16 June 2016 Charts Confirm Pound About to Stage a Recovery Against the Dollar

The GBP/USD pair has found support at a key level and is bouncing. Could this provide the basis for a rebound, or is the pair set to push lower and retest the 1.3833 lows?

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16 June 2016 Retail Sales Surprise to the Upside But Not Enough to Boost Pound

The pound remained under pressure on Thursday despite Retail Sales showing a  better-than-average rise in May  

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14 June 2016 British Pound Recovers from Sun Meltdown on Strong Wage Growth Data, Seen Up vs Euro and Dollar

The British pound continues to be pointed downwards as foreign exchange traders minimise exposure ahead of next Thursday’s vote on EU membership.

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12 June 2016 British GBP/EUR Rate Faces 30% Collapse, Volatility Spikes, Polling Changes and Strategy Updates

The definitive roundup of the latest events that will impact trade in the British pound in the week ahead.

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09 June 2016 British Pound Pummelled by US Dollar as Global Investors Run Scared

Another strong data release from the UK economy has been ignored by the British pound which remains mixed against the dollar but under renewed bearish pressure against the euro.

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07 June 2016 Sterling Volatility Soars Ahead of this Month’s Crucial EU Referendum

Sterling rebounded from its recent multi-year lows in the past three months as concerns regarding a possible UK exit from the European Union at this month’s referendum receded.

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05 June 2016 Pound Sterling Higher Tuesday, Volatility Now at Levels Last Seen in 2008 Thanks to Swinging EU Referendum Polls

Ahead of the new week momentum is firmly pitted against the GBP.

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