GBPUSD Overview, March 12

The GBPUSD pair holds near 1.32 in early European trading. The GBP was supported by renewed hope on potential Brexit deal approval after UK Prime Minister May concurred with European commission on some changes to her plan, in front of UK parliament vote later. The near term bias stays more bullish…

GBPUSD Forecast, March 11

The USD weakened on Friday in the midst of the jobs report which dented the market sentiment. Furthermore, that has helped the GBPUSD pair to trade above 1.3000 to session highs of 1.30179. Headlines about that the British Prime Minster May is losing support for her Brexit vote and is also confronting expanding…

GBPUSD Forecast, February 21

Cable turned over an early European session plunge to a session low level of 1.3025  and recovered more than 50-pips, yet immediately withdrawn few pips from that point. The GBPUSD pair had great two-way price action yesterday and and finished almost unaltered for the day. The GBP was overloaded by…