Share: GBP/USD bounces off 200-HMA to pare Wednesday’s losses, lacks clear directions of late. UK/US PMIs, US ADP Employment Change decorate the calendar. Steady RSI, sluggish...
Share: Pound Sterling has rebounded sharply as UK’s inflation is expected to accelerate further. Investors are awaiting United Kingdom’s Services PMI, which is expected to remain...
Share: The Pound Sterling is displaying back-and-forth turns as households are facing the burden of high inflation. Inflation in the United Kingdom is sticky due to...
Share: GBP/USD remains in the 1.2690s range, showing a neutral to an upward bias in technical analysis. Daily EMAs indicate a potential bullish continuation, with resistance...
Share: GBP/USD stayed firm at the beginning of the year’s second half, at around the 1.2690s area; post-data release in the United States (US) showed manufacturing...
Share: GBP/USD Forecast: Pound Sterling struggles to gather recovery momentum GBP/USD fluctuated in a very tight channel near 1.2700 during the Asian trading hours on Monday...
Share: GBP/USD remains sidelined after rising the most in a fortnight, as well as rising in three consecutive quarters. UK Health Secretary eyes fresh talks with...
Share: GBP/USD bears are licking their lips for the open next week. Supply structure is testing bearish commitments. As per the prior analyze, GBP/USD Price Analysis:...
Share: GBP/USD surges more than 0.50% following strong UK economic data and easing US inflation. US Core PCE inflation cools, while UK Q1 GDP dodges recession,...
Share: GBP/USD recovered lost ground on the last day of the week, month, and quarter, rising more than 0.80% after hitting a daily low of 1.2599....
Share: GBP/USD trades with a mild positive bias above 1.2600, upside potential seems limited The GBP/USD pair edges higher during the Asian session on Friday and...
Share: BP/USD dips following robust US data, bolstering the case for additional Federal Reserve tightening and higher Treasury bond yields. The upward revision of US GDP...
Share: GBP/USD drops sharply in the North American session following the release of outstanding data in the United States (US), painting an optimistic economic outlook and...
Share: GBP/USD remains pressured at the lowest level in a fortnight, poking five-week-old rising support. BoE’s Bailey defends hawkish bias, tames UK recession woes but Pound...
Share: Risk-averse US equities trading and Powell’s hawkish stance, suggesting further tightening, have bolstered the USD. BoE Governor Bailey noted persistent UK inflation and pledged commitment...
Share: Pound Sterling is under pressure as BoE Bailey is expected to deliver hawkish remarks. The United Kingdom government is adding measures beyond monetary tools in...
Share: GBP/USD holds onto the previous day’s recovery moves after snapping three-day downtrend. Market’s cautious optimism, hawkish comments from BoE’s Dhingra underpin Cable pair’s rebound. Upbeat...
Share: GBP has been the market’s darling this week so far as the initial balance extends higher and higher. However, as the following charts illustrate, there...
Share: GBP/USD Forecast: Pound Sterling struggles to clear key 1.2750 hurdle GBP/USD tested 1.2750 for the second straight day on Tuesday but failed to clear this...
Share: GBP/USD sticks to modest intraday gains above 1.2700 mark, lacks follow-through The GBP/USD pair continues to show some resilience below the 1.2700 round-figure mark and...