- Tuesday, 19 January 2016
- News
Carney says there is no timetable for rate hike
- Tuesday, 19 January 2016
- News
UK CPI increased by 0.2%
- Monday, 18 January 2016
- Daily Fundamental Analysis
GBP/USD Daily Forecast – 19 January
There were no data releases from the UK yesterday, with Sterling still being rather weak. Strategists are racing to downgrade their forecasts for a currency that is being knocked by a litany of woes from the prospect of record-low interest rates being entrenched for longer and a possible exit from the EU that business leaders say will damage Britain. Analysts’ forecasts for the sterling-dollar exchange rate by June have dropped 2% in the past month, even as they failed to keep up with its almost 5% slide in that period.
Read more...- Monday, 18 January 2016
- Daily Technical Analysis
GBP/USD Daily Forecast – 19 January
Sterling was initially pushed higher in the course of yesterday's session, but found are around 1.4330 level to be too resistive at the moment and by the end of the session, once again pulled back below 1.43 handle. As for tomorrow, focus will be on UK CPI figures. Pair is likely to find support around 1.42 handle and resistance above 1.4350 level so these would be our short-term buying and selling points. Read more...
- Popular
-
UK still likely to leave the EU with a negotiated agreement, says Number 10
A successful deal with the European Union remains the “most… -
Sentix Investors Confidence rose to 14.7 in August
The summer heat in Europe is also causing economic temperatures… -
German factory orders -4.0% seasonally adjusted on the previous month
Based on provisional data, the Federal Statistical Office (Destatis) reports… -
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
China's exports are expected to have maintained solid growth in…
Tags
About Us
Forex Web News is part of Rolling Capital Network providing financial consulting.
Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.
Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.
.
All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.
We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.
Menu
Disclaimer
Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.