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...
Share: GBP/USD Price Analysis: Oscillates in a range below the 1.2500 mark, eyes on UK GDP, US CPI The GBP/USD pair consolidates in a familiar range...
Share: GBP/USD attracts some buyers on Wednesday, albeit lacks follow-through. Subdued USD demand acts as a tailwind ahead of the crucial US CPI report. Bets that...
Share: GBP/USD declined towards 1.2490 and saw losses in five out of the last six days. UK labour market data came in soft. British yields are diving as...
Share: In Tuesday’s session, the GBP/USD fell below the 1.2500 area near 1.2490, seeing nearly 0.14% losses. The main downward driver of the Cable is investors...
Share: Pound Sterling trades sideways despite weak labor market data. The UK shed jobs in the three months to July while wage growth remains high. The...
Share: Office for National Statistics will release the UK labor market report at 06:00 GMT on September 12. The Unemployment Rate in the United Kingdom is...
Share: BoE MPC member Catherine Mann suggests it’s too soon to end the tightening cycle. Upcoming UK employment report and US inflation data could be key...
Share: Pound Sterling climbs above a two-day high as the appeal for risk-sensitive currencies improves. Investors shift focus to UK employment data for July, which will...