Episode – Page 7

FX MARKET REPORT 25.05.2021

GBP/USD By sueyangfx.com 1.4179 GBP/CAD 1.7064 GBP/EUR 1.1580 GBP/NZD 1.9601 EUR/USD 1.2226 GBP/CNY 9.0801 GBP/JPY 154.21 GBP/SGD 1.8812 GBP/CHF 1.2701…

FX MARKET REPORT 24.05.2021

Sterling has been standing proud of late and continues to grind higher against most of its rivals. The recent strong…

FX MARKET REPORT 21.05.2021

GBP/USD: Bulls attack 1.4200 on strong UK Retail Sales, PMI eyed By sueyangfx.com • GBP/USD jumps on upbeat UK Retail…

FX MARKET REPORT 20.05.2021

GBP/USD 1.4140 GBP/CAD 1.7110 GBP/EUR 1.1590 GBP/NZD 1.9650 EUR/USD 1.2200 GBP/CNY 9.0970 GBP/JPY 154.10 GBP/SGD 1.8830 GBP/CHF 1.2730 GBP/ZAR 19.905…

FX MARKET REPORT 19.05.2021

GBP/USD remains confined in a range below 1.4200 mark post-UK CPI • Commerzbank: GBP/USD to Break above 1.4238/45 towards 1.4377…

FX MARKET REPORT 18.05.2021

GBP/USD By sueyangfx.com 1.4163 GBP/CAD 1.7046 GBP/EUR 1.1622 GBP/NZD 1.9545 EUR/USD 1.2167 GBP/CNY 9.1101 GBP/JPY 154.50 GBP/SGD 1.8858 GBP/CHF 1.2740…

FX MARKET REPORT 17.05.2021

Last week we saw Cable break above the psychological 1.40 level. Though cause for concern is the recent spread of…

FX MARKET REPORT 14.05.2021

The GBP/USD pair seems to be in a corrective pullback on Friday, having tested multi-month highs at 1.4166 on March…

FX MARKET REPORT 13.05.2021

GBP/USD edged lower for the second straight session, though lacked follow-through selling. The upbeat UK economic outlook underpinned the British…

FX MARKET REPORT 12.05.2021

GBP has underperformed in Q2 to-date, being the 2nd worst performing G10 currency. We see scope for catch-up with the…

FX MARKET REPORT 11.05.2021

GBP/USD maintains its base above the March highs at 1.4001/17. Economists at Credit Suisse look a move back to 1.4238,…

FX MARKET REPORT 10.05.2021

GBP/USD gained strong follow-through traction for the second straight session on Monday. The Scottish election outlook provided some relief to…

FX MARKET REPORT 07.05.2021

The GBP/USD pair built on its intraday positive move through the first half of the European session and shot to…

FX MARKET REPORT 06.05.2021

GBP/USD: Critical support at 1.3880 appears at risk on BOE, Scottish elections according to Confluence Detector. Sterling ticked up against…

FX MARKET REPORT 05.05.2021

GBP struggles around $1.3900 despite triangle breakout, as the US dollar picks up bids and resumes Tuesday’s uptrend. Ongoing Brexit…

FX MARKET REPORT 30.04.2021

GBP/USD drops to 1.3900 neighbourhood, fresh session lows. EUR/USD set to climb towards the 2021 high at 1.2349 – Commerzbank.…

FX MARKET REPORT 29.04.2021

GBP/USD: Poised to test the March highs at 1.4001/17. EUR/USD has broken key resistance from its March high, 61.8% retracement…

FX MARKET REPORT 28.04.2021

GBP/USD bounces off lows, trades with modest losses just below 1.3900, and witnessed some selling on Wednesday, albeit showed some…

FX MARKET REPORT 27.04.2021

GBP/USD: Boris kills the pound with his words ahead of the Fed. Initial support awaits at the daily low of…

FX MARKET REPORT 26.04.2021

Three British developments set to boost sterling – Optimism about the NI protocol, Britain’s vaccine milestone and bullish BoE comments.…

FX MARKET REPORT 23.04.2021

GBP/USD regained positive traction on Friday and stalled its recent slide from multi-week tops. The prevalent bearish sentiment surrounding the…

FX MARKET REPORT 22.04.2021

GBP/USD set to tackle 1.40, fundamental picture remains favourable for cable bulls. Some resistance awaits at the daily high of…

FX MARKET REPORT 21.04.2021

GBP/USD trades with modest losses, still above 1.3900 mark. The European Internal Market Commissioner Breton has stated that at least…

