British Pound Could Recover on Unwind of Record Forex Positions
September 5, 2008
The British Pound saw its largest single-week decline in at least 10 years, as increased fears of a prolonged UK economic recession sparked a sharp wave…
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Forex Trading Sentiment Forecasts British Pound Rallies
September 4, 2008
Our forex sentiment indicator forecasts that the British Pound is likely to rally against the US dollar through short term forex trade, as traders have…
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Forex Trading Sentiment Forecasts British Pound Rallies
British Pound Awaits BOE Rate Decision - Will They Consider Cutting Rates?
September 3, 2008
The British pound ended the day slightly lower versus the US dollar, and is down almost 2.5 percent from last week’s close.
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Euro Open: German Economy to Shrink, Threatening Recession
August 26, 2008
The Euro reversed US session gains overnight, falling to challenge the 1.47 level, while the British Pound dipped below 1.85 once again. A busy calendar…
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Pound Volatility Leveraged By Low Liquidity
August 25, 2008
Though most of the UK financial sector was closed for Monday?s Summer Bank Holiday, the British pound was more volatile than it has been in some time….
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British Pound’s Prospects Remain Weak
August 22, 2008
The British pound ended last week down more than 2 percent as UK GDP unexpectedly stagnated during Q2 and led the annualized rate of growth to slow to…
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British Pound’s Prospects Remain Weak
British Pound Falls Over 200 Points As UK Economy Stagnates
August 22, 2008
The greenback was strong across the majors on Friday, but was especially so against the British pound as UK GDP was revised down significantly.
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British Pound Falls Over 200 Points As UK Economy Stagnates
British Pound Vulnerable to Sharp Pullback Next Week
August 22, 2008
While the British Pound may be in a longer term downtrend, positioning (COT) and other technical considerations warn of a sharp pullback.
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British Pound Rebounds As UK Retail Sales Surge – But Did They Really?
August 21, 2008
The British Pound recovered on Thursday and managed to break above resistance at 1.87 as UK consumer spending surprisingly improved.
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