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Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November

Canadian employment likely declined in November, jobless rate to have risen to 9 pct

German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

United States building permits

U.S. existing home sales rise above expectations in October

Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed

U.S. House prices increase slightly in July

Reserve Bank of India likely to stand pat in December

Germany's unemployment exceeds expectations in September

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Bank Indonesia keeps key interest rate on hold at 3.75 pct

U.S. weekly jobless claims unexpectedly decrease

Swiss franc likely to gradually depreciate against euro in coming months

Canada's economy shows growth in July, but growth stalled in

U.S. Q3 economic growth unrevised in second estimate

U.S. personal income and spending rose less than expected in August

Australian private new capital expenditure likely fell further in Q3 2020 - ANZ

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FxWirePro: GBP/USD consolidates in narrow range, good to sell on rallies

Thursday, August 13, 2015 9:02 AM UTC

GBP/USD has recovered from the low of 1.5423 (Aug 7th low) till 1.5658 yesterday. Cable has once again retreated from that level.

Overall trend is still weak as long as resistance 1.5690 holds.
On the lower side minor support is around 1.5580 and any break below targets 1.5525/1.5480/1.5455 in short term.
Any break above 1.5630 will extend gains till 1.5650/1.5690.

It is good to sell on rallies around 1.5650-60 with SL around 1.5690 for the TP of 1.5490/1.5465.

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FxWirePro: GBP/USD consolidates in narrow range, good to sell on rallies

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