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 »Dow Jones Sinks after Sterling Hit Record Low, KOSPI and Hang Seng Index at Risk Ahead
Dow Jones futures slumped as Sterling’s record low further boosted global monetary tightening expectations. The KOSPI and Hang Seng indices are at risk after Wall Street’s plunge.
Read More »British Pound (GBP) Forecast: Sterling Rally Provides Short Term Relief, Bigger Picture Remains Grim
Sterling remains under pressure as the recent rally may prove short-lived. The BOE meeting has been postponed to September 22.
Read More »GBP/JPY Price Analysis: Takes offers inside weekly triangle after Japan Q2 GDP
GBP/JPY renews daily bottom near 161.60 after Japan’s Q2 GDP flashed softer than expected figures during the initial hour of Monday’s Asian session. E
Read More »British Pound (GBP) Forecast – UK Inflation May Hit Double-Figures
The British Pound is in for a rough ride next week with the latest employment, wages, retail sales, and inflation data all set for release
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