GBP/USD Price Analysis: Bearish harami confirmed as Pound slumps below 1.2700 The Pound Sterling dropped sharply below the 1.2700 figure as risk aversion took its toll on most...
GBP/USD Price Analysis: Needs to find acceptance above 1.2800 for bulls to seize control The GBP/USD pair trades with a negative bias for the second straight...
GBP/USD loses traction around 1.2760 in Friday’s early Asian session amid the stronger US Dollar. The Fed’s revised projections have boosted the US dollar broadly despite...
The Pound Sterling edges lower against the USD as the Fed scales back to fewer rate-cut projections. UK’s economic recovery halts as factory and construction activities...
GBP/USD edges lower to 1.2795 after retreating from three-month highs on Thursday. The Fed kept its benchmark overnight borrowing rate targeted in a range of 5.25%-5.50%...
The Fed held rates steady at 5.25%-5.50% as expected. The dot plot indicated that most of the FOMC members are seeing fewer rate cuts this year....
GBP/USD soared more than 0.70% on Wednesday, post-CPI, ahead of FOMC’s decision. Key technical resistance lies at YTD highs of 1.2893, 1.2900, and the 1.3000 figure....
GBP/USD Price Analysis: Consolidates around 1.2700 ahead of FOMC’s decision The GBP/USD dropped during the North American session after employment data from the UK was weaker...
The Pound Sterling rebounds to 1.2750 as steady UK wage growth undermines BoE rate-cut bets for the August meeting. UK Average Earnings Excluding bonuses rose steadily by 6%. Investors...
Pound Sterling rebounds as steady UK wage growth diminishes BoE rate-cut bets The Pound Sterling (GBP) revives intraday losses and recovers to 1.2740 in Tuesday’s London...
GBP/USD trades with a mild bearish bias around 1.2730 amid the softer US dollar on Tuesday. Investors will closely monitor the UK employment for fresh impetus,...
GBP/USD Price Analysis: Consolidates around 1.2700 after hitting 7-day low The British Pound extended its losses for the second consecutive trading session against the US Dollar, following...
The Pound Sterling drops to 1.2700 as delayed Fed interest rate-cut prospects dampen market sentiment. The strong US NFP report for May hit market speculation for...
GBP/USD struggles to gain ground around 1.2715 in Monday’s early European session. The pair keeps the negative vibe below the 100-period EMA, with bearish RSI indicator...
GBP/USD trades with mild gains near 1.2725 despite the firmer US Dollar on Monday. The US economy created more jobs than expected in May, which dampened...
Pound Sterling skates on thin ice near 1.2800 with focus on US NFP The Pound Sterling (GBP) consolidates in a tight range near 1.2800 against the...
GBP/USD Price Analysis: Struggles at 1.2800 and tumbles toward 1.2720s post-NFP The British Pound plunged against the US Dollar after the US Bureau of Labor Statistics (BLS) revealed...
GBP/USD pukes following stellar US NFP data report. The pair trades at around weekly lows, sellers eye 1.2694. Near-term momentum favors sellers, as RSI accelerates toward...
The Pound Sterling trades sideways near 1.2800 against the US Dollar ahead of the US NFP data for May. US NFP will significantly influence expectations for...
GBP/USD Price Analysis: Consolidates below strong resistance at around 1.2800 The Pound Sterling stays firm during Thursday’s North American session, yet it remains below 1.2800 after...