FX MARKET REPORT 20.04.2021

GBP/USD eases from multi-week tops, flat-lined below 1.4000 mark. Sustained USD selling, upbeat UK jobs report pushed GBP/USD to multi-week…

FX MARKET REPORT 19.04.2021

GBP/USD gained strong positive traction for the sixth consecutive session on Monday. Reduced Fed rate hike bets continued weighing on…

FX MARKET REPORT 16.04.2021

GBP/USD risk looks to be already shifting lower again and below 1.3750 would warn of a retest of key support…

FX MARKET REPORT 15.04.2021

As GBP softened, GBP/USD found solid support in the 1.3670-00 area. However, rebounds are likely to be limited until there…

FX MARKET REPORT 14.04.2021

GBP/USD pair is extending the upside momentum in the early European session, touching the highest level in three days near…

FX MARKET REPORT 13.04.2021

GBP/USD rose 0.1% to 1.3748 after Britain’s economy grew by 0.4% in February from January. The pound is also to…

FX MARKET REPORT 12.04.2021

GBPUSD: Recovers from daily lows near 1.3670 as UK economy gears up for re-opening. GBPUSD cheered up on hopes of…

FX MARKET REPORT 09.04.2021

GBP/USD: Mix of British concerns with a rush to the dollar expose the 1.3670 critical support. EUR/USD struggles at the…

FX MARKET REPORT 08.04.2021

GBP/USD struggled to capitalize on its intraday positive move, despite a softer USD. Concerns over the disruption to the UK’s…

FX MARKET REPORT 07.04.2021

The sharp sell-off in GBP to an overnight low of 1.3802 came as a surprise. While the rapid drop appears…

FX MARKET REPORT 06.04.2021

The sharp sell-off in GBP to an overnight low of 1.3802 came as a surprise. While the rapid drop appears…

FX MARKET REPORT 01.04.2021

GBP/USD to gather stronger downside momentum below 1.3670 – OCBC “The GBP/USD pair range is narrowing to the 1.3700 to…

FX MARKET REPORT 31.03.2021

The GBP/USD pair is trimming losses to head towards 1.3750 on the back of the comments. GBP/EUR remains at the…

FX MARKET REPORT 30.03.2021

GBP/USD has been under mild pressure as US yields boost the dollar. Even if the UK’s immunization campaign somewhat slows…

FX MARKET REPORT 29.03.2021

GBP/USD attracted some dip-buying on Monday and shot to multi-day tops in the last hour. The uptick was led by…

FX MARKET REPORT 26.03.2021

GBP/USD to warn of a more significant correction lower below 1.3779. EUR/USD picks up extra pace and approaches 1.1800. German…

FX MARKET REPORT 25.03.2021

GBP/USD struggled to preserve early gains to levels just above the 1.3700 mark. Sustained USD buying turned out to be…

FX MARKET REPORT 24.03.2021

GBP/USD came under intense selling pressure on Tuesday and dropped to multi-week lows. A strong pickup in the USD demand…

FX MARKET REPORT 23.03.2021

GBP/USD came under intense selling pressure on Tuesday and dropped to multi-week lows. A strong pickup in the USD demand…

FX MARKET REPORT 22.03.2021

GBP/USD: Britain’s covid vaccine achievements to allow the pound to extend its recovery. EUR/USD briefly tests lows in the 1.1870…

FX MARKET REPORT 19.03.2021

GBP/USD managed to regain some positive traction on the last trading day of the week. Retreating US bond yields kept…

FX MARKET REPORT 18.03.2021

The BoE does not hold a press conference and will likely remain silent on yields – and staying mum means…

FX MARKET REPORT 17.03.2021

GBP/USD gained traction on Wednesday and built on the overnight bounce from one-week lows. The uptick was solely led by…

Financial Market News 16.03.2021 Tuesday

GBP/USD witnessed some follow-through selling for the third straight session on Tuesday. Vaccine fears weighed on investors’ sentiment and benefitted…

FX MARKET REPORT 15.03.2021

GBP/USD struggled for a firm direction and remained confined in a range on Monday. Failures near 1.4000 favour bearish traders;…

FX MARKET REPORT 12.03.2021

GBP/USD witnessed a turnaround from the 1.4000 mark amid resurgent USD demand. Rallying US bond yields underpinned the USD and…

FX MARKET REPORT 11.03.2021

The GBP/USD pair looks to be stabilizing above its 55-day moving average at 1.3761 and weakness stays seen as corrective…

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