GBP/USD shuddered on Thursday, punching in a technical rejection from key averages and testing below the 1.2400 handle. The ...
Sterling was weaker against the dollar after the BOE cut interest rates by 25bp, a decision that was widely expected, but two members preferred a 50 basis-point reduction, which analysts hadn’t ...
GBP/USD fell sharply on Thursday as sterling attracted sellers ahead of the Bank of Englands policy decision. Markets price ...
The Pound Sterling (GBP) is expected to consolidate in a 1.2460/1.2540 range. In the longer run, GBP has to break and remain above 1.2550 before a sustained advance can be expected, UOB Group’s FX ...
British Pound has slipped today as a corrective moves is being witnessed in the currency ahead of the monetary policy announcement from the Bank of England (BOE). The BoE is expected to cut its ...
US Dollar gains after ADP jobs data beats forecasts, while ISM PMI misses expectations. How will GBP/USD and EUR/USD react?
The GBP/USD forecast shows a pullback from recent peaks as market participants prepare for a likely Bank of England rate cut.
GBP/USD rose to a one-month high on Wednesday as the dollar retreated, with markets focused on tariff news from the White House. The dollar dropped on Tuesday after data showed U.S. job openings fell ...
According to BofA, the daily and weekly charts of GBP/USD present a favorable setup for a rally toward the 200-day and 200-week moving averages, with respective levels of 1.2791 and 1.2750.
The Dollar Index (DXY) showed resilience after key economic data outperformed expectations. The Final Manufacturing PMI climbed to 51.2, surpassing forecasts of 50.1, while the ISM Manufacturing PMI ...
That came just after US President Donald Trump imposed a 10% tariff on Chinese imports, reigniting a trade war between the ...
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