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...
Share: GBP/USD Forecast: Pound Sterling could stretch higher if risk flows return after NFP GBP/USD lost nearly 50 pips on Thursday snapped a three-day winning streak. Early...
Share: Pound Sterling delivers a breakout of the consolidation after UK’s ONS reported weak labor market data. United Kingdom labor market witnessed lay-offs in June and...
Share: GBP/USD fades corrective bounce off six-week low within short-term triangle. Sustained trading below 200-SMA, steady RSI keeps Cable hears hopeful. Multiple technical levels beyond 1.2600...
Share: The Office for National Statistics is due to publish the UK inflation data on Wednesday. Core annual inflation and headline inflation are both forecast to edge...
Share: Pound Sterling starts moving as core inflation supports further policy tightening. UK’s core inflation remains stronger due to robust wage growth. More interest rate hikes...
Share: The ONS has just released the July CPI data. Economists at MUFG Bank do not expect the British Pound (GBP) to enjoy substantial gains following...
Share: After the release of July’s Federal Open Market Committee (FOMC) minutes, the GBP/USD saw little change. Despite members sounding hawkish, if failed to trigger a...
Share: During the Asian session, a key report to watch will be the Australian employment report. Additionally, wholesale inflation data will be released in New Zealand...