GBP Trading Outlook Archive

The Sterling (GBP) did well as sentiment improved gaining towards 1.5500 on the major and not losing much ground against the Euro. The GBP/JPY has also been underperforming lately and sharp buying in the cross along with GBP/AUD short covering helped underpin the Cable move… Read more

The Sterling (GBP) the GBP/USD rallied to test 1.5400 but as soon as some weakness came into US stocks traders quickly reversed these gains back to opening levels. EUR/GBP is taking advantage of the underperformance to lift off recent lows to 0.8330 currently. The longer… Read more

The Sterling (GBP) the GBP/USD rallied to test 1.5400 but as soon as some weakness came into US stocks traders quickly reversed these gains back to opening levels. EUR/GBP is taking advantage of the underperformance to lift off recent lows to 0.8330 currently. The longer… Read more

The Sterling (GBP) the GBP/USD kept above the 1.5300 and move up to 1.5340 in quiet trade during the European session. The market is still looking to push EUR/GBP lower but is struggling to break 0.8250. Some traders believe that the UK rating may come… Read more

The Sterling (GBP) remained under pressure with the EUR/USD led selling in the markets but was able to find support at 1.5250 and closed above the 1.5300 level. The EUR/GBP enjoyed sharp selling toward recent lows at 0.8250. The market is still looking to sell… Read more

The Sterling (GBP) was muted and left behind in the risk on rally yesterday with the EUR/GBP short covering keeping the GBP/USD at the 1.5300 level. The BOE held at 0.5% and kept the Asset purchase program at 275BN as widely expected. The market is… Read more

The Sterling (GBP) the GBP/USD was the weakest currency in the market overnight with weak November Trade Balance data the catalyst for a move towards 1.5300. The EUR/GBP took advantage of this to move up to 0.8300 in a rare rally for the cross which… Read more

The Sterling (GBP) the GBP/USD tested 1.5500 in Europe but failed to break the big figure and consolidated below for the rest of the day. The market has traded in this range for many days now and is primed to break out in fresh direction… Read more

The Sterling (GBP) grinded higher throughout the day lifting off 1.5400 and closing at highs near 1.5460. The outlook is linked with EUR/USD and requires confidence the worst is behind us for a sustained rally. EUR/GBP is receiving a lot of attention as it pivots… Read more

The Sterling (GBP) UK House Prices fell -0.9% in December according to Halifax and shows that the UK housing market is continued to decline. The GBP/USD tracked the Euro lower to 1.5400 and is struggling to hold gains lately. EUR/GBP is still a source of… Read more