The Pound Sterling holds the two-week low support at 1.2845 against the US Dollar after the US core PCE Price index data release. The BoE is expected...
GBP/USD stabilizes at 1.2858 after sellers failed to clear the 1.2900 level. Momentum favors buyers, but long positions in Sterling risk vulnerability if BoE cuts rates....
The Pound Sterling (GBP) has nudged a little higher in quiet Asian and European trade after closing on the lows yesterday, Scotiabank’s Chief FX Strategist Shaun...
GBP/USD Price Analysis: Drops below 1.2900 amid strong US data The Pound Sterling dropped below 1.2900 for the third consecutive day, edged lower 0.17%, and traded...
The Pound Sterling declines against the US Dollar to nearly 1.2880 amid dismal market sentiment ahead of advanced US Q2 GDP data. Firm preliminary S&P Global/CIPS...
GBP/USD remains subdued around 1.2900, bouncing off daily lows of 1.2877. Sellers failed to achieve a daily close below 1.2900, but momentum favors further losses. Key...
GBP/USD Price Analysis: Stuck in range, clings to 1.2900 The Pound Sterling clings to minimal gains, though it remains stuck within the 1.2880-1.2940 range against the...
The Pound Sterling recovers after upbeat preliminary UK S&P Global/CIPS PMI for July. UK’s Composite PMI beats estimates and the former release. The Fed is expected to pivot...
GBP/USD Forecast: Pound Sterling extends sideways grind above 1.2900 Following the sharp drop seen in the second half of the previous week, GBP/USD registered small gains...
The Pound Sterling (GBP) is expected to consolidate in a range of 1.2905/1.2955, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann notes. Rangebound...
GBP/USD Price Analysis: Bullish potential seems intact while above 1.2900 mark The GBP/USD pair struggles to capitalize on the previous day’s modest bounce from the 1.2900...
GBP/USD Price Analysis: Subdued hovers around 1.2900 The Pound Sterling begins the week virtually flat against the Greenback on Monday, trading at around 1.2910 after hitting a daily...
The Pound Sterling (GBP) is trading modestly firmer on the daily chart today. While gains are slight, they may be enough to signal a halt in...
The Pound Sterling retreats against the US Dollar ahead of a US data-packed week. Growing speculation for Trump’s victory has improved the US Dollar’s appeal. A...
Pound Sterling hits hard by sharp contraction in UK Retail Sales The Pound Sterling (GBP) extends its correction against the majority of its peers in Friday’s New York session....
GBP/USD outlook: Cable dips further after downbeat UK Retail Sales Cable remains in red for the second consecutive day and extends pullback from new one-year high...
The Pound Sterling (GBP) losses have extended to the 1.29 area following weaker than expected UK Retail Sales data for June, Scotiabank’s chief FX strategist Shaun...
The Pound Sterling further corrects against the US Dollar after the release of weaker-than-expected UK Retail Sales data for June. Doubts over the BoE to begin...
Room for Pound Sterling (GBP) to drop to 1.2915 before the risk of a rebound increases; the next support at 1.2860 is unlikely to come under...
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