Tag Archives: pound

Heads up GBP CPI in about an hour 8:30 GMT

UK CPI expected at 1.6% prior 1.7% GBP/USD falling below 1.67 prior to release. Advertisements

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Stock Picks for 4/14 !

Good evening everybody ! This should be an interesting week as I am on SPRING BREAK! Which means I will be trading 24/7! Our penny picks for today are MSITF,SSHSQ, KNSC . Our Open Forex trades are CAD/JPY SHORT! & … Continue reading

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GBP/USD Short Trade Potential Double Top 4/13 Update

We have entered short on GBP/USD on 4/09 and are looking for continuation and a possible double top. There is a nice Doji and a confirmation candle on 4/10 which should lead to further GBP losses. The BOE is expected … Continue reading

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EUR/USD Outlook April 11th 2014 (CPI Data)

The Euro has rallied vs the USD every day this week but is expected to come under pressure amid a wave of upcoming Euro CPI data. The Euro is having trouble making a lot of headway past long term trend … Continue reading

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GBP/USD Outlook April 10th 2014 (BOE Decision)

The BOE is expected to hold rates unchanged today at 0.50% and keep the asset purchase target unchanged at 375B GBP. Any change from this would see a dramatic reaction in GBP/USD and other GBP pairs. The GBP has rallied … Continue reading

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