GBP/USD gains momentum around 1.2688 amid the weaker USD on Thursday. The US CPI inflation eased to 3.4% YoY in April from 3.5% in March, as...
GBP/USD Price Analysis: Peaks at five-week high, fails to challenge 1.2700 The Pound Sterling advanced some 0.30% and hit a five-week high of 1.2670 following the...
The Pound Sterling jumps to 1.2600 amid uncertainty over BoE rate cuts and a soft US Dollar. Steady UK wage growth deepens fears of persistent inflationary...
GBP/USD takes a breather near 1.2590 in Wednesday’s early Asian session. The US PPI came in line with expectations, rising by 2.2% YoY in April, compared to the 1.8% increase in March. ...
GBP/USD Forecast: Pound Sterling needs to confirm 1.2550 as support to attract bulls GBP/USD is having a difficult time gaining traction after rising nearly 0.3% on...
The Pound Sterling remains on the sidelines around 1.2560 after weak UK Employment data. UK employers laid off workers for the third time in a row...
GBP/USD clings to near 1.2550 ahead of Unemployment Rate GBP/USD hovers around 1.2560 during the Asian session on Tuesday following the improved risk appetite. The Pound...
GBP/USD edges higher on soft US Dollar, climbs above 200-DMA. If buyers reclaim 1.2600, look for a test of 1.2700 in the near term. Once the...
The Pound Sterling holds gains above 1.2500 inspired by strong UK Q1 GDP data. The UK economy expanded by 0.6%, moving out of the recession seen...
GBP/USD Weekly Forecast: Pound Sterling struggles as BoE interest-rate cuts come to sight Throughout the week, the British Pound (GBP) traded in a choppy fashion and...
GBP/USD inches higher possibly driven by improved risk appetite on Monday. BoE’s Chief Economist Huw Pill indicated a growing belief that rate cuts might be on...
GBP/USD erased its earlier gains as buyers failed to reclaim 200-DMA. Deterioration in the US economy spurred flows to USD amid its safe-haven appeal. Momentum remains...
GBP/USD Price Analysis: Struggles at 200-DMA, retreats toward 1.2500 The Pound Sterling weakened against the US Dollar on Friday, even though economic data from the UK was better than expected....
Pound Sterling gains on strong UK Q1 GDP report The Pound Sterling (GBP) extends its upside to 1.2540 in Friday’s early New York session as the United...
GBP/USD trades with a mild positive bias around 1.2525 amid the weaker USD on Friday. The BoE kept rates unchanged at 5.25% and opened the door...
The Pound Sterling skids below 1.2500 ahead of the Bank of England’s decision. Investors expect that the BoE could provide a concrete timeframe for rate cuts....
UK central bank is seen keeping its policy rate intact at 5.25%. Bank of England is seen reducing its rates by 75 bps this year. GBP/USD...
GBP/USD trades on a softer note near 1.2495 in Thursday’s early Asian session. Fed’s Collins emphasized the need to stay higher for longer, as it will take...
GBP/USD falls 0.20% as market anticipates Bank of England’s policy decision. Technically, the pair shows a downward trend, supported at 1.2467 but remains under seller pressure...
GBP/USD Forecast: Pound Sterling turns fragile ahead of BoE policy announcements GBP/USD came under heavy bearish pressure and lost nearly 0.5% on Tuesday. The pair continues...