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...
Share: GBP/USD grapples to halt the losses despite improved risk aversion. US Dollar could extend its gains on improved US bond yields. British Pound could advance on...
Share: In Tuesday’s trading, the GBP/USD pair suffered a setback, trading at 1.2705 amidst a stabilizing US Dollar and an increasingly risk-averse market mood. No relevant reports were...
Share: The GBP/USD currently trades near the 1.2700 level, seeing losses hovering around 0.26%. The US dollar showed a recovery from its previous slump experienced on...
Share: GBP/USD holds range amid still bullish trend momentum but downside risks linger, economists at Scotiabank report. The pattern of trade on the intraday chart continues...
Share: GBP/USD gains some confidence for new higher high [Video] GBPUSD stepped on the 20-day simple moving average (SMA) and climbed back above the broken short-term...
Share: GBP/USD hovers around a major level at 1.2750. 21-day EMA at 1.2684 appears as an immediate support followed by the major level at 1.2650. The...
Share: GBP/USD Price Analysis: Dives to near 1.2700 psychological support followed by 14-day EMA GBP/USD halts its three-day winning streak, trading around 1.2700 psychological level during...
Share: The GBP/USD climbed into a new high for the year at 1.2771 after markets broadly went risk-on after the US Nonfarm Payroll (NFP) data release surged above...
Share: The Pound Sterling falls back as investors shift their focus to the US Nonfarm Payrolls data. While the UK manufacturing sector continues to face pressure,...