- Tuesday, 15 March 2016
- News
Brexit supporters more motivated to vote
- Monday, 14 March 2016
- Daily Fundamental Analysis
GBP/USD Daily Forecast – 15 March
There are no major data releases from the UK yesterday, with focus on Brexit concerns. British voters will decide in a referendum on June 23 whether the country stays in the EU or leaves. The latest YouGov polls show those wanting to stay in the EU are gaining ground, while bookmakers see a one-in-three chance of Britain exiting. Read more...
- Monday, 14 March 2016
- Daily Technical Analysis
GBP/USD Daily Forecast – 15 March
Sterling spent most of the yesterday's session in a decline, after it was unable to break above 1.44 handle initially in the session. By the end of the session, pair fell all the way to 1.43 handle, and even slightly below it, where it found some amount of support at the moment. Tomorrow, we can expect steadier European part of the session, since there will be no data releases from the UK, and more volatility with US PPI and Retail Sales figures. Any type of supportive candles around 1.4250 level and 1.42 area, would be short-term buying signal, while resistive candles above 1.4350 and 1.44 area in extension, would offer short-term buying opportunity.
Read more...- Monday, 14 March 2016
- News
Sterling little changed in a quite morning session
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