GBP/USD: Short Traders Benefit From Bearish Tilt

Dear Traders, It has been a relatively quiet start to an eventful trading week with the U.S. dollar slightly strengthening against the pound and the euro ahead of the FOMC meeting. The British pound tumbled towards 1.3330 as Brexit optimism fades. While short traders of the GBP/USD were able to book some profit yesterday, the […]

Fasten Your Seat-belts For The Last Big Week Of The Year

This content is for EUR/USD, GBP/USD, DAX and EUR/USD, GBP/USD, DAX members only.
Log In Register

Will Payrolls Help Or Hurt The Greenback?

Dear Traders, It’s payrolls day again and today’s U.S. jobs numbers could matter more than usual as investors assess the possibility of a steeper Federal reserve rate hike path in 2018. While the Fed has established a commitment to gradual monetary policy pacing even under the chairmanship of Mr. Powell, job and wage growth will […]

USD Steady Ahead Of NFP Report

Dear Traders, The British pound further weakened and we got what we were looking for in yesterday’s analysis: a breakout of a symmetrical triangle even if it was a relatively small bearish breakout with losses being limited to a low of 1.3357. If the pound remains below 1.34 we expect further bearish momentum driving GBP/USD […]

GBP/USD: Upcoming Price Breakouts?

Dear Traders, The U.S. dollar slightly advanced against the euro and British pound as investors assessed the impact of proposed tax cuts. The next big risk event on the calendar will be Friday’s U.S. jobs report while the release of the ADP Employment Change (due today at 13:15 UTC) may provide a foretaste of what […]

Pound Falls Victim To Failure To Reach Brexit Agreement

Dear Traders, Yesterday was absolutely none of our favorite trading days as we had to struggle with volatile but choppy swings in the GBP/USD after U.K. Prime Minister May and European Commission President Juncker failed to reach an agreement on Brexit negotiations due to divisions over Ireland. The pound’s performance was disastrous for breakout trades […]