Share: Pound Sterling has stretched its upside recovery as the appeal of risky assets improves. UK recession fears have faded on prospects of early BoE rate...
Share: GBP/USD holds ground above the 1.2600 mark on softer US Dollar The GBP/USD pair trades on a stronger note amid the US Dollar’s (USD) weakness...
Share: GBP/USD trades higher but remains on track to test the December lows. Economists at Société Générale analyze the pair’s outlook. Next potential support is at...
Share: Pound Sterling finds interim support on upbeat S&P Global Services PMI data. The UK economy is on the brink of a technical recession. BoE’s Pill...
Share: GBP/USD trades in negative territory near 1.2535 on a stronger USD. US ISM Services PMI came in at 53.4 in January vs. 50.5 prior. BoE’s...
Share: GBP/USD trades weaker below the 1.2600 range base. Economists at Scotiabank analyze the pair’s outlook. Negative technical cloud over the Pound A bearish close for...
Share: Pound Sterling remains under pressure as the Fed’s hopes for an early rate-cut wane. The UK’s poor economic prospects could force the BoE to lean...
Share: GBP/USD extends losses to near 1.2610 as Fed rate cut in March appears unlikely GBP/USD continues its decline for the second consecutive session, edging lower...
Share: The Pound Sterling (GBP) falls sharply from fresh weekly highs in the early New York session on Friday as the United States Bureau of Labor Statistics (BLS) has reported...
Share: The Pound Sterling (GBP) is trading on a relatively firm footing. Economists at Scotiabank analyze Cable’s outlook. Price signals are bullish on the daily chart...
Share: Pound Sterling witnesses a significant demand as the BoE is expected to keep the restrictive policy longer. A hawkish interest-rate outlook has deepened UK recession fears....
Share: GBP/USD regains above the mid-1.2700s ahead of US NFP data The GBP/USD pair regains above the 1.2700 mark during the early Asian session on Friday....
Share: GBP/USD attracts some buyers near 1.2745 in Friday’s early Asian session. The US S&P Global Manufacturing PMI for January registered the strongest improvement since September...
Share: GBP/USD rises past 1.2700 after BoE holds rates, signaling unexpected dovish tilt. BoE’s divided vote and hints at future rate cuts by Governor Bailey boost...
Share: Despite the impulse of the Federal Reserve (Fed) and the Bank of England (BoE) meetings, GBP/USD is currently trading very little changed from its levels...
Share: As universally expected, the Bank of England (BoE) left Bank Rate on hold at 5.25% today. Not much for the Pound Sterling (GBP) to latch...
Share: The UK central bank is likely to extend the pause on “Super Thursday,” in its first meeting of 2024. The Bank of England could hold...
Share: Pound Sterling drops sharply as the downbeat market mood dampens the appeal of risk-sensitive assets. Investors await the BoE policy, which is seen as steady...
Share: Pound Sterling (GBP) is the best performer in G10 in January. Economists at Société Générale analyze GBP outlook ahead of the Bank of England (BoE)...
Share: GBP/USD sees a downturn, trading between 1.2660 and 1.2690, after Fed maintains rates and Chair Powell downplays immediate rate cut prospects. Powell’s remarks indicate rate...