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Forex Forum Archive for 01/02/2016
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Brock 13:44 GMT January 2, 2016
SA Stock Market News
Seeking Alpha (11,695)
￼ The Market Master
Pounding The Pound: 2016 Forecast For The GBP
Jan. 2, 2016 5:02 AM
Poor inflation, shaky business confidence and Eurozone growth risks weigh on the Pound.
Long term technicals look very poor for the cable.
A sharp interim bounce is likely before the big move down.
One currency pair that has continued to disappoint longs for some time now is the cable. The question at hand is of course will this disappointment continue? We look at some economic data points in the UK, as well as the long term technical picture for the cable to see if we can draw a potential 'road map' for the Cable.
Let's start with the economic fundamental picture, looking first at the positives for the UK economy.
GVI Forex Blog 13:00 GMT January 2, 2016
Active Year In Store
John M. Bland, MBA, CTA
Market Bias For A Strong USD in 2016
Expectations are for a strong USD performance in the new year with the Fed widely seen raising rates in the first half of the new year, while the bias of ECB policy is expected to remain dovish
Active Year In Store
Saar KaL 05:01 GMT January 2, 2016
2016 Ranges cable
Pair_____ ___1 Year_____________1 Month
GBPUSD 1.5475 1.4676 1.4867 1.4676
Might be a year buy into Jan
GBPAUD 2.2055 2.0168 2.0491 2.0168
Actionable trading levels delivered LIVE to YOUR charts
GVI Trading. Potential Price Risk Scale
Mon 27 May 2019
AA: Major, A: High, B: Medium
Tue 28 May 2019
A 14:00 US- Consumer Confidence
C 13:00 US- Case-Shiller
Wed 29 May 2019
A 08:55 DE- Employment
AA 18:00 US- BOC Decision
A 18:30 US- EIA Crude
Thu 30 Mar 2019
A 12:30 US- Weekly Jobless
Fri 31 Mar 2019
AA 10:00 EZ- Flash HICP
A 12:30 US- Personal Income, Spending, Deflator
AA 14:00 US- Final Univ of Michigan
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