Currency Analysis & Opinion

GBP/USDOur bullish call on GBP/USD yesterday was confirmed as Monday’s improvement not only continued, but accelerated. This created a bullish weekly outlook, reached the first target and took...

GBP/USDYesterday saw a reaction to last week's GBP/USD decline. A sequence of four down days ended as some buying interest was renewed. Although Friday’s losses were reversed, the upside was not...

EUR/USDOur EUR/USD Sell Rally level last week was virtually the top of the 5 days of trading. More importantly, the failure, and renewal of selling interest, emphasised the importance of the 13 day...

EUR/GBPIn line with our bearish call on EUR/GBP, yesterday saw the top of the daily Ichimoku Cloud and the 13/100 day averages cap EURGBP. Net downside was limited – unable to reverse half of...

GBP/USDA sequence of six up days ended yesterday as profit taking developed at overbought extremes. Net losses were modest but enough to reverse Friday’s entire net upside with the market...

GBP/JPYThis week’s bullish signals are so far being confirmed, investors buying GBP/JPY on Monday to post a sixth up-day in a row and a gain of just over 1 Big Fig on the day. The buying has...

GBP/USDInitial downside was limited yesterday and with buyers again below the 13 day moving average, a 4th up day in a row resulted. This consolidated CABLE above the key avg but almost half of...