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...
In the prior analysis, GBP/USD Price Analysis: Bulls in control and eye 1.2350, it was explained that the bulls took out a key resistance and so...
GBP/USD lacks any firm direction and oscillates in a narrow trading range on Thursday. Subdued USD demand lends some support, though recession fears seem to cap...
GBP/USD takes offers to reverse the previous day’s corrective bounce. Slump in UK’s house prices, easing momentum in labor market keeps bears hopeful. US Dollar remains...
Weaker-than-expected economic data in China threatens to derail economic growth and trigger risk aversion. Federal Reserve pressured by Solid US economic data released since last Friday...
In the 4-hour chart, we can see that the price is forming a head & shoulders pattern. A break of structure in the 1.2150s is required...
GBP/USD retreats a bit from a multi-month high, though lacks follow-through. The technical setup still favors bulls and supports prospects for further gains. A sustained break...
GBP/USD has refreshed its five-month high above 1.2340 and is expected to extend its rally amid a risk-on profile. After upbeat US NFP data, a better-than-projected...
The Pound Sterling nosedived to 1.2133 once the headline crossed the newswires. US November’s Nonfarm Payrolls crushed estimates, and wages rose. Traders focus on Chicago Fed...
GBP/USD remains sidelined after rising to the highest level in five months. Overbought RSI, two-month-old resistance line challenges further upside. Bear needs validation from the convergence...