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

Read More »