British pound news

US Dollar Risks Collapse on Dow Surge…If this is a True Risk Rally Euro Fails to Crack $1.32 – Greek Tragedy Enters Final Act Japanese Yen Outlook in Disarray as Greek Fiasco Beckons Intervention British Pound To Reverse Course As BoE Expands QE Gold Fails to Break December Highs - Bearish Tone Australian Dollar At Risk Of Major Selloff Amid RBA Rate Cut When Will the Kiwi’s Rem…

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FXstreet.com (Florida) - The Pound is recovering from the recent losses against the Dollar on the... For more information, read our latest forex news.

FXstreet.com (Florida) - The Pound is trading higher right now against the Yen with the pair rising... For more information, read our latest forex news.

FXstreet.com (Barcelona) - The impressive and unexpected NFP (+243K) figures in January have... For more information, read our latest forex news.

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FXstreet.com (Barcelona) - The UK services PMI pushed the pair higher, but got capped at 1.860... For more information, read our latest forex news.

Fewer people were declared insolvent in 2011 in England and Wales than in 2010, but the number of companies going bust increased.

The UK's service sector grew at its fastest rate since March 2011 in January, according to a closely watched survey.

FXstreet.com (Barcelona) - January’s services PMI rose to 56, crushing the 53 expected and posting... For more information, read our latest forex news.

FXstreet.com (Barcelona) - As UK services PMI registered a rise from 54 to 56, instead of the... For more information, read our latest forex news.

FXstreet.com (Barcelona) - Even with underperforming economic data, the GBP/USD has been rallying... For more information, read our latest forex news.

FXstreet.com (Barcelona) - UK PMI Services grew to 56 points in January, from 54 points in... For more information, read our latest forex news.

U.K. services sector records wider than anticipated expansion of 56.0 in January from the prior expansion of 54.0, compared with analysts forecasts of 53.3.

FXstreet.com (Barcelona) For more information, read our latest forex news. For more information, read our latest forex news.

On Thursday Pound/Dollar decreased insignificantly with 65 pips. The Cable depreciated from 1.5859 to 1.5794 yesterday, in converse with the positive Interbank sentiment at above +54%, closing the day at 1.5802. Today the British Pound weakened slightly further, reaching 1.5784. On the 1 hour chart the upward channel looks good, while on the 3 hour chart the upward channel is also intact. First re…

The National Institute of Economic and Social (NIESR) said in a report on Friday the British economy has entered a mild recession and will contract 0.1% in 2012 as the escalating European debt crisis will continue to weigh on exports and confidence. NIESR expects 0.2% and 0.1% contractions in the fi...

Technical analysis for major currencies with major support, resistance levels and recommendations for 03-02-2012

EUR/USD Buy at 1.3125 SL 1.3093 TP 1.3202 USD/JPY Sell at 76.19 SL 76.51 TP 75.47 GBP/USD Buy at 1.5806 SL 1.5774 TP 1.5894 USD/CHF Sell at 0.9184 SL 0.9216 TP 0.9100 today so far +70, total yesterday +102 pips

Technical Cross Report - Euro vs. Great British Pound (2012-02-03)

Technical Cross Report - Great British Pound vs. Japanese Yen (2012-02-03)

GBPUSD Forecast The GBPUSD bullish momentum was stopped yesterday but so far still able to move above 1.5780 support area (former resistance). In fact, 1.5780 is an ideal place for a long position with good risk – reward ratio, tight stop loss below 1.5780 targeting 1.5900 – 1.6000 region. A clear break and daily close [...]

FXstreet.com (Barcelona) - The sterling has resumed the upside on Friday after yesterday’s... For more information, read our latest forex news.

FXstreet.com (San Francisco) - GBP/JPY opened the Asia-Pacific trade at 120.43 this Friday and has... For more information, read our latest forex news.

FXstreet.com (San Francisco) - The GBP/USD rally is taking a more pronounced breather than the one... For more information, read our latest forex news.

The UK will enter recession in the first half of the year as households continue to cut back, says the National Institute of Economic and Social Research.

FXstreet.com (Florida) - After sliding down from 1.5840 to reach a marginal intra-day low of 1.5795... For more information, read our latest forex news.

FXstreet.com (Córdoba) - The Pound briefly fell below 1.5800 versus the Dollar following dovish... For more information, read our latest forex news.

