Share: Pound Sterling faces a sharp sell-off as the UK Q4 GDP contracted by 0.3%. The BoE may consider aggressive rate cuts due to easing inflation,...
Share: GBP/USD remains on the defensive above 1.2550 ahead of UK GDP, US Retail Sales data The GBP/USD pair remains on the defensive above the mid-1.2500s...
Share: Adding further to comments made earlier while testifying before the UK Economic Affairs Committee, Bank of England (BoE) Governor Andrew Bailey noted a firm confidence...
Share: Pound Sterling drops sharply as UK headline inflation deflates significantly in January. Soft UK CPI data has propelled BoE’s rate-cut bets. Stubborn US inflation data...
Share: The Office for National Statistics will release the top-tier UK CPI data for January on Wednesday. Headline and core annual inflation from the United Kingdom...
Share: GBP/USD edges higher on Wednesday, though the uptick lacks strong bullish conviction. Traders opt to wait on the sidelines ahead of the UK CPI report...
Share: US inflation at 3.1% YoY, Core CPI at 3.9%, suggests enduring inflation, impacting rate cut outlook. Rising US Treasury yields and a stronger Dollar Index...
Share: The Pound Sterling (GBP) started the year on a firm note, outperforming most of its major currency peers. Economists at Scotiabank analyze GBP outlook. GBP’s...
Share: Pound Sterling jumps strongly on upbeat UK labor market data, higher wage growth. The growth in average earnings was higher than expected, allowing BoE to...
Share: Around the turn of the year, the US Dollar (USD) tested lower but has since reversed. Economists at Westpac analyze the Euro (EUR), Pound Sterling...
Share: The UK Unemployment Rate declined to 3.8% in the quarter to December. The Claimant Count Change for Britain arrived at 14.1K in December. GBP/USD rises...
Share: GBP/USD trades sideways near 1.2626 as traders await the key data. The markets now anticipate that the Fed will begin easing rates in May or...
Share: The GBP/USD edges higher in the North American session as market participants await a busy economic calendar across both sides of the Atlantic. At the time of writing, the...
Share: The Pound Sterling (GBP) edges up moderately against the US Dollar (USD) in the mid-North American session but trades sideways unable to reclaim a key resistance level...
Share: GBP/USD continues to pivot around 1.2600. Economists at Scotiabank analyze the pair’s outlook. Medium-term support at 1.2500/1.2520 looks solid Short-term price action looks a little...
Share: GBP/USD Forecast: Pound Sterling stays below key resistance levels GBP/USD declined below 1.2600 on Thursday but managed to stabilize above that level early Friday. In...
Share: Pound Sterling oscillates in a tight range as investors seek fresh triggers. The UK Employment and inflation data will provide fresh guidance on interest rates....
Share: GBP/USD holds steady above 1.2600, bulls seem non-committed despite softer USD The GBP/USD pair struggles to capitalize on the previous day’s goodish bounce of around...
Share: On Thursday, the GBP/USD pair declined towards the 1.2615 level showing slight losses with upbeat US labor market figures benefiting the Greenback with Jobless claims from the week...
Share: The Pound Sterling (GBP) was the best performing G10 currency in January. Economists at Rabobank analyze GBP outlook. Potential for GBP to break moderately higher...