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GBPUSD - FxWirePro: Sterling sees fresh OTC hedging bids but unwise to jump the guns to jack-up GBP longs as Brexit dust still not settled
We have seen fresh positive shift in GBPUSD negative risk reversals, but IV skews have still been indicating bearish risks. Hence, mild rallies may be expected despite broad based bearish outlook. We ...
GBPUSD Neutral Intraday Bias
The British pound has moved back towards the pivotal 1.2740 level against the US dollar after buyers failed to break above the 1.2810 resistance level. The current intraday sentiment surrounding the G...
Selling GBPUSD at the Daily 100 EMA, Sound as a pound?
I've got some bad news and I've got some good news. Let's deal with the bad news first, as I like to save the best things to last as it always gives you something to look forward to ;-). The bad news ...
GBPUSD struggles to push higher while Euro eyes 1.15
Sterling weakened against almost every G10 currency today as Brexit noise left traders on tenterhooks. With uncertainty set to intensify ahead of the looming Brexit debate and meaningful vote in Parli...
GBPUSD Bulls Still In Control Of Price Action
The British pound continues to trade around the best levels of the year so far against the greenback, with bulls retaining firm control of price action during the European trading session. Further int...