British Pound Outlook: GBP May Rise as Covid-19 Cases Begin to Fall 2021-01-19 07:30:00 Daniel Moss, Analyst
British Pound, Coronavirus Infections, Vaccination Rates, GPB/USD, GBP/JPY – Talking Points:
Equity markets broadly gained during APAC trade as risk appetite notably firmed.
The marked drop in coronavirus infections in the UK may underpin the British Pound in the near term.
GBP/USD and GBP/JPY rates eyeing a push to retest their respective January highs. Advertisement
Asia-Pacific Recap
Risk appetite markedly firmed during Asia-Pacific trade as investors key in on President-elect Joe Biden’s inauguration and the Senate hearing for Treasury Secretary nominee Janet Yellen. Australia’s ASX 200 soared 1.19% alongside Japan’s Nikkei 225 and Hong Kong’s Hang Seng index, climbing 1.39% and 1.75% respectively.
British Pound Price Action Setups: GBP/USD, GBP/JPY, GBP/NZD
2021-01-14 04:30:00
Daniel Moss,
Analyst
British Pound, GBP/USD, GBP/JPY, GBP/NZD, IGCS – Talking Points:
GBP/USD attempting to push to fresh yearly highs as prices continue to battel with key resistance.
GBP/JPY poised to extend gains after slicing above Schiff Pitchfork median resistance.
GBP/NZD may give up gained ground as prices fail to hurdle the trend-defining 50-MA.
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The British Pound seems poised to gain ground against its haven-associated counterparts in the near term, after clearing key technical resistance levels. However, the currency may give up gained ground against the cyclically-sensitive New Zealand Dollar. Here are the key levels to watch for GBP/USD, GBP/JPY and GBP/NZD rates.
British Pound at Risk as Downing Street Weighs Tighter Restrictions
2021-01-11 07:30:00
Daniel Moss,
Analyst
British Pound, GBP/USD, GBP/JPY, Coronavirus Restrictions, Tier 4 Lockdowns – Talking Points:
Equity markets broadly lost ground during APAC trade as climbing US real yields weighed on global risk assets.
The potential tightening of coronavirus restrictions may undermine the British Pound in the coming days.
GBP/USD at risk of further losses after slipping back below 8-EMA.
GBP/JPY could slide lower as price fails to breach key resistance.
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Asia-Pacific Recap
Equity markets broadly lost ground during Asia-Pacific trade as investors weighed the impact of the notable spike in US Treasury yields on global risk assets. Australia’s ASX 200 index fell 0.9% despite better-than-expected retail sales data for November, while China’s CSI 300 index slipped 1.03% amid a fresh outbreak of coronavirus cases on the mainland.
British Pound Aiming Higher as UK Lawmakers Approve Brexit Trade Deal 2020-12-31 07:30:00 Daniel Moss, Analyst
British Pound, Brexit Trade Deal, GBP/JPY, GBP/USD, IGCS – Talking Points:
Equity markets traded mixed during the APAC session in light pre-holiday trade.
The ratification of Britain’s post-Brexit trade deal with the EU may bolster the British Pound.
GBP/JPY poised to extend recent topside push as price pierces psychological resistance. Advertisement
Asia-Pacific Recap
Equity markets traded mixed during Asia-Pacific trade in thin pre-holiday trading volumes, as investors mulled the pace of global vaccine distributions.
Australia’s ASX 200 slid 1.43% as Victoria ended a 61-day virus-free streak, recording 6 new locally-acquired Covid-19 cases, and infections in New South Wales continued to climb. Japan’s Nikkei 225 also slipped lower as Tokyo recorded over 1,000 new
New Zealand Dollar Technical Analysis: NZD/USD, NZD/JPY, GBP/NZD 2020-12-16 02:00:00 Daniel Moss, Analyst
New Zealand Dollar, NZD/USD, NZD/JPY, GBP/NZD, Technical Analysis – Talking Points:
NZD/USD poised to extend gains as prices remain constructively perched above key support.
NZD/JPY rates eyeing a push to fresh yearly highs.
GBP/NZD at risk of further losses after collapsing through long-term trend support. Advertisement
The cyclically-sensitive New Zealand Dollar looks set to extend its climb higher against its major counterparts, as multiple bullish technical setups begin to take place on several NZD crosses. Here are the key levels to watch for NZD/USD, NZD/JPY and GBP/NZD rates.