The Office for National Statistics will publish the UK CPI data for February on Wednesday. United Kingdom’s headline and core annual inflation are likely to fall;...
GBP/USD trades on a weaker note near 1.2719 on the stronger USD. The Fed is likely to keep its benchmark rate steady on Wednesday. UK CPI...
GBP/USD remains on the defensive near 1.2726 amid the stronger USD and risk-off mood. Fed is likely to maintain its monetary policy for a fifth straight...
GBP/USD puts efforts to retrace its recent losses despite market caution. The US Dollar retreats on the decline in US Treasury yields. A slew of UK...
The Pound Sterling is set to finish the week with losses, yet extended its downtrend for two straight days after piercing the 1.2800 figure. The GBP/USD...
Share: GBP/USD Price Analysis: Remains depressed below 1.2800, bullish potential seems intact The GBP/USD pair continues with its struggle to gain any meaningful traction and extends...
Share: Pound Sterling stubbornly stuck to Wednesday’s opening range. A smattering of UK data sparked some volatility, but little movement. US Retail Sales and PPE figures...
Share: The Pound Sterling rebounds as the UK monthly GDP meets expectations, while factory data slumps. BoE rate-cut expectations for August strengthen on weak Employment data for three...
Share: GBP/USD lacks any follow-through buying and oscillates in a range on Wednesday. Delayed BoE rate cut bets underpin the GBP and lend support amid a...
Share: The Pound Sterling (GBP) witnesses an intense sell-off in Tuesday’s early American session as the United States Bureau of Labor Statistics (BLS) has reported a hot Consumer Price...
Share: Cable’s gains are holding comfortably in the mid-1.2800s, the highest for the pound since last July. Economists at Scotiabank analyze GBP/USD outlook. Cable consolidates solid...
Share: GBP/USD consolidates amid a muted US Dollar on Monday. US Nonfarm Payrolls increased by 275K in February, against the expected 200K. Traders await employment data...
Share: The Pound Sterling (GBP) strengthens in Friday’s early American session as the risk appetite of market participants improves. The appeal for risk-sensitive assets firms after the United States Bureau of...
Share: Pound Sterling exhibits strength against the US Dollar ahead of US NFP data. BoE policymakers want inflation to come down sustainably to 2% before a...
Share: GBP/USD targets December high at 1.2828 and August high at 1.2841. Technical analysis suggests a confirmation of the bullish trend for the pair. The psychological...
Share: Sterling climbs, benefiting from a weaker dollar after disappointing US employment figures. Initial Jobless Claims rise to 217K, underscoring cooling US labor market despite Powell’s...
Share: The Pound Sterling remains upbeat amid hopes that the Fed will cut interest rates before the Bank of England. The UK budget for 2024 was...
Share: The GBP/USD climbed 0.31% during the North American session and traded at 1.2746 after bouncing off daily lows of 1.2690. UK’s spring budget announcement and...
Share: The Pound Sterling holds strength amid UK Spring Budget announcement. Measures outlined in the UK Budget could significantly impact the inflation outlook. Fed Powell didn’t provide timing...
Share: Today’s budget is the next scheduled event on the UK political calendar. A budget in line with expectations would offer little incentive for the Pound...