GBPUSD: Back below 1.6000 and looking heavy by Jim Langlands

GBP/USD: 1.5965 Cable got hit hard on Friday and was already looking soft after the release of the services UK PMI data; 58.7( v 59.1-exp), but accelerated to an 11-month low of …
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Cable approaching important 50 fibo level by Reece Marini

GBPUSD Daily Cable has overbalanced all previous corrections in this move higher from 10/07/13 this indicated that there would be a possible change in trend and we have seen this s …
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Sell off to continue in Cable

GBPUSD Daily The bears have taken out the 1:1 (Purple) overbalancing the current up trend and opening up this market for further losses, the next major support isn’t until the 38 …
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Goldman Sachs’ Analysis of the BoE Minutes

MPC Minutes: 9-0 for Bank Rate Unch. at 0.5%; 9-0 for APF Unch. at £375bn Bottom line: The vote for unchanged policy in July was unanimous, in line with consensus expectations. T …
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