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...
The Pound Sterling has reached fresh bull cycle highs on US Dollar weakness. GBP/USD bulls could be throwing in the towel below 1.2300, although 1.250 is...
Test of the descending triangle breakout will provide a buying opportunity at bargain prices. The Fed’s view of policy moderation has infused fresh blood into risk-sensitive...
The Pound Sterling jumped above 1.2000 as the Federal Reserve Chair, Jerome Powell, took the stance. Fed’s Powell: “Makes sense to moderate pace of interest rate...
GBP/USD is looking to test weekly lows at 1.1940 as the risk-off impulse has remained solid. The US Treasury yields have accelerated as Fed policymakers see...
GBP/USD is below a key trendline resistance and neckline of the H&S pattern. The bias remains firmly to the downside with eyes on 1.1900. As per...
GBP/USD has dropped after the conclusion of the short-lived pullback to near 1.1976 amid a risk-off mood. Hawkish commentary from Fed policymakers is aiming to bring...
GBP/USD reverses an intraday dip amid the emergence of fresh selling around the USD. Bets on less aggressive rate hikes by the Fed, sliding US bond...
British Prime Minister Rishi Sunak plans to promise on Monday to maintain or increase military aid to Ukraine next year, and to confront international competitors “not...
The Pound Sterling drops below 1.2000, set to finish the week with gains of more than 1.50%. GBP/USD: Failure to hold above 1.2100 exacerbated a fall...
GBP/USD retreats from a multi-month high amid a modest pickup in the USD demand. An uptick in the US bond yields prompts some USD short-covering amid...
US Dollar remains under pressure after FOMC minutes. Limited trading activity as Wall Street remains close. GBP/USD heads for the highest close in three months. The...