- Tuesday, 23 February 2016
- News
BoE unlikely to set negative rates
- Tuesday, 23 February 2016
- News
German Business Confidence fell more than expected
- Monday, 22 February 2016
- Daily Technical Analysis
GBP/USD Daily Forecast – 23 February
Sterling was pushed significantly lower in the course of the yesterday's session which is mostly result of Brexit concerns and decision between MP's as well as worries what Brexit could mean for UK economy. Pair went all the way to 1.4050 area, where it found some amount of support and managed to rebound by the end of the session. Tomorrow, we would pay attention to Inflation Report Hearings. Any type of supportive candles around 1.4050 level, would be short-term buying signal, while resistive candles above 1.4250 area, would offer short-term buying opportunity.
Read more...- Monday, 22 February 2016
- Daily Fundamental Analysis
GBP/USD Daily Forecast – 23 February
Though there were no major data releases from the UK yesterday, Sterling was pushed significantly lower on Brexit concerns. The UK will vote on whether to remain in the EU on Thursday 23 June, Prime Minister David Cameron has said. The prime minister made his historic announcement in Downing Street after briefing the cabinet. He said he would be campaigning to remain in a reformed EU - and described the vote as one of the biggest decisions "in our lifetimes". Ministers immediately divided up into the leave and remain camps as the campaigns got under way in earnest. Read more...
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