GBP/USD hit fresh lows on Friday as Cable extended declines. Upbeat US PMIs drive off risk appetite, bolster Greenback. GBP traders buckle down for a long...
GBP/USD remains heavy as BoE delivers ‘dovish’ hold. UK Retail Sales crushed estimates, but PMIs were softer. Tested 50-DMA, bounced but remains above 100-DMA, sitting at...
GBP/USD Price Analysis: Extends losses and approaches 1.2600 The Pound Sterling prolonged its agony and fell for the second straight day after the Bank of England’s decision...
Data from the United Kingdom reflects a mixed picture of the economy. The Pound Sterling (GBP) has underperformed on the week relative to most of its...
UK Services PMI unexpectedly declines to 51.2 in June. Manufacturing PMI in the UK rises to 51.4 in June. GBP/USD holds lower ground near 1.2650 after...
The Pound Sterling strengthens after UK Retail Sales grew more than expected in May. Strong UK Retail Sales could weigh on BoE rate-cut hopes for August. Investors will keenly focus...
The UK Retail Sales rebounded 2.9% MoM in May, a big beat. Monthly Core Retail Sales for the UK jumped 2.9% in May. GBP/USD holds gains...
GBP/USD edges down 0.30%, following the Bank of England’s rate decision. Technical outlook shows neutral to upward bias, with critical support at 1.2643/38. Resistance levels to...
The Pound Sterling prints red bars on traders’ screens after the Bank of England meeting. The bank leaves interest rates unchanged and keeps the same 7-2...
The Bank of England is expected to keep its policy rate unchanged. UK disinflationary pressure accelerated in May. GBP/USD faces an initial up-barrier at 1.2860. The...
GBP/USD pushed above 1.2700 in tepid Wednesday trading. US midweek holiday crimped market volumes, hobbling flows. BoE expected to hold rates, investors to look for shifts...
The Pound Sterling moves higher above 1.2700 as the UK inflation cools down further in line with expectations. UK service inflation remains sticky, which could restrict...
United Kingdom annual CPI rose 2.0% in May vs. 2.0% estimates. British inflation steadies at 0.3% MoM in May, meets forecast. GBP/USD holds above 1.2700 after...
GBP/USD remains confined in a narrow range on Wednesday ahead of the UK CPI. Tuesday’s softer US Retail Sales undermine the USD and lend support to...
GBP/USD Price Analysis: Remains bearish, falls below 1.2700 The Pound Sterling creeps lower against the US Dollar on Tuesday, amid a scarce economic docket in the UK...
The Pound Sterling remains vulnerable around 1.2670 as investors turn cautious ahead of the UK inflation for May and the BoE’s policy outcome. UK’s headline inflation...
GBP/USD Weekly Forecast: Pound Sterling braces for volatility as UK CPI, BoE meeting loom The Pound Sterling (GBP) rebounded firmly against the US Dollar (USD) this...
The Pound Sterling declines to 1.2660 against the USD as the Fed signals only one rate cut this year. Fed policymakers said they want to see inflation...
The Pound Sterling (GBP) falls through the key support at 1.2765 amid further moderation in Bank of England (BoE) and Ipsos inflation expectations, says Shaun Osborne, Chief...
GBP/USD drops to 1.2683, marking a new four-week low of 1.2656 amidst risk aversion. Technical outlook: Bearish momentum as RSI falls below 50; potential support at...