GBP Stumbles To A New Low Not since 1985, that’s over 31 years ago, have we seen this kind of weakness in Cable. I don’t believe anyone including all the analysts had any idea the…
Tagged By GBP
How Much Lower Can The GBP Go?
The GBP which posted its third consecutive monthly drop against the USD in July, has continued to weaken against every single one of its major peers since May this year. Brexit came and went like a…
Update on the BOE’s “Super Thursday” and Outlook for the Sterling and Greenback
Today’s Bank of England events – when the BoE released its rate decision, meeting minutes, and Quarterly Inflation Report, earned today the title of a “Super Thursday”. In reality, it wasn’t such a “super” day…
The Sterling Anticipates “Super Thursday”
The Sterling has been steadily weakening since peaking at its year high of 1.4769 against the Greenback on May 3rd and previously we did not see the Cable at that level since December 31, 2015.…
7 Year Low On The Cable – Will The Short Trend Continue?
Today, the Cable sank below $1.39 for the first time since March 2009. As the world worries about the financial health of Britain, Prime Minister David Cameron announced June 23rd as the date the U.K. votes…
CURRENCY PROFILE: What you need to know when trading the Cable (GBP)
Now that you have learned the essentials of trading the USD and trading the CAD, it is time to focus on the Great British Pound (GBP) Forex traders love to trade the GBP because of its…
