FOREX news for the British Pound (GBP). Topics include: valuation, investment banking comments, announcements, trading profits and projected values.

USDGBP Holding Until Wednesday

November 4, 2016 0

USDGBP continues to rise into the weekend holding shy of 1.25.  This could be due to the UK’s high court ruling on Brexit  or the news filtering out from the US regarding it’s presidential election.

World News In 400 Words Or Less

November 4, 2016 0

What a crazy week?  Anybody else have trouble remembering this is the current US political landscape and not a week long trailer for the next season of ‘House of Cards’?  Our differences should be a

EURGBP Catching A Bid

November 1, 2016 0

EURGBP moved lower on the news that BoE Govenor Carney planned to stay at his post until June 2019.  The trend reversed after a weak UK manufacturing number dropping to 54.3 which was slightly lower

Carney is in and GBP might not be out!

November 1, 2016 0

Bank of England Governor Mark Carney ended speculation that he would soon resign his post on Monday when he announced that he’ll extend his term to June 2019.  The market saw this as a stabilizing

Forex Portfolio Update

May 31, 2016 1

The Forex portfolio continues to rise on the support of the long position in USDJPY and the short position in EURGBP. The year-to-date return is 83.5% and we expect that the market will temporarily take

Should You Sell EURGBP at .77297?

May 23, 2016 0

Last night we closed all of our positions in the Forex portfolio and booked a profit over 50%. This morning while we were reevaluating the market we felt that EURGBP offered a decent reward to

GBP Is Searching For Direction

May 23, 2016 0

The economic data from the United States continues to be mixed with a large beat last week in existing home sales followed by a lower than expected PMI number earlier today. Meanwhile the British Pound

EURGBP Trade Update – Hitting Support

May 19, 2016 0

We entered a short position on EURGBP earlier this month with an average entry position of .7858.  It took awhile for the pair to move lower but it finally dropped this week when the UK

Forex Portfolio: Up 60% – EURGBP

May 19, 2016 0

The Fed’s minutes were very good to the portfolio driving USDJPY over 110. EURJPY has also started to move but it his having an issue with jumping over the trendline which is around 124.5. The

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