Share: GBP/USD Price Analysis: Hovers below 1.2400 backed by 38.2% Fibonacci retracement GBP/USD extends losses on the second consecutive day, trading lower around 1.2390 during the...
Share: GBP/USD struggles to gain any meaningful traction and oscillates in a range on Thursday. Bets that the Fed is done raising rates cap the USD...
Share: The GBP/USD is paring back after a touch of the 1.2500 handle, testing back into the 1.2400 region after a broad miss for UK data...
Share: Pound Sterling hovers near a two-month high around 1.2500 amid an upbeat market mood. UK inflation decelerated morde than expected in October. UK annual headline inflation...
Share: GBP/USD recorded a notable surge of 1.79% in the last trading session. US CPI eased at 3.2% from 3.7%; Core CPI rose 0.2% against the...
Share: The Office for National Statistics will release the critical UK CPI report on Wednesday. Headline and Core annual inflation are set to fall in October,...
Share: Pound Sterling rose close to 1.2300 despite signs of a loosening UK labor market. UK employers shed jobs for straight three months, but earnings rose by...
Share: UOB Group’s Markets Strategist Quek Ser Leang and Economist Lee Sue Ann note further consolidation lies ahead for GBP/USD in the next few weeks. Key...
Share: GBP/USD snaps a two-day winning streak ahead of UK data. BoE policymakers expressed fear over the deepening recession, endorsing rate cuts. US CPI is expected...
Share: The GBP/USD is seeing some minor lift ahead of Tuesday’s bumper data reading. An easy Monday to give way to a bumper economic calendar data...
Share: Pound Sterling finds interim support as UK economic growth was flat in Q3 against expectations of a decline. Investors await the UK employment and inflation...
Share: Sterling eased a little on Friday. Economists at Commerzbank analyze GBP outlook. Things are likely to remain volatile for Sterling Based on preliminary data the...
Share: GBP/USD strengthens ahead of inflation data from both economies. UK GDP data showed better figures than expected, suggesting to avoid a recession in 2023. Fed...
Share: GBP/USD continues its downward trend, dropping 0.16% despite the UK GDP narrowly avoiding a contraction in Q3. The Bank of England’s cautious stance mirrors the...
Share: GBP/USD failed to gain traction on Friday, extended its losses to five consecutive days, is down 0.16% or 20 pips from its opening price after hitting...
Share: Sterling is finding some support on dips to the 1.22 area against the USD for now but appears set for a weak close on the...
Share: Pound Sterling faces pressure due to multiple headwinds. The UK economy remained stagnant in Q3 while economists forecasted a 0.1% contraction. Business investment by UK...
Share: After an extended period of US Dollar strength in 2022, it has been a back-and-forth year for Greenback in 2023. Economists at Wells Fargo analyze...
Share: GBP/USD consolidates its recent losses to the weekly low amid a bullish US Dollar. Reviving bets for one more Fed rate hike and a softer...
Share: The United Kingdom’s Gross Domestic Product is foreseen posting a modest contraction in Q3. The Bank of England downgraded its forecast for economic growth in...