Share: GBP/USD is holding a neutral point within the recent 1.2600/1.2800 trading range. Economists at Scotiabank analyze the pair’s outlook. Short-term technicals lean bearish Traders have...
Share: The Pound Sterling (GBP) slumped against the US Dollar (USD) after the Office for National Statistics (ONS) revealed that retail sales plunged sharply, which could deter the...
Share: GBP/USD dips as Retail Sales slide The markets were expecting a letdown from December retail sales after a strong November reading, but nobody was expecting...
Share: Sideways range for the GBP/USD pair in place over the past month or so remains intact, economists at Scotiabank report. Neither technical chart provides any...
![GBP/USD stays under sellers' control despite pause [Video]](https://dripp.zone/news/wp-content/uploads/2023/05/GBPUSD-stays-under-sellers-control-despite-pause-Video-Crypto.jpg)
![GBP/USD stays under sellers' control despite pause [Video]](https://dripp.zone/news/wp-content/uploads/2023/05/GBPUSD-stays-under-sellers-control-despite-pause-Video-Crypto-400x240.jpg)
![GBP/USD stays under sellers' control despite pause [Video]](https://dripp.zone/news/wp-content/uploads/2023/05/GBPUSD-stays-under-sellers-control-despite-pause-Video-Crypto-80x80.jpg)
Share: Pound Sterling drops sharply as the UK Retail Sales contracted significantly in December. A deepening cost-of-living crisis forced households to cut spending despite the festive...
Share: GBP/USD gains traction around 1.2708 amid the weaker USD, risk-on sentiment. UK CPI inflation rose for the first time in 10 months, rising to 4.0%...
Share: Cable’s rebound from 1.2600 on Wednesday extends range trade. Economists at Scotiabank analyze the GBP/USD outlook. Selling pressure merging above 1.2700 Wednesday’s squeeze higher in...
Share: Pound Sterling has climbed to near 1.2700 as hopes of an early rate cut by the BoE have waned. UK Inflation remains stubbornly high due...
Share: The Pound Sterling (GBP) has been able to hold onto its late year gains pretty well. Economists at ING analyze the pair’s outlook. Loose fiscal,...
Share: The Pound Sterling finds strong buying interest as the UK inflation came in higher than expected. Higher fuel services prices boosted UK inflation. The market mood remains downbeat...
Share: The high-impact UK CPI data will be released by the Office for National Statistics on Wednesday. Headline and core annual inflation from the United Kingdom...
Share: The GBP/USD fell back once more on Monday, testing 1.2715 after a short-lived rally at the Modnay open reversed course. The Pound Sterling (GBP) couldn’t get over...
Share: The Pound Sterling (GBP) has outperformed at the start of 2024. GBP outperformance at the start of 2024 will be tested in the week ahead,...
Share: GBP underperforms after mixed GDP data for November. Economists at Scotiabank analyze Cable’s outlook. Intraday support is 1.2690/1.2700 UK November GDP rose a stronger than...
Share: Pound Sterling experiences a sell-off after mixed UK factory data. The UK economy is expected to report a technical recession despite 0.3% growth in November...
Share: The US Dollar has bounced this month, though Sterling is 2024’s top G10 currency. Economists at Société Générale analyze FX market outlook. GBP is vulnerable...
Share: The Pound Sterling (GBP) struggles to sustain against the US Dollar amid deepening tensions in Middle East region, which have dampened market sentiment. US military and its allies...
Share: The Pound Sterling remains on the back foot in the mid-North American session on Thursday, as inflation in the United States (US) picked up more than...
Share: Pound Sterling has stabilized above 1.2700 on upbeat market sentiment. The release of UK factory data, if upbeat, would ease fears of a technical recession....
Share: Pound Sterling drops further ahead of BoE Bailey’s speech. The UK economy is on the brink of shifting into a technical recession. Market mood remains...