GBP/USD Price Analysis: Tumbles below 1.2500 as bears cut bulls hopes short During the mid-North American session, the Pound Sterling retreats and registers losses against the US...
GBP/USD Forecast: Pound Sterling could face strong resistance at 1.2560 GBP/USD closed the third consecutive day in positive territory on Thursday and climbed to its highest...
The Pound Sterling comes under pressure as the US Dollar rebounds due to hot US core PCE Price Index data US annual inflation grew at a higher pace...
GBP/USD trades on a softer note below 1.2530 ahead of US PCE data The GBP/USD pair trades on a weaker note around 1.2502 during the early...
GBP/USD snaps the three-day winning streak near 1.2502 in Friday’s early Asian session. The US economy grew at a slower pace of 1.6% in Q1 2024, compared to 3.4% in...
The Pound Sterling struggles to hold recovery, driven by upbeat preliminary S&P Global/CIPS PMI report for April. Investors speculate that the BoE will shift to rate cuts in...
GBP/USD Price Analysis: Rises to near 1.2450 despite the bearish sentiment GBP/USD has been on the rise for the second consecutive day, trading around 1.2450 in...
UK Manufacturing PMI contracted to 48.7 in April, missing estimates of 50.3. Services PMI in the UK rose sharply to 54.9 in April. GBP/USD holds higher...
The Pound Sterling drops to near 1.2300 as the BoE is expected to start reducing interest rates from August. The S&P Global/CIPS UK preliminary PMI data...
The Pound Sterling faces selling pressure as the soft inflation outlook prompts BoE rate cut prospects. Weak UK Retail Sales also contribute to a softer inflation...
GBP/USD attracts some dip-buyers on Monday amid a softer USD, though lacks follow-through. Easing geopolitical tensions boosts investors’ confidence and undermines the safe-haven buck. Reduced Fed...
GBP/USD falls 0.48% to 1.2376, influenced by rising geopolitical risks and statements from major central banks. Bank of England’s Deputy Governor comments on inflation risks fail...
GBP/USD drops after mixed UK retail sales, risk aversion The Pound Sterling tumbles against the US Dollar during the mid-North American session after a volatile trading...
GBP/USD Forecast: Pound Sterling struggles to gather recovery momentum GBP/USD reversed its direction and turned positive on the day near 1.2450 after falling to a fresh...
The Pound Sterling finds cushion near 1.2400 after weak monthly UK Retail Sales data for March. Geopolitical fears and a strong outlook for the US Dollar keep...
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The UK Retail Sales arrived at 0% MoM in March, miss estimates. Core Retail Sales for the UK drops 0.3% MoM in March. GBP/USD stays weak near...
GBP/USD loses traction around 1.2430 amid the firmer US dollar on Friday. The Fed’s hawkish comments boost the Greenback against the GBP. BoE’s Greene said rate cuts were not...
GBP/USD stays firm amid BoE, Fed commentary and US data The Pound Sterling is virtually unchanged against the US Dollar in the mid-North American session, amid...
The Pound Sterling moves higher to 1.2480 as investors see the BoE delaying rate cuts. UK’s stable wage growth is limiting the slowdown in price pressures....