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 »British Pound Ahead of UK CPI: GBP/USD, EUR/GBP, GBP/JPY Price Action
The British pound is holding on to its recent gains ahead of the key UK inflation data as speculative long GBP positioning is at its highest level since 2014. How…
Read More »EUR/USD Bolts Toward Trendline Resistance, GBP/USD Threatens Bullish Breakout
The U.S. dollar weakened widely at the start of the week amid positive market sentiment and reduced demand for haven positions, boosting high-beta currencies such as the euro and British…
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 »GBP Weekly Forecast: Pound Eyes UK GDP Alongside US NFP
GBP/USD is preparing for some price volatility next week including UK GDP, Fed Chair Jerome Powell and US NFP data
Read More »Pound Sterling Price News and Forecast: GBP/USD remains near 1.2000 after US data
The GBP/USD fell to 1.1960 after the release of the US ISM Service PMI and then rebounded. The pair continues to move sideways, near 1.2000, virtually
Read More »Why the British Pound Is Stronger Than the US Dollar
For centuries, the British pound has held a nominal advantage over the US dollar. While it is something that has simply been a reality across everyone’s lifetime, it’s important to…
Read More »Pound Sterling Price News and Forecast: GBP/USD set to reclaim 200-DMA in the Thanksgiving week
GBPUSD buyers remained unstoppable for the second straight week, despite a lack of bullish impetus from the highly-anticipated United Kingdom Autumn B
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 »Breaking: GBP/USD slumps to fresh 37-year low under 1.0800 on broad US dollar strength
GBP/USD extends Friday’s south-run to refresh multi-year low. Discomfort in UK Chancellor’s latest speech, fears of recession weigh on the pair. Unce
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