the laggard. Yesterday the pair eked out a gain for the day. It was the second up day in 13 days. The problem? It was only up by 6 pips. Not exactly a race higher. Today, the pair tried to build off the higher close but failed. When ... Forex technical analysis: GBPUSD tests and breaks quickly below 1.4300 - ForexLive
Fri, 15 Jan 2016 16:28:00 GMT
ForexLiveForex technical analysis: GBPUSD tests and breaks quickly below 1.4300ForexLiveIn an earlier post, I spoke of the bare minimum the GBPUSD price had to do. That was to get and stay above the 100 bar MA. The pair tried, but it just could not do it, and the move into the Friday 4 PM fixing was to the downside. The pair is now making ... Forex Analysis of Majors – EURUSD and GBPUSD - FX News Call
Fri, 15 Jan 2016 11:19:02 GMT
FX News CallForex Analysis of Majors – EURUSD and GBPUSDFX News CallIn contrary to EURUSD, GBPUSD lost the ground and submerged below the 1.4359 (yesterday's low) level. Now the pair is very near to make a fresh six-year low. This pair needs to travel below the 1.4230 level to make a fresh 6-year low. On the 15 minuteļ¾ ... GBP-USD almost flat after BOEs unchanged monetary policy - EconoTimes
Fri, 15 Jan 2016 05:40:00 GMT
GBP-USD almost flat after BOEs unchanged monetary policyEconoTimesDropping below the $1.44 mark confirmed the bearish bias, with a further decline possible toward $1.42 in the near term. In the bigger picture, a break of $1.4346 will open the doors of $1.4200 mark. Major support falls at $1.4272 and $1.4226 levels.
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