- Monday, 04 January 2016
- News
UK Manufacturing PMI down in December
- Friday, 01 January 2016
- News
Number of UK house sales down, but prices up by 4.5%
- Thursday, 31 December 2015
- Daily Technical Analysis
GBP/USD Daily Forecast – 04 January
Sterling was pushed lower in the course of Thursday's session. After initial steadier beginning of the session, pair broke decisively below 1.48 handle in the US part of the session, despite weaker than expected US figures. This is mostly due to fact that since it was New Year's Eve and markets will not be reopened until Monday, smaller traders set the direction for the market. Read more...
- Thursday, 31 December 2015
- Weekly Technical Analysis
GBP/USD Weeky Forecast – 04 January – 08 January
Despite lack of liquidity due to holiday season and no major data releases, Sterling was pushed lower in the course of the last week, breaking below 1.48 handle, which was important supportive point for such a long time. This is of course quite negative sign, and it is likely that pair will head lower in the next few sessions. Next week, we would pay attention to US FOMC Meeting Minutes and NFP figures as well as UK PMI and Industrial Production data.
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