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The British pound is sharply lower on Thursday as the US dollar has rebounded against the major currencies. In the North American session, GBP/USD is trading at 1.1787, down 1.07%. We continue to see...
The risk rebound in the markets has stalled and equity markets are down around 1% on Thursday following quite a good run over the last month.The Day We’ve All Been Waiting For The UK Autumn...
The GBP/USD pair advanced modestly on Wednesday and climbed above the 1.1900 level as investors assessed macroeconomic data coming from both shores of the Atlantic.At the time of writing, the GBP/USD...
The British pound has moved higher on Wednesday. In the European session, GBP/USD is trading at 1.1934, up 0.56%. The pound roared on Tuesday, gaining close to 1% and punching past the 1.20 line for...
The UK Consumer Price Index delivered another "positive" surprise, adding 2% for October, above the average forecast of 1.7%. Annual inflation accelerated to 11.1% against 10.1% previously and the...
The British pound has reversed directions on Tuesday and posted sharp gains. In the European session, GBP/USD is trading at 1.1902, up 1.22%. The pound has punched above 1.19 for the first time since...
GBPUSD is looking bullish in the short term after surging above its daily moving averages (MAs) and the long-term descending trend line. Prices hit a two-and-half-month high of 1.1853 on Friday, and...
The British pound has started the week with considerable losses. In the North American session, GBP/USD is trading at 1.1733, down 0.83%. US Dollar Claws Back It was a week to forget for the US...
Risk appetite improved worldwide after signs of cooling in US inflation and the prospects of a dovish tilt by the Federal Reserve. The US dollar weakened against other counterparts. However, markets...
The GBP/USD rally gained new momentum on Friday morning, following a respite after the 3% rise on Thursday. The British currency was supported predominantly by better-than-expected economic data and...
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