GBP/USD remains sidelined after snapping two-day uptrend the previous day, picks up bids of late. Cautious optimism allows Cable buyers to retake control ahead of the...
GBP/USD Price Analysis: Eyes 1.2200 on upbeat market mood The GBP/USD pair has picked up demand after dropping to near 1.2140 in the Asian session. The...
GBP/USD registers some decent losses after failing to climb above 1.2200. For the GBP/USD to extend its gains, it needs to reclaim 1.2200, to pose a...
GBP/USD is facing stubborn barricades around 1.2200 as anxiety soars ahead of Fed Powell’s speech. The US Dollar Index (DXY) is aiming to extend its recovery...
The GBP/USD pierces the 200-day EMA and distances from it, rallying above the 1.2200 figure. Investors are eyeing the United States inflation report on Thursday. GBP/USD...
GBP/USD is looking to extend the upside further as the Federal Reserve may choose a smaller interest rate hike ahead. Weaker United States Services PMI after...
The GBP/USD soared close to 1.50% on disappointing US ISM Services data. Hawkish Fed speaking failed to weigh in on the GBP/USD. Next week’s economic calendar...
US nonfarm payrolls rose by 223K, exceeding estimates, while the unemployment rate fell. Average Hourly Earnings were lower than the 5% predicted, signaling that inflation on...
GBP/USD has sensed selling pressure around 1.1930 amid a recovery in the US Dollar Index. A recovery in the risk-on profile is getting faded as investors...
GBP/USD plunges towards 1.1900 on US data as traders eye US NFP The GBP/USD plummets from 1.2078 daily highs towards the 1.1910s area on broad US...
A mild recovery in S&P500 futures is indicating that the risk-on mood is attempting to regain traction. A breakdown of an H&S chart pattern will result...
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...