Pound Sterling Price News and Forecast: GBP/USD extends losses and approaches 1.2600
GBP/USD Price Analysis: Extends losses and approaches 1.2600 The Pound Sterling prolonged its agony and fell for the second straight day after the Bank of England’s decision to hold rates…
Read More »British Pound (GBP) – Bank of England and Inflation Data on Deck Next Week
UK inflation is expected to fall further next week and that may give the Bank of England a bit of wiggle room when discussing future rate cuts
Read More »Pound Sterling Price News and Forecast: GBP/USD trades with mild gains near 1.2725
The Pound Sterling (GBP) continued its battle with the 1.2800 level against the US Dollar (USD) this week, as the GBP/USD pair lost momentum after clinching a fresh three-month top…
Read More »GBP/USD Price Analysis: Bears in charge as ‘shooting star’ looms
The Pound Sterling holds to gains versus the US Dollar yet retraced from three-week highs reached at 1.2634 following a softer than expected US Nonfarm Payrolls report.
Read More »Pound Sterling bears in charge as ‘shooting star’ looms
GBP/USD Price Analysis: Bears in charge as ‘shooting star’ looms The Pound Sterling holds to gains versus the US Dollar yet retraced from three-week highs reached at 1.2634 following a…
Read More »US Dollar Index Pushes Higher, Sterling Continues to Weaken After BoE Dovish Shift
The US dollar is pushing higher, helped by Euro and Sterling weakness after Thursday’s BoE rate meeting. Short-dated US Treasury yields though remain anchored.
Read More »Markets Week Ahead: British Pound, Euro, Gold, US Dollar, CPI and GDP Data
The Euro and British Pound cautiously weakened last week amid a stronger US Dollar. This also meant gold underperformed. Ahead, all eyes turn to US CPI and UK GDP.
Read More »GBP/USD Price Analysis: Cable sellers eye previous resistance around 1.3000 and UK inflation
GBP/USD portrays the pre-data anxiety of the Cable pair traders as it seesaws around 1.3030 amid the early hours of Wednesday’s Asian session, followi
Read More »GBP/USD aims to recapture 1.2300 as higher UK CPI solidifies rate hike from BoE, USD retreats
The GBP/USD pair is looking to recapture the round-level resistance of 1.2300 in the Asian session. The Cable has rebounded after a vertical correctio
Read More »Pound Sterling Price News and Forecast: GBP/USD appreciates further and reaches session highs near 1.1400
The pound has continued appreciating during Friday’s US afternoon trading, buoyed by the broad-based USD weakness, to reach session highs at 1.1380. T
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