Confirming you are not from the U.S. or the Philippines

By giving this statement, I explicitly declare and confirm that:
  • I am not a U.S. citizen or resident
  • I am not a resident of the Philippines
  • I do not directly or indirectly own more than 10% of shares/voting rights/interest of the U.S. residents and/or do not control U.S. citizens or residents by other means
  • I am not under the direct or indirect ownership of more than 10% of shares/voting rights/interest and/or under the control of U.S. citizen or resident exercised by other means
  • I am not affiliated with U.S. citizens or residents in terms of Section 1504(a) of FATCA
  • I am aware of my liability for making a false declaration.
For the purposes of this statement, all U.S. dependent countries and territories are equalled to the main territory of the USA. I accept full responsibility for the accuracy of this declaration and commit to personally address and resolve any claims or issues that may arise from a breach of this statement.
We are dedicated to your privacy and the security of your personal information. We only collect emails to provide special offers and important information about our products and services. By submitting your email address, you agree to receive such letters from us. If you want to unsubscribe or have any questions or concerns, write to our Customer Support.
Octa trading broker
Open trading account
Back

GBP/USD challenges 1.6700

FXStreet (Edinburgh) - The sterling keeps giving ground on Wednesday, now dragging the GBP/USD to test the key 1.6700 support.

GBP/USD weaker post-BoE

The sterling is suffering the dovish tone struck by Governor M.Carney in today’s Quarterly Inflation Report by the Bank of England. The central banker crushed hopes of a rate hike later this year and asserted that the spare capacity is higher tan previously thought. “We remain comfortable with our forecast for a February 2015 start and see the risks even skewing now to May. No wages, no hiking”, commented Analysts Rich Kelly and Jacqui Douglas at TD Securities.

GBP/USD levels to consider

As of writing the pair is losing 0.62% at 1.6706 with the next support at 1.6699 (low Jun.4) followed by 1.6693 (low May 29) and then 1.6661 (200-d MA). On the upside, a break above 1.6850 (high Aug.13) and finally 1.6872 (high Aug.7).

GBP/JPY selling pressure - ForexTrading.TV

Petar Jacimovic, currency analyst at ForexTrading.TV, notes the GBP/JPY selling pressure with ultra high volume on the market.
Read more Previous

United States Retail Sales ex Autos (MoM) came in at 0.1%, below expectations (0.4%) in July

Read more Next