Share: On a trade-weighted basis, Sterling has had a good year. Economists at ING analyze GBP outlook ahead of Bank of England’s meeting on Thursday. An...
Share: Pound Sterling faces a sell-off as inflation remains soft while investors anticipated sticky prices. The UK’s poor demand outlook dampens wage growth. Ample volatility should...
Share: The Office for National Statistics will release the UK inflation report on Wednesday. Core annual inflation is seen a tad lower at 6.8%, headline figure...
Share: GBP/USD oscillates just below 1.24. Economists at OCBC Bank analyze the pair’s outlook. 25 bps hike likely Risks skewed to the downside but at the...
Share: Sterling came under further depreciation pressure over the past few days. Economists at Commerzbank analyze GBP outlook. When will we finally see a fall in...
Share: Pound Sterling shows signs of further breakdown ahead of August UK inflation data. UK headline inflation is seen accelerating due to rising energy prices. Uncertainty...
Share: GBP/USD is facing downward pressure ahead of the interest rate decisions from both countries. Fed is expected to maintain its current interest rates on Wednesday,...
Share: GBP/USD gains some positive traction on Monday and moves away from over a three-month low. A positive risk tone is seen undermining the safe-haven USD...
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![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: The Pound Sterling (GBP) continues to weaken against the US Dollar (USD) for the second consecutive day after a tranche of positive US economic data...
Share: The Pound has retreated from their mid-year highs against the USD. Economists at Scotiabank analyze GBP’s outlook. Sentiment and technical signals tilt bearish Technical signals...
Share: As US economic data strengthens the dollar, GBP/USD trades at 1.2397, slipping below its 200-day Moving Average. Odds for a November rate hike by the...
Share: Pound Sterling recovery falters as the risk-off profile eases, while broader bias is still weak. The UK economy shrank in July due to a sheer decline...
Share: Kit Juckes, Chief Global FX Strategist at Société Générale, notes that the growth outlook is dominating the FX market. Growth matters more than central banks...
Share: GBP/USD sticks to modest recovery gains around 1.2420-25 area, not out of the woods yet The GBP/USD pair shows some resilience below the 1.2400 mark...
Share: GBP/USD gains some positive traction and moves away from a multi-month low set on Thursday. A combination of factors prompts some USD profit-taking, which, in...
Share: The Pound Sterling (GBP) is notably bearish for Thursday, briefly breaking beneath the 1.2400 major handle against the Greenback (USD) as bears keep the GBP pinned to...
Share: GBP/USD Outlook: Lack of buying favours bearish traders close to key 200-day SMA The GBP/USD pair struggles to capitalize on the overnight bounce from the...
Share: Pound Sterling attracted significant offers as UK factory activities contracted sharply. Lay-offs in the UK labor market, higher wage growth, and weak factory activities elevate...
Share: GBP/USD outlook: Sterling was hit further by weak UK GDP data, but key support still holds GBPUSD was down over 40 pips this morning in...
Share: The British labour market data was a mixed bag. Economists at Commerzbank analyze GBP outlook ahead of next week’s Bank of England meeting. Not so...