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...
Share: The British Pound (GBP) extended its losses against the US Dollar (USD), and for the fourth straight day, fell 0.25% after the pair hit a...
Share: “We do not need to raise rates to bear down on inflation,” Bank of England (BoE) Chief Economist Huw Pill said in a presentation to...
Share: Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at UOB Group expect GBP/USD to move within a consolidative range in the next...
Share: The GBP/USD pair lacks any firm intraday direction on Wednesday and oscillates in a narrow band below the 1.2300 mark during the Asian session. Spot prices,...
Share: GBP/USD struggles to gain any meaningful traction and remains confined in a range. A bleak UK economic outlook and bets for a BoE rate cut...
Share: GBP/USD is on the cusp of return above the 200-Day Moving Average (DMA) of 1.2435. Economists at Société Générale analyze the pair’s outlook. Consolidation and...
Share: GBP/USD Forecast: Pound Sterling could face next resistance at 1.2440 Following a quiet Asian session, GBP/USD gathered bullish momentum and touched its highest level in...
Share: The BoE’s policy update triggered a modest initial sell-off for the Pound. Economists at MUFG Bank analyze GBP outlook. GBP to weaken further The updated...
Share: The GBP/USD is climbing into the 1.2400 handle to cap off a trading week that saw the pair mostly flounder around the averages. After US...