CurrencyShares British Pound Sterling Trust Blog | Talkmarkets | Page 1
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GBP/USD: Dead Cat Bounce? Dollar Weakness Looks Insufficient To Break Downtrend Resistance
Article By: Yohay Elam
Thursday, August 13, 2020 6:42 AM EDT
The pendulum swings again – this time against the dollar, but that may be insufficient for a rally in GBP/USD. Cable climbed above 1.3005, which turns into a double bottom after already having provided support earlier in August.
In this article: FXB, UDN, UUP
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GBP/USD Nudges Higher, FTSE 100 Picks-Up As President Trump Takes Action
Article By: DailyFX
Monday, August 10, 2020 4:43 AM EDT
Sterling is making early gains across a range of currencies but it remains to be seen if there will be any follow-through. The employment data out Tuesday is expected to show unemployment rising by 288k in May.
In this article: FXB, UDN
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Markets Week Ahead: US Dollar, Gold , Nasdaq 100, US-China Woes. Stimulus?
Article By: DailyFX
Sunday, August 9, 2020 1:40 PM EDT
All eyes have lately been on technology companies for driving some of the most aggressive gains in global equities since late March. Last week, US-China tensions may have played a key role.
In this article: FXE, FXA, FXB, FXC, FXY, GLD, USO, SPX, FXM, UUP
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Weekly Forex Forecast - Sunday, August 9
Article By: Christopher Lewis
Sunday, August 9, 2020 1:10 PM EDT
The US dollar has formed a massive hammer against the Chinese Yuan, which to me is a signal that perhaps we are going to have a little bit of “risk-off” trading in the short term.
In this article: FXE, FXB, FXY, UUP
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Forex And Cryptocurrency Forecast For August 10 - 14
Article By: Roman Butko
Sunday, August 9, 2020 1:05 PM EDT
Since March, during the entire period of the crisis, the GBP/USD pair shows a close correlation with EUR/USD, practically repeating all its fluctuations. The British pound approached its March high on August 6, reaching the height of 1.3185.
In this article: FXE, FXB, FXY, UUP, BITCOMP, ETH-X
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