GBP/USD weakens to mid-1.2700s as USD attracts haven flows amid Middle East tensions
The GBP/USD pair kicks off the new week on a weaker note and for now, seems to have stalled a two-day-old recovery from the 1.2665 area, or the lowest level…
Read More »Pound Sterling Price News and Forecast: GBP/USD retraces its recent losses around 1.2710
GBP/USD retraces its recent losses, trading around 1.2710 during the Asian session on Wednesday.
Read More »British Pound Holds At ’24 Highs Vs USD But Starts To Look Stretched
Sterling has had a great run this month, and retains a lot of fundamental support. However it is perhaps in need of a break.
Read More »British Pound (GBP/USD) Latest – Cable Under Pressure as Gilt Yields Slide
Short-dated UK government bond yields are testing lows last seen in late March as investors see interest rate cuts looming on the horizon
Read More »US Dollar Little Moved on Chair Powell’s Testimony, EUR/USD and GBP/USD Sentiment Analysis
US Fed Chair Jerome Powell’s semiannual testimony to Congress has produced little of note so far, leaving US dollar traders looking ahead to Thursday’s inflation report
Read More »British Pound (GBP) Slips But Ranges Hold Into Major US News Flow
Sterling has lost more ground to the US Dollar but the prospect of lower rates for both currencies’ home countries leaves current narrow range intact.
Read More »GBP/USD flat lines below 1.2700, looks to US data/FOMC minutes for some impetus
The GBP/USD pair struggles to build on the overnight goodish rebound from the 1.2615 area, or a multi-day low and oscillates in a narrow band during the Asian session on…
Read More »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 »BoE, Sterling Outlook: GBP/USD, GBP/CHF Key Levels and Scenarios to Watch
All eyes will be on the pound this week with crucial CPI data and the Bank of England rate decision in the balance. The Swiss National Bank adds uncertainty to…
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…
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