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Tools for TradersTop Movers | Heat Map | Pivot Point | Pivot Meters | Action Bias | Volatility Charts Action InsightPounds Soars on as CPI Hit One Year High, Technically Bullish in Near Term The British Pound surges sharply today as boosted by strong inflation reading. BoE is still widely expected to keep bank rates and asset purchase target unchanged on Thursday. But there is now more re... PBOC Removes Capital Control. Yet, Renminbi Internationalization Remains Distant USDCNY continues to recover after the pair slumped to the lowest level since December 2015 last Friday. The rebound, long-awaited as the broad-based USD weakness has caused the pair to decline over th... Technical OutlookGBP/USD Mid-Day Outlook GBP/USD's rally resumed quickly after brief consolidations. Break of 1.3267 resistance also confirms resumption of whole rise from 1.1946. Intraday bias is back on the upside for 1.3444 key resistance... Suggested ReadingsGBP/USD Paves Way Towards 1.35 as CPI Climbs to 2.9% Elliott Wave Analysis: USDCAD And NZDUSD Intra-day Movement Sterling Soars As UK Inflation Jumps WTI Oil Futures Risk Seeing More Downside GBP Better Bid As Brexit Bill Passes First Test Dollar Builds On Gains As Risk Sentiment Rises, Pound Vs Euro Hits 1-Month High Softened Sanctions On North Korea & Fading Irma Concerns Sends S&P 500 To Record High Trade With Our Partners
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