GBP Continues to Fight BackWith the holiday shortened week in the US due to Thanksgiving, it’s been a quieter session for markets this week. However, we’ve seen some important developments and while...
Market Spotlight: What Is Driving GBPUSD Rally?
GBP Rally ContinuesThe British Pound has been on a hot streak recently with GBP enjoying a strong rally against USD over the month so far. GBPUSD is now up almost 9% off the initial November lows and...
GBPUSD 1.2050 Target Achieved, New Pattern Emerging
Technical & Trade ViewGBPUSDTrade View1.2050 target Achieved, New Pattern EmergingBias: Bullish Above Bearish below 1.1950TechnicalsPrimary support is 1.1950Primary upside objective 1.22Next...
OECD Flags Fresh UK Growth Fears
OECD Bearish on UK GrowthThe latest report from the OECD yesterday has cast further dark clouds over the UK economy. The group warned that the UK, the fifth largest global economy as of last year, is...
GBPUSD 1.20 Target Achieved, New Pattern Emerging
Technical & Trade ViewGBUSDTrade View1.20 Target Achieved, New Pattern EmergingBias: Bullish Above Bearish below 1.1760TechnicalsPrimary support is 1.1760Primary upside objective 1.2060Next...
Daily Market Outlook, November 8, 2022
Daily Market Outlook, November 8, 2022“Asian markets retain a bid tone overnight, the outlier remains Chinese equities which have failed to take the positive lead from European and US markets...
Daily Market Outlook, October 4, 2022
Daily Market Outlook, October 4, 2022 Overnight HeadlinesUN Calls On Fed, Other Central Banks To Halt Interest-Rate IncreasesFed's Barkin: Permanent Shifts In Inflation Could Mean More Volatile...
Daily Market Outlook, October 3, 2022
Daily Market Outlook, October 3, 2022 Overnight HeadlinesTory Revolt Forces Liz Truss To Delay 45p Tax Rate Vote - TelegraphUK PM Truss Admits Mistake In Communicating Economic PlanCredit Suisse CEO...
Investment Bank Outlook 29-09-2022
BNY MellonBOE: Avoiding UK Mortgage MayhemThe Bank of England went to great lengths Wednesday to stress that its intervention in Gilt markets is purely a financial-stability-related operation. The...
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