| 06 Feb 2018 09:58 | Pound Sterling Live |
The Pound is tipped to rise over the next 12 months for four main reasons, according to analysis from BMO Capital Markets who cite easing Brexit concerns, undervaluation, a weaker US Dollar and increased chances of higher interest rates as being behind ...
moreGBPUSD - The ratio of long to short positions in the GBPUSD stands at 1.33 as 57% of traders are long. Yesterday the ratio was 1.15; 53% of open positions were long.
more| 29 Nov 2016 14:46 | Money Magazine |
The latest British pound notes have an unusual ingredient: animal fat. The Bank of England said Monday that the £5 notes—which went into circulation in September—contain traces of tallow, which is derived from animal fat, CNN Money reported.
more| 28 Jul 2016 07:27 | Pound Sterling Live |
“The outlook for GBP remains uncertain and sterling will be sensitive to a wider array of variables than it has been in the recent past.
moreGBPUSD– Retail FX traders continue to buy into British Pound weakness versus the US Dollar, and a contrarian view of 'crowd' sentiment warns that further GBP/USD losses are likely. From a risk-to-reward perspective, however, we see key reasons for why ...
more| 20 Jun 2016 10:17 | Pound Sterling Live |
“Short-term investors appeared in a hurry to readjust their GBP positioning to new opinion polls, nevertheless, the market remains heavily hedged against a potential Brexit,” says Ipek Ozkardeskaya at London Capital Group.
moreIn particular, the British Pound (GBP) is primed for strength while the Russian Ruble (RUB) and Turkish Lira (TRY) are both showing signs of continued weakness.
more| 16 Apr 2015 06:00 | Pound Sterling Live |
“GBP/USD finally broke the 1.48 resistance (multiple low and Fib 23.6% on Feb-Mar sell-off) to trade higher up to 1.4880.
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