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...
Share: GBP/USD surges past 1.2500, recovers further from multi-month low amid notable USD supply The GBP/USD pair attracts some dip-buying after filling the weekly bearish gap...
Share: The Pound Sterling (GBP) extended its free fall for four straight days versus the US Dollar (USD) due to high US bond yields underpinning the...
Share: GBP/USD Forecast: 1.2500 proves to be a tough resistance to crack After losing more than 100 pips in a three-day slide, GBP/USD corrected higher in...
Share: GBP/USD drops to 1.2458 and puts the 200-day Moving Average at 1.2424 in focus. Short-term outlook shows the pair eyeing the week’s low at 1.2455,...
Share: Pound Sterling finds an intermediate support, but the downside seems favored amid global uncertainty. BoE Dhingra warned that further tightening could hurt the UK economy....
Share: The Pound Sterling faces significant pressure as the BoE appears to be reluctant to raise interest rates further. BoE Swati Dhingra said that the current...
Share: GBP/USD consolidates recent losses to a multi-month low, seems vulnerable near 1.2500 The GBP/USD pair enters a bearish consolidation phase during the Asian session on...
Share: GBP/USD licks its wounds at three-month low, consolidating recent losses from 78.6% Fibonacci ratio. Oversold RSI adds strength to corrective bounce toward previous support line...
Share: The Pound Sterling (GBP) erased Monday’s gains against the Greenback (USD) after business activity entered recessionary territory in the UK. That alongside global services PMIs...
Share: Pound Sterling attempts recovery from below 1.2600 but still remains fragile as factory activities weaken further. UK factory activities dropped to 43.0, the lowest reading...
Share: “We are on track to halve inflation this year and by sticking to our plan we will ease the pressure on families and businesses alike,”...
Share: The Pound Sterling (GBP) slumped late in the New York session versus the Greenback (USD) as US Treasury bond yields rose and bolstered the USD, which is...