GBP/USD moves upward within an ascending channel, signaling a bullish bias. The 14-day RSI is positioned just below the 70 level, indicating potential overbought conditions in...
GBP/USD remains below 1.2800 ahead of second testimony by Fed’s Powell GBP/USD remains tepid for the second consecutive day, trading around 1.2780 during the Asian session...
GBP/USD Price Analysis: Slips below 1.2800 as ‘evening star’ formation looms The GBP/USD falls during the North American session as Federal Reserve Chairman Jerome Powell appears at the US Senate...
The Pound Sterling holds gains against the US Dollar with a focus on Fed Powell’s testimony. BoE’s Haskel argued in favor of holding interest rates steady...
GBP/USD Price Analysis: Climbs to 4-week high, buyers target 1.2900 The Pound Sterling begins the week on a higher note and posted gains of more than...
Markets are monitoring the first week of Keir Starmer as UK Prime Minister following an uneventful election day for sterling and gilts, FX analyst at ING...
Further Pound Sterling (GBP) strength is not ruled out. As rapid rise is approaching overbought levels, 1.2860 is unlikely to come under threat. Nevertheless, risk for...
The Pound Sterling remains firm against the US Dollar as expectations for Fed rate cuts in September grew further. Keir Starmer’s historic victory in UK parliamentary...
GBP/USD loses traction near 1.2800 amid modest recovery of US Dollar The GBP/USD pair trades on a softer note near 1.2805, snapping the seven-day winning streak...
GBP/USD Price Analysis: Ascends on weak US Dollar, bulls eye daily close above 1.2800 The GBP/USD registered decent gains of more than 0.20% on Friday after...
GBP/USD climbed above 1.2800 after US NFP figures sparked risk rally. Broad-market risk sentiment recovered on Friday as rate cut hopes reignite. Coming up next week,...
The Pound Sterling performs strongly, as Keir Starmer’s outright majority win as UK PM has brought stability on the political front. Investors expect the BoE to...
GBP/USD climbs over 0.20%, after US jobs report reveals June gains but revises down April and May. Bullish technical outlook as GBP/USD nears key resistance at...
Despite Pound Sterling’s (GBP) limited reaction to the UK election result, the drop in the value of the US Dollar (USD) over the past couple of...
GBP/USD claws back towards 1.2800, extends into a thin but determined recovery. Political risk weighs heavily over Cable, with UK election results due late in the...
The Pound Sterling (GBP) has rebounded against the US Dollar (USD) so far this week ahead of today’s UK election, MUFG FX strategists note. GBP/USD benefits...
The Pound Sterling performs strongly against the US Dollar as the US labor market loses momentum. Investors expect the Fed to begin lowering interest rates in...
The latest Bank of England (BoE) Decision Maker Panel (DMP) survey for June showed on Thursday that “one-year ahead expected CPI inflation fell by 0.1 percentage points to 2.8%...
Pound Sterling continues to extend gains amid the ongoing UK elections The Pound Sterling (GBP) continues its winning streak, which began on June 27. The GBP/USD...
GBP/USD climbed towards 1.2780 on Wednesday as rate cut hopes reignite. US data broadly missed the mark, signs of further softening mount. UK election on Thursday...