GBP/USD comes under renewed selling pressure on Thursday amid a pickup in the USD demand. Recession fears weigh on investors’ sentiment and drive some haven flows...
The Cable is displaying a sideways auction ahead of US Employment data. Investors’ risk appetite has trimmed as S&P500 futures are facing immense heat. The RSI...
GBP/USD remains inside the woods around 1.2050 as investors US NFP The GBP/USD pair has continued its sideways performance around 1.2050 as investors are awaiting the...
The US Dollar strengthens as 2023 kicks in, as the US Dollar Index gains more than 1%. The US S&P Global PMI was unchanged, though it...
GBP/USD Forecast: Pound Sterling could stage a correction in case 1.1900 holds GBP/USD has turned south and declined to fresh monthly lows near 1.1900 with the...
GBP/USD jumps back towards 1.2100 amid risk recovery. US Dollar rebound fizzles out, USD/JPY sell-off weighs. GBP/USD bounces off 200DM, RSI enters into the bullish zone....
GBP/USD Price Analysis: Snaps two-day uptrend as 200-day EMA probes buyers GBP/USD renews its intraday low near 1.2070 during the first loss-making day in three, despite...
GBP/USD retreats from intraday high to snap two-day uptrend. British labor strike, UK PM Sunak’s push back to childcare reform joins geopolitical concerns to weigh on...
GBP/USD snaps two-day winning streak with mild losses. Another failure to cross the 200-SMA triggers a pullback inside a one-week-old symmetrical triangle. Firmer oscillators, the 1.2000...
GBP/USD holds decent gains around 1.2070s but below the 200-day EMA. US Chicago Manufacturing PMI exceeded estimates but remains in contractionary territory. GBP/USD Price Analysis: Upward...
GBP/USD Forecast: Pound Sterling faces stiff resistance at 1.2100 GBP/USD has managed to climb above 1.2050 early Friday after having snapped a two-day losing streak on...
A recovery in the risk-on mood has underpinned the Pound Sterling. The Cable is hovering around the downward-sloping trendline of the Descending Triangle pattern. A break...
GBP/USD battles with 200-day SMA as pullback extends GBPUSD has been edging higher after finding its feet at the all-time low of 1.0324 in late September....
The Pound bounces up from 1.2020 and approaches 1.2055 session highs. The pair remains practically flat in a quiet trading session. GBP/USD needs to regain 2.2450...
GBP/USD picks up bids to depict the third U-turn from 1.2000. RSI, MACD both suggest that bears are running out of steam. Bulls need validation from...
GBP/USD struggles to keep the bounce off one-month-old ascending support line. Sustained downside break of 200-SMA, downbeat RSI conditions keep sellers hopeful. The 1.2080 resistance confluence...
US PCE inflation eased as anticipated in November, Durable Goods orders disappointed. GBP/USD is struggling to retain the 1.2000 mark as US Dollar demand increases. US...
GBP/USD attracts some buying on the last day of the week amid a modest USD weakness. A positive risk tone weighs on the buck, though hawkish...
GBP/USD broke out of a coil and there are eyes on a move towards 1.1900 and 1.1778 thereafter. US Dollar is in demand due to prospects...
GBP/USD Forecast: Pound Sterling holds above key support despite weak UK data GBP/USD has managed to stage a rebound early Thursday before going into a consolidation...