The UK Retail Sales came in at -0.4% MoM in November, a big beat. Core Retail Sales for the UK dropped by 0.3% MoM in November....
BOE’S dovish guidance has snapped a four-day rally in the Cable. A Bearish Kicker candlestick pattern that indicates a reversal after an upside trend. The RSI...
The Pound Sterling loses ground against the US Dollar even though the Bank of England lifted rates by 0.50%. US Retail Sales for November disappointed, though...
GBP/USD comes under some selling pressure on Thursday, though shows resilience below 1.2300. A solid USD recovery from the six-month low triggers the initial leg of...
GBP/USD rebounds from intraday low but stays mildly offered. Pullback from three-day-old horizontal resistance teases sellers amid overbought RSI, impending bear cross on MACD. Key SMAs...
GBP/USD has slipped below 1.2400 amid a decent recovery in the US Dollar Index. Hawkish Fed guidance is supporting the US Dollar. The BOE is expected...
GBP/USD: Cable seesaws at six-month high ahead of Bank of England-inspired ‘Super Thursday’ GBP/USD remains firmer around the six-month high, making rounds to 1.2420-30 after refreshing...
GBP/USD bulls take a breather at six-month high, print mild losses of late. Double tops, bearish wedge formation joins RSI retreat to tease sellers. Key Exponential...
GBP/USD steadily climbs back to the 1.2400 mark amid a modest USD weakness. The formation of an ascending channel supports prospects for additional gains. Traders now...
GBP/USD sees around six-month high after UK inflation data. UK CPI retreats from 41-year high to 10.7% YoY in November, firmer RPI defends bulls. The cautious...
The US Core Consumer Price Index hits the 6% threshold, weakening the US Dollar. The Pound Sterling hit a fresh six-month high at around 1.2442 following...
GBP/USD edges higher on Friday and draws support from a combination of factors. Stronger UK wage growth data underpins the British Pound and acts as a...
GBP/USD gained traction and advanced towards 1.2300 on Monday. The data from the UK showed that the UK economy grew by 0.5% in October. The improving...
GBP/USD Price Analysis: Mean reversal to near 20-EMA around 1.2050 looks likely The GBP/USD pair has extended its losses below 1.2230 in the Asian session after...
GBP/USD has dropped to near 1.2250 after failing to overcome the 1.2300 hurdle. Market mood has turned cautious ahead of monetary policy meeting season. The Fed...
Bank of England to hike rates by 50 bps, fresh forecasts coming up. Concerns about a global economic setback weighed on US indexes. GBP/USD trades near...
The quarterly survey conducted by the Bank of England (BoE)/ Ipsos showed on Friday that the public’s expectations in Britain for inflation for the coming year...
GBP/USD eyes more gains above 1.2250 amid upbeat market mood, UK GDP eyed The GBP/USD pair is gathering momentum to overcome the immediate hurdle of 1.2250...
GBP/USD rises for the third consecutive day despite mixed markets. BOE is expected to announce a 50 bps rate hike as rents rise more than wages....
GBP/USD’s combination of harmonic patterns is a bearish feature. A trip into the Fibonacci scale could be on the cards for the remainder of the week...