Japan BoJ Interest Rate Decision remains at 0.1%

Sep 5, 2013

Flash: GBP/USD, nice H&S topping formation in play - JPMorgan

FX Strategists at JP Morgan see a high probability that a 2nd wave top is already in place at
1.5718, following a H & S topping pattern, which now needs a break below 1.5471/32 (daily trend.-neckline) to be confirmed.

GBP/USD, giving in on bearish pressure; is 1.56 sustainable?

GBP/USD extends bearish momentum to continue retracing from yesterday’s 1.5646 session highs. The most recent Syrian conflict updates continue strengthening the dollar ahead of the BoE asset purchase facility data, UK housing data and US labor results later in the day.