Pound sterling gains were halted in the overnight following the release of the Markit/CIPS UK construction PMI survey. Although still relatively positive, survey results were worse than had been anticipated by analysts, leaving some still skeptical of any short term UK economic recovery. As a result, the British pound traded slightly lower to yesterday’s high [...]

FXstreet.com (Córdoba) - Although the Cable has come off from its high of 1.5882, the retracement... For more information, read our latest forex news.

FXstreet.com (Barcelona) - The pair dropped 36 pips to 0.8275 (2-weeks low) after Juncker said that... For more information, read our latest forex news.

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A member of the Bank of England's Monetary Policy Committee criticises banks for not lending enough to businesses and asks if they are "risk-averse jerks".

FXstreet.com (Barcelona) - The pair is closing the first week in the red after three consecutive... For more information, read our latest forex news.

This GBP/USD signal is based on the hourly chart, so don't wait long to make your move.

FXstreet.com (Barcelona) - Ahead of UK construction PMI data, where it was expected a drop to 52.7... For more information, read our latest forex news.

FXstreet.com (Barcelona) - The GBP/USD has been dropping since London opening after being capped at... For more information, read our latest forex news.

FXstreet.com (Barcelona) - UK Construction PMI decreased to 51.4 points in January, following a... For more information, read our latest forex news.

U.K. construction recorded a narrowing in expansion in January as the reading retreated to 51.4 from the prior 53.2, lower than estimates of 52.5.

FXstreet.com (Barcelona) For more information, read our latest forex news. For more information, read our latest forex news.

EUR/GBP has been in a bear market lately, as the Eurocentric issues continue to drag on. The Euro has suffered against almost all currencies over the last several months, and the Pound has been no different.

On Wednesday Pound/Dollar continued increasing with 180 pips. The Cable appreciated from 1.5705 to 1.5883 yesterday, in line with the positive Interbank sentiment at above +38%, closing the day at 1.5831. Today the British Pound is trading quietly, with movements at the upper end of yesterday's range for the time being. On the 1 hour chart the upward channel looks good, while on the 3 hour chart n…

EUR/USD Sell at 1.3191 SL 1.3223 TP 1.3114 USD/JPY Sell at 76.16 SL 76.48 TP 75.44 GBP/USD Sell at 1.5857 SL 1.5889 TP 1.5769 USD/CHF Buy at 0.9143 SL 0.9111 TP 0.9227 today so far +57, total yesterday +135 pips

FXstreet.com (Barcelona) - The pair gains 0,11% since yesterday close and is trading at 0.8321 at... For more information, read our latest forex news.

FXstreet.com (Barcelona) - January’s manufacturing PMI gave the pound a boost in yesterday’s... For more information, read our latest forex news.

GBPUSDÂ Forecast The GBPUSD attempted to push lower yesterday, bottom at 1.5705 but whipsawed to the upside and strongly broke above 1.5780 and the 200-daily-EMA, topped at 1.5881. The bias is bullish in nearest term testing 1.6000 region as a part of the bullish scenario since the breakout above the trend line resistance as you [...]

Technical analysis for major currencies with major support, resistance levels and recommendations for 02-02-2012

Technical Cross Report - Euro vs. Great British Pound (2012-02-02)

Technical Cross Report - Great British Pound vs. Japanese Yen (2012-02-02)

FXstreet.com (San Francisco) - GBP/USD traded a broad range between 1.5695 and 1.5795 on Wednesday,... For more information, read our latest forex news.

FXstreet.com (Buenos Aires) – Dollar has been recovering some of the lost ground late US session,... For more information, read our latest forex news.

FXstreet.com (Florida) - The Pound has continued with its bullish sentiment today after jumping... For more information, read our latest forex news.

FXstreet.com (Barcelona) - The pair gains 0.16% during the day and is quoting at 0.8313 at the time... For more information, read our latest forex news.

Positive developments coming out of the euro-area propped up market sentiment on Wednesday, but the rise in risk-taking behavior may be short-lived as the heightening risk for contagion continues to dampen the outlook for the world economy.

FXstreet.com (Barcelona) - After beginning the European session dropping to 1.5706 on weak U.K.... For more information, read our latest forex news.

FXstreet.com (Florida) - After trading lower yesterday American session from 120.60 and testing... For more information, read our latest forex news.