Cable: Bears eying resistance at 1.51750

GBPUSD Daily Cable bears will be closely eying the 1:1 (Purple) and 61.8 Fib resistance that coincide at 1.51750, this resistance level has already seen some decent selling through …
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GBPUSD: Cable volatility to continue leading into the Election (May 7) by FX Charts Daily

  GBP/USD: 1.4958 Cable had a choppy Friday session in finally taking out the resistance in the 1.4970/1.5000 area, triggering stops to squeeze up to 1.5052 (50% of 1.5551/1. …
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Cable approaching 1.48 level by Milan Cutkovic

GBP/USD briefly traded at 1.48 earlier; has been rejected and is now back at 1.4788 While the UK elections are weighing on GBP sentiment overall, the weak US retail sales release t …
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Goldman Sachs FX Spot Desk Strategies

OVERVIEW => Retail sales today will be the main focus, where we are above consensus in our expectations (GS 0.8%, cons 0.5%). We maintain our moderate stance (no more than 1/3 o …
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Barclays recommends going short GBP/USD

We think GBPUSD is likely to come under increasing downward pressure as investors sharpen their focus on pronounced UK political uncertainty in an environment of broad USD strength …
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Sudden USD strength ahead of Asian open by Milan Cutkovic

We are seeing broad USD strength in the market, just ahead of the NY close & the Sydney open Nothing fundamental that could have triggered the move, it seems rather a combinati …
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Bears continue to sell Cable, find out why? by Reece Marini

GBPUSD Weekly Cable traded at its lowest level since 2013 on Friday last week taking out a number of stops below 1.47500 with the sell off looking set to continue. GBPUSD Daily Cab …
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Cable remains heavy, trading within major support area by Milan Cutkovic

GBP/USD has seen bit of a bounce in the early European session Position covering ahead of the weekend might lift Cable a bit further However, the overall outlook remains bearish am …
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Cable plunges; 1.48 next bear target

Cable broke sub-1.50 earlier and some decent downside momentum has been building since then Aside from the broad USD strength, UK political risks are again coming into focus The pa …
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Goldman Sachs Spot Desk Strategies

OVERVIEW => USD strength remains the norm, and we maintain our bullish view on the USD vs EUR, GBP, JPY and AUD. {EU} EURUSD Lower => We have breached the 1.07 level now and …
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