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GBPUSD and the Next Levels of Support
Last week, the Pound squeaked out a fresh 2018 low against the US Dollar below the August low, before quickly bouncing. But with the Pound now making a clear break below 1.2660, extending the 2018 run of declines, we thought it would be important to highlight the next key levels to watch below. Audio update […]
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Struggling Pound Gets Help from USD Outflow
If the market was looking for any more evidence of the Fed easing up with its policy normalization timeline, it got some this past Friday, with the US jobs report disappointing. Into the final weeks of the year, there has been a clear wave of renewed selling of the US Dollar. Looking ahead, all eyes […]
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Daily FX Market Commentary
Good Morning, LMAX Close USDJPY 112.709 | EURUSD 1.13883 | AUDUSD 0.72008 | NZDUSD 68604 | USDCAD 1.33256 | USDCHF 0.99031 | GBPUSD 1.27309 | LMAX highs and Lows 06.00 GMT Highs | Lows EURUSD 1.14428 | 1.13914 USDJPY 112.695 | 112.24 GBPUSD 1.27561 | 1.27056 USDCHF 0.99188 | 0.98709 AUDUSD 0.72231 | … Continue reading Daily FX Market Commentary →