Share: GBP/USD marks a three-day uptrend, gaining 0.14%, trading at 1.2740 within a range of 1.2702/1.2787. UK data this week, including unemployment and inflation figures, bolster...
Share: GBP/USD holds positive ground above 1.2760, supported by the UK inflation data. The core Consumer Price Index (CPI) data fuels concerns about stubborn inflation in...
Share: Sterling is marginally lower on the day. Economists at Scotiabank analyze GBP/USD outlook. Thursday’s failure to push through 1.28 is a minor setback Sterling’s early...
Share: GBP/USD retreats from daily highs and losses for the second day in the week but remains set to finish the week on a higher note. Retail...
Share: GBP/USD outlook: Cable eases on downbeat UK data, but needs to clear key supports to signal reversal GBP/USD dips on Friday morning following much bigger...
Share: Central bankers, primarily Fed Chair Powell, will speak at the Jackson Hole Symposium. The words of central bankers will take center stage, as the market...
Share: GBP/USD remains sidelined after snapping four-week downtrend. UK Rightmove House Price Index, employment survey from Adjuna prods Cable buyers. Hawkish BoE concerns allowed Pound Sterling...
Share: GBP/USD rises 0.22% as market sentiment remains upbeat, with NVIDIA earnings and BoE rate hike prospects in focus. Interest rate differential between the US and...
Share: GBP/USD erases last Friday’s losses and climbs above the 1.2750 figure though it remains trading subdued amidst the lack of catalyst involving the Sterling (GBP)...
Share: GBP/USD edges higher after posting the first weekly gain in five. UK’s opposition Labour Party forecasts the lowest growth among G7 countries. Bullish triangle formation,...
Share: GBP/USD pair posts a modest gain near 1.2770, up 0.11% on the day. GBP/USD holds above the 50- and 100-hour EMA; the Relative Strength Index...
Share: Pound Sterling surrenders recovery as more interest rate hikes from the BoE are warranted for the achievement of price stability. The UK housing sector faces the...
Share: GBP/USD retreated after testing the 50-day Moving Average (DMA) but dropped mainly on high US Treasury bond yields and risk aversion spurred by the recent developments...
Share: GBP/USD found support at a low near the 100-day SMA and then settled at 1.2720. The 20-day and the 100-day SMA seem to converge towards...
Share: GBP/USD trades lower on the back of downbeat UK PMI data. UK Composite PMI fell below 50 for the first time since January. Weaker PMIs...
Share: US Durable Goods Orders for July show a significant decline of -5.2% MoM, exceeding estimates and marking the biggest drop since April 2020. The US...
Share: GBP/USD takes offers to refresh multi-day low amid broad US Dollar strength. Improvement in UK sentiment fails to defend Cable buyers amid British recession woes....
Share: GBP/USD risks a deeper pullback in the next few weeks, according to UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang. Key...
Share: Markets remain focused on upcoming announcements from the Fed Chair Jerome Powell and the ECB President Christine Lagarde. Economists at ING analyze GBP outlook ahead...
Share: Pound Sterling refreshes 11-week low as higher interest rates dampen economic prospects. UK construction firms go out of business due to stubborn cost inflation. The...