Bank of America Merrill Lynch (BofAML) have told clients they are now confident enough on Pound Sterling to raise their forecast profile. Analysts had been expecting one final dip ... Read More
GBPUSD is trading in a three-wave correction of wave 4, with current sub-wave b unfolding as a contracting triangle. That said, one more drop may follow into wave c, ... Read More
Elliott Wave Analysis: AUDUSD and GBPUSD The USD is in bullish mode, now also against commodity currencies. We see a nice breakdown on AUDUSD following RBA rate decision. The ... Read More
U.K.-EU ties will start to unravel around 1:30pm in Brussels May signals ’fierce determination’ to get good Brexit deal Sterling fell in early Asian trading as investors brace for ... Read More
Euro hits 6-week high against dollar after French presidential debate The euro gained against the dollar on Tuesday, with analysts attributing the rally to centrist candidate Emmanuel Macron performing ... Read More
GBPUSD fell sharply to the downside, a few weeks back which we see it as the final wave V of III) that touched the 1.1493 level. If we are ... Read More
The Pound to Dollar exchange rate trades at 1.2571 and is the best-performing currency in the G10 space. The Pound to Euro exchange rate trades at 1.1693 with an ... Read More
U.K. stocks gained for a 14th straight day on Friday, extending their record winning run as the weaker pound spurred investors to buy into British multinationals. The FTSE 100 ... Read More
Elliott Wave Analysis: USDJPY and GBPUSD USDJPY is trading south this week but despite some strong legs down, we see market in a corrective phase of a wave four. ... Read More
Elliott Wave Analysis: GBPUSD Undergoing A Complex Correction GBPUSD is turning down from 1.3447 through trendline support connected from 1.2866 low which suggests that pair will remain trapped in ... Read More
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