Forex Forum Archive for 01/02/2016

Brock 13:44 GMT January 2, 2016
GBP..Fyi article
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Seeking Alpha (11,695)


Analysis 
 The Market Master
Pounding The Pound: 2016 Forecast For The GBP
Jan. 2, 2016 5:02 AM
Summary
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
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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
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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