Share: GBP/USD drifts lower for the third successive day and drops to a multi-week low on Thursday. A combination of factors continues to push the USD...
Share: GBP/USD reached a three-day low of 1.2113, as sellers target 1.2100 for the next support. US economic data paints a solid economy, with New Home...
Share: GBP/USD Forecast: Pound Sterling could test 1.2100 next Following Tuesday’s sharp drop, GBP/USD edged higher toward 1.2200 early Wednesday. The cautious market mood, however, didn’t...
Share: The GBP/USD is shedding pips on Tuesday, declining from a one-week high just shy of the 1.2300 handle after UK Purchasing Managers’ Index (PMI) figures...
Share: UK Manufacturing PMI rose to 45.2 in October, above expectations of 45.0. Services PMI in the UK fell to 49.2 in October, a downside surprise....
Share: The UK Unemployment Rate unexpectedly drops to 4.2% in the quarter to August. The Claimant Count Change for Britain arrived at 20.4K in September. GBP/USD...
Share: GBP/USD extends its gains for the fourth consecutive day ahead of UK economic figures. Improved risk sentiment contributes support to underpinning the Pound Sterling. UK...
Share: GBP/USD struggles to extend gains as US Dollar rebounds. UK Retail Sales dipped to 0.9% against the expected 0.1% decline. Upbeat US Treasury yields provide support...
Share: The GBP/USD is pushing into the high side for Friday, tapped into 1.2170. Broader market sentiment is improving, sending the US Dollar back heading into...
Share: The GBP/USD is looking to squeeze out some gains before the Friday closing bell, stretching into 1.2170 in the Friday midday. Despite a miss for...
Share: The BoE is likely done raising rates – and the combination of weak activity and a softening labour market will weigh on the GBP in...
Share: Pound Sterling dropped after data showed that UK Retail Sales declined by almost 1% in September. The decrease in Retail Sales suggests a weakening household’ spending, which...
Share: Bank of England (BoE) Governor Andrew Bailey said that he “expects a ‘marked fall’ in inflation next month,” in his interview with Belfast Telegraph on Friday....
Share: The UK Retail Sales declined 0.9% MoM in September, a big miss. Core Retail Sales for the UK dropped 1.0% MoM in September. GBP/USD holds...
Share: GBP/USD is seen consolidating in a range near the lower end of a one-week-old trading range. The uncertainty over the BoE’s next policy move continues...
Share: Pound Sterling attempts a recovery move as the UK’s inflation report turned out stickier than anticipated. UK’s headline and core inflation landed higher than expectations...
Share: The UK CPI report will be published by the Office for National Statistics on Wednesday. Headline and Core annual inflation are set to fall in...
Share: UK wage growth data comes in below expectations, casting doubts on further BoE rate hikes. US Retail Sales for September surpass expectations, with August data...
Share: The Pound Sterling (GBP) remains on the defensive vs. the US Dollar (USD) after data from the United Kingdom showed wages are decelerating. That and...
Share: The United Kingdom will release the Consumer Price Index (CPI) data on Wednesday, October 18 at 06:00 GMT and as we get closer to the...