GBP/USD clears overhead resistance

The GBP/USD 200-SMA, immediate resistance on 4-hour chart, was cleared in recent trading.

Quoting below this dynamic hurdle for multilple sessions, GBP/USD is now targeting the 800-SMA on the upside.

Aug 18, 2016

Moody's: Brexit would increase resolution risks for European covered bonds

In its latest review on the impact of Brexit on the European bonds, the US ratings agency, Moody’s Investor Service, noted that Brexit is likely to in

GBP/USD: Bulls cheer strong UK retail trade, 1.3200 eyed?

The GBP/USD pair is extending upbeat UK retail sales data inspired gains in the European session, now aiming for a break above 1.32 handle ahead of th