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...
GBP/USD extends the rally above 1.2550, eyes on BoE rate decision The GBP/USD pair trades in positive territory for the fifth consecutive day near 1.2560 during...
GBP/USD holds positive ground around 1.2560 on the softer USD on Tuesday. Slower US job growth has triggered speculation that the Fed will cut the interest rate...
The Pound Sterling trades close to 1.2570 against the US Dollar as investors shift focus to the BoE policy decision. The BoE could provide meaningful cues on...
GBP/USD rises to near 1.2550 due to dovish sentiment surrounding Fed GBP/USD continues its winning streak for the fourth consecutive day, trading around 1.2550 during the...
Another dreadful week for the Greenback saw the USD Index (DXY) tumble to three-week lows well south of the 105.00 support, mainly in response to the...
GBP/USD down 0.06% after reaching a three-week high of 1.2634. RSI flattening suggests normalization of buying pressure. Support levels at 1.2500, 1.2474, and 1.2466; breach may...
GBP/USD Price Analysis: Bears in charge as ‘shooting star’ looms The Pound Sterling holds to gains versus the US Dollar yet retraced from three-week highs reached at 1.2634 following a...
The Pound Sterling recovers further above 1.2600 amid an improved market mood and a decline in the US Dollar. Labor demand remains weak, and wage growth...
GBP/USD Price Analysis: Tumbles below crucial 1.2500 as bears move in The Pound Sterling tumbled in early trading during the North American session, dropping below the 1.2500 figure...
GBP/USD Forecast: Pound Sterling needs to clear 1.2550 to attract bulls GBP/USD gained traction in the late American session on Wednesday and closed the day in...
The Pound Sterling struggles above 1.2500 despite the Fed’s guidance on interest rates was slightly less hawkish than expected. Fed’s Chair Jerome Powell said he is still...