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...
Share: GBP/USD falls to around 1.2700 as BoE’s unexpected 50 bps rate hike and slowing global business activity sparks UK recession fears. US S&P Global Manufacturing...
Share: GBP/USD extended its losses in the late New York session, dropping around 0.30% meanders at around 1.2700, amid growing recession woes in the UK as...
Share: GBP/USD Forecast: Pound Sterling turns bearish despite big BoE hike After having spiked above 1.2800 with the knee-jerk reaction to the Bank of England’s (BoE)...
Share: GBP/USD is gauging support near 1.2700, however, the downside seems favored due to the risk-aversion theme. On Thursday, the BoE surprisingly announced a fat rate...
Share: GBP/USD extended its losses after hitting a daily high of 1.2841 after the Bank of England (BoE) surprised the markets by hiking rates 50 bps...
Share: Pound Sterling has stretched its recovery ahead of the Bank of England’s interest rate decision. Core inflation in the United Kingdom is moving in the...
Share: Interest rate decision from the UK central bank is due this Thursday. The Bank of England is set to deliver another 25 bps rate hike,...
Share: The Bank of England (BoE) will announce its Interest Rate Decision on Thursday, June 22 at 11:00 GMT and as we get closer to the...
Share: GBP/USD picks up bids to pare weekly losses, the first in four, after upbeat British inflation data. UK CPI reprints 8.7% YoY for May versus...
Share: The UK CPI’s Overview The cost of living in the UK as represented by the Consumer Price Index (CPI) for May month is due early...
Share: Strong US Dollar, driven by expectations of further tightening by the US Federal Reserve and an overbought US equity market, has influenced the movement. Fed...
Share: GBP/USD retraces after hitting a new year-to-date (YTD) high of 1.2848 in the last week, down 0.34% back at the 1.2700 handle, amid a strong...
Share: Early Tuesday morning in Asia, The Times came out with the news suggesting that the UK government’s two-year borrowing costs have risen above 5% for...
Share: Pound Sterling stays under modest bearish pressure even though investors remain sidelined ahead of inflation data. United Kingdom’s inflation is expected to soften slowly as...
Share: GBP/USD gains positive traction for the fourth straight day and trades around a 14-month top. Bets on additional rate hikes by the BoE continue to...
Share: GBP/USD trades with solid gains on Friday, set to finish its weekly rise in six months after UK economic data supported additional Bank of England...
Share: GBP/USD has printed a fresh annual high at 1.2830 as BoE policymakers are gearing up for a fresh rate hike. Investors should understand that the...
Share: GBP/USD trades with significant gains as UK economic data supports expectations of further BoE tightening. US data moderation softens the USD tone, providing an additional...