Tag - gbp

EUR/GBP: bears eye 16-month-old support
EUR/GBP: bears eye 16-month-old support

The dollar gains against low-yielding currencies on Wednesday, hitting a five-month high against the yen as US bond yields jumped on the prospects of further economic recovery.

February 15-19: a coming doomsday or record-breaking?
February 15-19: a coming doomsday or record-breaking?

While the S&P is coming to beat the never-seen-before epic mark of 4,000, there are those who say that it may be the last days of the stock market's glory before it plunges underground! In the meantime, oil is celebrating $60, gold keeps going lower, and more companies report their earnings this week.

How about shorting the pound?
How about shorting the pound?

The level of 23.6% Fibonacci retracement at 1.3795 is in the focus on the H4. The next level to watch on the downside is 1.3755.

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Don’t waste your time – keep track of how NFP affects the US dollar and profit!

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