| 21 Nov 2017 05:03 | Market Realist |
The British pound (FXB) appreciated by 0.17% against the US dollar (UUP) for the week ending November 17. The pound (GBB) closed for the week at 1.3, managing to weather the Brexit and political uncertainty.
moreGBPUSD: Retail trader data shows 43.7% of traders are net-long with the ratio of traders short to long at 1.29 to 1. In fact, traders have remained net-short since Apr 12 when GBPUSD traded near 1.24863; price has moved 3.2% higher since then.
moreLast month's reading of 53.3 disappointed markets and sent the British Pound lower. Sterling has so far been struggling in April.
more| 31 Oct 2016 08:54 | Pound Sterling Live |
Those with an interest in the future direction of the British Pound should be aware that the currency's multi-week stability should not be read as the end of the downturn.
more| 20 Sep 2016 06:31 | Pound Sterling Live |
Yet, there were enough changes in the Fed's communication to prompt the GBP/USD to recover som of the ground it has lost over recent days as we see it at 1.3072 at the time of writing confirming that there is some element of technical support for the ...
moreThe British pound traded at $1.2979 as of 1:19 p.m. HK/SIN on Thursday. The pound dropped to a fresh 31-year low of $1.2796 on Wednesday amid persistent uncertainty surrounding the U.K.
moreRussia's biggest bank is telling its retail clients to ditch the euro and British pound in favor of the home-team: the ruble.
moreThe pound has tumbled to a fresh 31-year low, at one point dipping below US$US1.28, on fears Brexit will hit Britain's property market and the prospect of cuts in Bank of England interest rates. The pound, one of the main vehicles through which ...
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