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We would wish to see confirmation from a move above Thursday’s highs at 1.2532 before forecasting more upside in GBP/USD.
March 26,2017
The USD/JPY had been in a strong uptrend in the latter part of 2016 but it has been steadily falling ever since it made a top at 118.17 in December.
March 26,2017
The US dollar has found some momentary support over recent hours on hopes that the House of Representatives passes the healthcare repeal bill later today.
March 24,2017
GBP/USD is probably forming a triangle pattern which began after the rebound from the October 2016 post-Brexit lows.
March 22,2017
Equities and commodities are in retreat in Asia and Europe today following on from falls in Europe and the US yesterday.
March 23,2017
The Dollar surprised many investors last Wednesday when it fell back after the Federal Reserve met to raise interest rates but disappointed Dollar bulls by suggesting markets should only expect two further interest rate rises in 2017.
March 22,2017
GBP/USD had been in a falling trend under the weight of a strengthening Dollar and the weakening Pound due to Brexit fears.
March 21,2017
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