{"id":91653,"date":"2016-06-21T06:50:11","date_gmt":"2016-06-21T10:50:11","guid":{"rendered":"http:\/\/countingpips.com\/?p=91653"},"modified":"2016-06-21T06:50:11","modified_gmt":"2016-06-21T10:50:11","slug":"pound-stabilizes-after-briefly-testing-1-47","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/06\/pound-stabilizes-after-briefly-testing-1-47\/","title":{"rendered":"Pound stabilizes after briefly testing $1.47"},"content":{"rendered":"<div id=\"inves-1899483091\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">June 21, 2016<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>Article by <a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/p>\n<p>Major currency pairs were consolidating after improvement in risk sentiment on Monday led to relief rallies in risk assets on the back of opinion polls that swung in favour of the campaign for the UK to stay in the European Union.<\/p>\n<p>Two opinion polls on Monday showed that the \u201cremain\u201d camp has recovered some ground in the Brexit debate.<\/p>\n<p>Sterling closed 2.4 per cent higher on Monday, marking its biggest one-day gain since December 15 2008.The British pound eased against the dollar in Asian trading on Tuesday.<\/p>\n<p>There has been some profit taking today after Monday\u2019s gains.<\/p>\n<p>GBPUSD eased 0.1 percent in Asian trade to $1.4658, having pulled back from a three-week high of $1.4721 set on Monday.<\/p><div id=\"inves-3791424318\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>EURGBP climbed 0.5 percent sterling to 77.31 after setting a near three-week low of 76.925 pence on Monday.<br \/>\nEURUSD edged up 0.1 percent to $1.1326.<\/p>\n<p>USDJPY slipped early in the session to 103.58 yen, bringing the yen close to its 22-month high of 103.55 set last Thursday.<\/p>\n<p>Oil prices also benefited from the general improvement in risk appetite in markets on Monday, but had eased in Asia today. Brent crude, the international benchmark, was down 0.5 per cent at $50.42 a barrel, while West Texas Intermediate, the US marker, was down 0.3 per cent at $49.20.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-54242 alignleft\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2014\/07\/Forex-Time-Logo.png\" alt=\"Forex-Time-Logo\" width=\"262\" height=\"90\" \/><strong>Article by <span style=\"text-decoration: underline;\"><a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/span><\/strong><\/p>\n<p><strong>ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 <a href=\"http:\/\/www.forextime.com\" target=\"_blank\">www.forextime.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article by ForexTime Major currency pairs were consolidating after improvement in risk sentiment on Monday led to relief rallies in risk assets on the back of opinion polls that swung in favour of the campaign for the UK to stay in the European Union. Two opinion polls on Monday showed that the \u201cremain\u201d camp has [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-91653","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/91653","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=91653"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/91653\/revisions"}],"predecessor-version":[{"id":91669,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/91653\/revisions\/91669"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=91653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=91653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=91653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}