- Friday, 26 February 2016
- News
UK consumer confidence at the lowest level in over a year
- Thursday, 25 February 2016
- Daily Fundamental Analysis
GBP/USD Daily Forecast – 26 February
From the UK, yesterday, GDP data was released. UK GDP in volume terms was estimated to have increased by 0.5% between Quarter 3 (July to Sept) 2015 and Quarter 4 (Oct to Dec) 2015, unrevised from the preliminary estimate of GDP published on 28 January 2016. Between 2014 and 2015, GDP in volume terms increased by 2.2%, unrevised from the previous estimate. Between Quarter 4 2014 and Quarter 4 2015, GDP in volume terms increased by 1.9%, unrevised from the previously published estimate.
Read more...- Thursday, 25 February 2016
- Daily Technical Analysis
GBP/USD Daily Forecast – 26 February
Sterling stabilized a bit in the course of the yesterday's session and even managed to rebound and come to near 1.40 handle which offered significant amount of support and pair pulled back to 1.3950 area. Tomorrow, we would pay attention to US GDP figures. Any type of supportive candles around 1.3880 level and 1.3850 area, would be short-term buying signal, while resistive candles near 1.40 area, would offer short-term buying opportunity.
Read more...- Thursday, 25 February 2016
- News
UK GDP grew by 0.5% in Q4
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