Another data-driven sell-off motivated the Greenback to recede to multi-day lows amidst declining US yields across the board and ahead of the Independence Day holiday on...
GBP/USD Price Analysis: Surges past 1.2750 as buyers gain momentum The Pound Sterling rallied sharply against the US Dollar following a dismal ISM Services PMI reading,...
Current price movements are likely part of a consolidation, likely between 1.2600 and 1.2720. The Pound Sterling (GBP) could rebound further, but any advance is unlikely...
The Pound Sterling holds gains against the US Dollar as Fed’s Powell seems confident that disinflation has resumed. UK elections outcome will be the major trigger...
GBP/USD lacks firm intraday direction on Wednesday amid mixed fundamental cues. August BoE rate cut bets cap the GBP ahead of the UK general elections on...
The Pound Sterling (GBP) is expected to trade in a sideways range of 1.2615/1.2680. Current price movements are likely part of a consolidation, UOB Group FX...
GBP/USD lacks firm near-term direction, remains confined in a range around mid-1.2600s The GBP/USD pair extends its sideways consolidative price move during the Asian session on...
The Pound Sterling moves higher against the US Dollar as the Fed is expected to begin reducing interest rates in September. UK annual headline inflation has...
The Pound Sterling moves higher against the US Dollar ahead of the US core PCE Inflation for May. Revised UK Q1 GDP estimates show that the...
GBP/USD steady following a positive UK GDP report and rising US PCE Index. Technicals cap pair below 1.2700, key for buyer momentum. Strong support at 1.2634/45...
GBP/USD Price Analysis: Posts weekly losses, directionless beneath 1.2650 The GPB/USD is subdued during the North American session on Friday following a positive UK GDP report, yet an...
GBP/USD is edging higher today – helped in part by an upward revision to the first quarter GDP data, Global Head of Markets at ING Chris...
GBP/USD climbs to 1.2652, up 0.25%, remaining under the 1.2703 weekly high. Technical stance neutral; daily MAs range between 1.2641 and 1.2557. ‘Evening star’ pattern and...
GBP/USD traded in a circle on Wednesday, testing 1.2700. Key figures for both the US and UK due later in the week. GDP updates due on...
GBP/USD is steady as worse-than-expected US Consumer Confidence report, weighs on US Dollar. Technical outlook shows a ‘bullish piercing’ pattern, but momentum favors sellers, with RSI...
The Pound Sterling struggles to extend gains against the US Dollar as investors shift focus to the US core PCE Inflation. Investors expect that the BoE will start reducing key...
GBP/USD drifts higher on Monday amidst a thin early-week economic calendar. UK GDP data due at the end of the week, strictly mid-tier releases on offer...
The Pound Sterling finds support near 1.2620 against the US Dollar. UK’s economic outlook appears to be uncertain ahead of UK elections. The BoE is expected...
GBP/USD struggles near its lowest level since mid-May touched on Friday. Bets for a rate cut by the BoE in August continue to undermine the GBP....
Thursday’s Bank of England (BoE) statement and minutes suggested officials are getting closer to cutting interest rates, ING’s FX Strategist Francesco Pesole notes. August cut is...