GBP/USD clings to mild losses below 1.2700 ahead of US CPI data The GBP/USD pair trades with a mild negative bias near 1.2675 during the early...
Sterling’s recovery falters at the 1.6680-1.6700 resistance area. An increasing risk aversion ahead of the US CPI release is supporting the USD. The broader trend...
GBP/USD clings to 1.2650 amid improved risk appetite, awaits US CPI GBP/USD holds ground in the positive territory, hovering around 1.2650 during the Asian session on...
The Pound Sterling is slightly under pressure on firm BoE rate cut expectations. Diminished speculation for the Fed pivoting to rate cuts in June provides support...
The Pound Sterling holds its rebound from seven-month lows against the US Dollar. GBP/USD stays cautious ahead of Wednesday’s US CPI inflation data. The Pound Sterling...
The Pound has trimmed retraced post-NFP lows and is practically flat on the daily chart. Nonfarm Payrolls data shows that the US economy remains creating employment at...
GBP/USD picks up following a post-NFP slump, returns above 1.2600 The Sterling is regaining lost ground on Friday’s US session following a significant reversal, with a...
GBP/USD bounced off a key support level and rose up strongly this week. Resistance from two major Moving Averages, however, prevented the trend from going higher. ...
GBP/USD Price Analysis: Bounces off bottom of range but soon stalls GBP/USD has just bounced off the bottom of a medium-term consolidation range after forming a...
The Pound Sterling drops from 1.2680 as deepening Middle East tensions hurt risk-sensitive currencies. A sharp dip in UK inflation expectations improves BoE’s early rate cut hopes,...
The Pound takes advantage of US Dollar weakness to hit fresh two-week highs at 1.2675. A higher-than-expected increase in US Jobless Claims has increased bearish pressure...
The Pound Sterling capitalizes on risk-on mood and rises to 1.2660. UK’s upbeat Manufacturing PMI data and increasing home prices suggest that the recession in the...
GBP/USD remains on the defensive near 1.2650, focus on US Initial Jobless Claims GBP/USD hovers around 1.2650 during the Asian session on Thursday. However, the US...
The Pound Sterling faces pressure above 1.2580 on cautious sentiment. The UK Manufacturing PMI signaled expansion in March for the first time in two years. Investors...
GBP/USD trades on a weaker note near 1.2575 on Wednesday. Many Fed officials see three rate cuts as reasonable this year. Traders raise their bets the...
GBP/USD climbs to 1.2573, rebounding amidst rising US Treasury yields and mixed signals from Fed officials. US job openings slightly exceed expectations, while Factory Orders show...
The Pound Sterling rebounds, although easing UK inflation keeps its broader appeal weak. Upbeat S&P Global/CIPS UK Manufacturing PMI supported the Pound Sterling. UK’s shop price...
GBP/USD drops after strong US ISM Manufacturing PMI data The Pound Sterling slumps in the mid-North American session, as robust US economic data could dent the...
GBP/USD trades in positive territory around 1.2628 in Monday’s early European session. The pair keeps the bearish outlook below the key EMA; RSI indicator lies below...
GBP/USD outlook: Cable moves within extended range ahead of key US data Cable remains in extended sideways mode, with a narrow range on holiday-thinned markets on...