The Pound Sterling is expected to remain under pressure on lower-than-anticipated UK CPI data for February. Soft UK inflation reinforces market expectations for the BoE to...
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...