The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum.
Tag - gbp
The US dollar continues climbing up, while the euro and the pound are dipping. Let’s have a closer look.
While the GBP is struggling through Brexit worries, the EUR is taking over the USD.
According to Credit Agricole SA, the British pound is going to plummet to 1.20 in case of the impasse over the Brexit deal.
The US dollar has managed to regain some of the lost ground versus other Forex majors. Will this correction continue? Watch the video to find out what is driving the market!
Asian equity markets began the week indecisively as the region reflected on Friday’s US jobs release and continued tech-related losses on Wall Street.
It's non-farm Friday. Today's U.S. jobs report could deliver the last positive print before losses strike again. Fresh analysis of USD/CAD, AUD/USD and GBP/JPY!
The tech rally is cooling and weekly jobless claims fueled worries about the US labor market. Read the article for analysis of EUR/GBP, EUR/USD and EUR/JPY!
Watch out GBP/USD at 17:00 MT time as both the BoE speech and US PMI will be out.
The SP500 climbed 0.6% while Nasdaq futures advanced 1%. Here are trading ideas for USD/JPY, EUR/JPY and GBP/JPY.
BOE Governor Bailey speaks on Thursday at 17:00 MT time.
GBP/USD is climbing upward. The break out above 1.3500 will drive the pair to multi-year highs.