Pound Sterling Price News and Forecast: GBP/USD is under mild pressure, with bears gaining control
GBP/USD is licking its wounds after the big figure slide to 1.3800 amid repositioning trades. The cable managed to defend the latter but the risks rem
Read More »GBP/USD turns negative on the day near 1.3820 after upbeat US jobs report
The GBP/USD pair came under modest bearish pressure in the second half of the day and dropped to a session low of 1.3814. As of writing, the pair was
Read More »GBP/USD Price Analysis: Bears attack 1.3800 on the break of 11-week-old support line
GBP/USD refreshes intraday low with 1.3802, currently around 1.3810, during its fifth day of declines on Tuesday. The cable recently broke an ascendin
Read More »GBP/USD Price Analysis: Bears battle two-week-old support line above 1.3900
GBP/USD picks up bids around 1.3930, up 0.06% intraday, amid the initial Asian session on Tuesday. The cable dropped during the previous three days be
Read More »GBP/USD Price Analysis: Refreshes yearly top inside short-term rising channel, 1.4000 in focus
GBP/USD prints a three-day winning streak while rising to the fresh high in 34 months while taking the bids near 1.3925 during Tuesday’s Asian session
Read More »GBP/USD set to finish tumultuous 2020 on the front foot around 1.3650
GBP/USD is finishing the year on the front foot, with the pair crossing above the 1.3650 mark for the first time since May 2018 and printing highs dur
Read More »GBP/USD refreshes 31-month top above 1.3600 as UK Parliament approves Brexit deal
GBP/USD rises to the fresh high since May 2018 around 1.3640 during Thursday’s Asian session. The pair recently benefited from the news that the Briti
Read More »USD Price Outlook: Pound-Dollar Recoils Lower, Will it Last?
The US Dollar traded mixed on Monday as GBP/USD price action dropped 110-pips while EUR/USD notched a 27-pip advance and implied volatility readings cool off during the holidays.
Read More »US Dollar and Yen Up, British Pound Down as New Virus Strain Hits London
The anti-risk US Dollar and Japanese Yen rose while the British Pound fell as a new strain of the coronavirus forced London into lockdown. US negotiators agreed on a fiscal…
Read More »USD Price Outlook: US Dollar Braces for Fed Decision, PMI Data
US Dollar veered back toward two-year lows as USD price action weakened against major FX peers like the Pound, Canadian Dollar, Yen and Euro. Volatility may accelerate with PMI data…
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