GBP/USD snaps two days of gains and tumbles below Thursday’s close of 1.2406, slumping towards 1.2370, amid a choppy trading session. Inflation data revealed in the...
GBP/USD is set to end Friday with losses of at least 0.20%. United States inflation continues to wane but remains elevated twice of Fed’s target. GBP/USD...
The UK Chancellor of the Exchequer Jeremy Hunt said on Friday that the “best tax cut right now is a cut in inflation.” Additional comments Understand...
Reuters reported that British finance minister Jeremy Hunt said it would be necessary to maintain a disciplined approach in his November budget to help reduce inflation,...
GBP/USD trims some of Wednesday’s gains after trading above 1.2400, United States economic data bolstered the US Dollar, a headwind for the Pound Sterling. Retail sales...
GBP/USD struggles at 1.2400 and stumbles towards 1.2360 on US data, dismal UK retail sales GBP/USD dipped as the release of US economic data bolstered the...
The daily chart portrays that the GBP/USD is still upward biased. Short term, the GBP/USD breaking a downslope trendline paved the way for further upside. GBP/USD...
GBP/USD bounces off weekly lows and reclaims 1.2300 on a soft US Dollar. The Producer Price Index in the UK cools down, sparking speculation that the...
GBP/USD reached its daily low after the release of US S&P Global PMIs. Business activity in the UK reignited recession fears and weakened the GBP. The...
GBP/USD clings to mild gains after reversing from 7.5-month high the previous day. UKICE reports no likely change to Brexit terms despite UK’s latest hardships. Concerns...
GBP/USD is showing a lackluster performance as investors await US/UK PMIs for fresh cues. The Fed might decelerate its interest rate hike pace again to 25...
The Pound Sterling (GBP) is retreating after hitting a seven-month high at 1.2447, though it lacked the strength to hold to the 1.2400 figure and is...
GBP/USD printed a new two-day low around 1.2323, though stabilized around 1.2370s, but stayed negative during the day. Money market futures expect the Bank of England...
GBP/USD takes the bids to refresh intraday highs, up for the fifth consecutive day. Expectations of UK stimulus bolster as British business push PM Sunak to...
GBP/USD Price Analysis: Bulls approach 1.2435 hurdle amid five-day uptrend GBP/USD stays on the front foot as bulls keep the driver’s seat during early Monday morning...
GBP/USD is almost flat due to the US Dollar erasing its earlier gains and on a risk-on impulse. Data in the US showed that the housing...
GBP/USD seesaws during the North American session, around the 1.2360-1.2390 region, around the London Fix, unable to gain a clear direction. Risk appetite increased, which usually...
GBP/USD renews intraday low while snapping three-day uptrend after key UK data. British Retail Sales slumped to -1.0% MoM in December versus 0.5% expected and -0.4%...
The Cable is displaying a balanced auction ahead of the UK Retail Sales data. Pound Sterling has resumed its upside journey after testing the breakout zone...
GBP/USD is higher on the day having traded up to 1.2377 in recent trade while the US dollar tails off and gives flight to risky assets...