Ari Goldman 2017.01.28 14:14 #431

I'm optimistic about the US dollar.

François*Thierry 2017.01.30 14:08 #432

arigoldman:
I'm optimistic about the US dollar.

Greetings,
Is looks like the downside movement will continue with targets around 1.2430 - perhaps not today, but soon :)

Ivan 2017.01.31 08:54 #433

The dollar fell because of an immigration policy of Trump. The pound sterling has appreciated by 0.2 percent to $1.2516, but still remains near the weekly low of $1.2466 against the background of market nervousness in anticipation of the Bank of England meeting on Thursday.

Eur/usd Eurusd/gbpusd GBP Will Remain A

François*Thierry 2017.01.31 11:57 #434

Greetings,
We are just siting on support. Sterling may continue to loose before the BoE on Thursday, but lets see how the price will handle here 1.2410/20

deresel 2017.01.31 13:09 #435

The pound recorded a slight decrease against the dollar during the first day of the week. British currency justified the negative expectations and the couple came to the support at 1.2408. If the downward momentum continues in the future, the key level will be breached. Session on Monday launched at a price of 1.2587 as bearish sentiment prevailed from the start. Once the bottom was reached during the day at 1.2465, the pound regained some of the lost positions. The finale was put on a course of 1.2485.

Eur/usd GBPUSD news LiteForex Analytics

deresel 2017.01.31 13:11 #436

Key levels to watch for:

Support: 1.2408; 1.2252;

Resistance: 1.2672; 1.2775.

Ivan 2017.01.31 14:13 #437

Pound/dollar had a bearish momentum yesterday, bottomed at 1.2465. The bias is bearish for now to test 1.2500 - 1.2465. Overall, however, the price is still in bullish phase after the bounce from 1.2000 psychological level and any downside pullback should be seen as a good opportunity for long positions with targets near 1.2790.

Eur/usd InstaForex Wave Analysis Eurusd/gbpusd

thenews 2017.02.01 00:34 #438

British Pound Falls Hard as Bank of England Lending Data Points to a Jaded Consumer

Pound Sterling is under pressure as the latest data out of the Bank of England weighs on sentiment.

Normally markets wouldn’t take much notice of Bank of England lending data, but it appears they might have been spooked by today’s figures.

Bank of England consumer credit supply grew by £1.039BN in December, well below the £1.7BN forecast by economists suggesting a waning appetite for credit.

Is the British consumer - the mainstay of the UK economic growth story - finally getting a little weary?

Markets appear to be betting so.

"Sterling fell hard in morning London dealing today after a series of UK credit reports missed their mark. The pair was down nearly 100 points off its highs dropping to a low of 1.2412 before finding a modicum of support," says Boris Schlossberg, Director at BK Asset Management.

GBP/USD forecast - page 44

British Pound Falls Hard as Bank of England Lending Data Points to a Jaded Consumer