30 July 2013 Tuesday 30th: GBP surges versus Australian dollar, remains technically bullish against the US dollar

The highlight of today thus far is sterling's surge versus the Aus Dollar. Tuesday sees a continuation of currency marketing positioning ahead of next month's MPC decision due on Thursday. Thursday a…

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29 July 2013 British Pound Sterling Live on Monday the 30th: GBP forecasted higher versus US dollar but challenged versus Euro and Australian dollar

The British pound faces data out of the Bank of England this morning. However, currency ranges remain tight and we would expect technical considerations to dominate the outlook until we get into the …

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26 July 2013 British Pound on Friday: GBP consolidates, GBP/AUD could head back to 1.65 levels, exchange rate forecasts are order of the day

The British pound sterling (Currency:GBP) is in consolidative mode on Friday morning. Trading will today focus largely on technical considerations owing to a lack of market moving data releases. We w…

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25 July 2013 Thursday: UK GDP data see British pound sold-off on volatile day for FX

Due to a technical glitch Pound Sterling Live was down for much of the morning. And what an interesting morning it has been! GBP is being sold-off - this time on the good news that the UK is seeing a…

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24 July 2013 GBP enters descending structure versus US dollar

The British pound sterling (Currency:GBP) has started Wednesday off in good fashion, however the strong start to today's trade could be tested at 11 AM London time when The CBI Industrial Trends data…

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