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GBPUSD - British Pound Forecast: Sterling Focused On The Election, But Then What?
GBPUSD held 1.29 on Wednesday’s dip and is back at 1.292. EURGBP on the other hand failed to reclaim the October low of 0.857 during its rally and is drifting lower again. Markets are still mostly ...
Talking Up The Pound
GBPUSD turnaround from 1.20 confirms the positioning bias. UK polls show the Conservatives leading comfortably. Double bottom around the 1.20 level points to more upside. Let’s turn British inventions ...
US/China trade sentiment deteriorates further. BOC's Wilkins shocks market.
Morehere. If we combine this slight disappointment with some other polls showing the Tories now just 12pts ahead of the Labour Party (vs 14pts earlier this week), its not surprising to see GBPUSD a ...
Pound falls as poll shows Corbyn battled Johnson to a draw in U.K. debate
The risk to financial markets is less that Corbyn’s Labour Party would win outright but that the Conservatives won’t secure a majority. The pound GBPUSD, -0.0696% traded at $1.2914 versus $1.2926 on ...
Can the Tories clinch victory and wrench the GBP from the Brexit doldrums?
The latest YouGov polling is telling. Forex traders appear to be trading the news vis-a-vis the GBPUSD. While whipsaw activity is certainly possible at any time with forex, the trend appears to be ...