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...
GBP/USD trades water as bulls and bears jostle between crucial resistance and support. Looming bear cross on MACD, failure to cross 1.2450 hurdle teases sellers. Two-week-old...
GBP/USD oscillates below 1.2350, downside looks favored on hawkish Fed commentary The GBP/USD pair is displaying back-and-forth moves after a south-side drive below the critical resistance...
United Kingdom’s Unemployment Rate data gave rise to a rally in the British Pound with Bank of England in focus. GBP/USD is in the hands of...
GBP/USD bears stay on top in US session, taking out 1.2200 GBP/USD was down 0.27% at 1.2194 after rising to its highest since mid-December to 1.2288...
US Consumer Sentiment improved, while inflation expectations edged lower. UK’s GDP for the fourth quarter contracted and flashed a gloomy economic outlook. GBP/USD traders are eyeing...
UK GDP arrived at 0.1% MoM in November vs. -0.2% expected. GBP/USD keeps its range above 1.2200 on UK GDP positive surprise. The UK Gross Domestic...
GBP/USD retreats from intraday highs to pare the biggest weekly gain since late November. RSI pullback from nearly overbought conditions adds strength to the pullback moves....
US Dollar tumbles after CPI data, trims losses after Wall Street opening bell. Inflation confirms slowdown in the US, Fed’s Harker expects 25 bps hikes now....
GBP/USD grinds near intraday high, snaps two-day losing streak. Bullish candlestick formation, sustained bounce off key moving average favors buyers. Sellers remain off the table unless...
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...