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GBPUSD slightly higher today as market digests Fed meetingIt tests again the July 14 aggressive descending trendlineMomentum indicators remain muted ahead of next key eventGBPUSD is trading...
The British pound is relatively strong to start BOE week. With no change to interest rates expected, traders will key in on the BOE’s vote split and economic forecasts. GBP/USD is consolidating...
GBPUSD stuck in a range after steep decline pausesCreates a pennant pattern, hinting at potential breakoutOscillators suggest that positive momentum is slowly picking upGBPUSD had been forming a...
UK labour market cools UK Manufacturing and Service PMIs decline The British pound is slightly lower on Tuesday, after climbing 0.68% a day earlier. In the European session, GBP/USD is trading at...
The situation in the Middle East destabilized on October 7. The escalation will carry the most severe consequences for political arrangements and the economic field.Let's take a close look at the...
GBPUSD has its best day since JulyBulls await a close above 1.2300GBPUSD enjoyed a whopping start to the week, marking one of its strongest days since mid-July to rise as high as 1.2257 on Monday.The...
UK retail sales -0.9% in September (-0.3% expected) UK Gfk consumer confidence -30 in October (-20 expected) GBP/USD losing momentum near recent lows UK consumers are reining in spending in the run-up...
US unemployment claims fall below 200K UK retail sales expected to improve to -0.1% The British pound is drifting on Thursday. In the North American session, GBP/USD is trading at 1.2142, almost...
UK inflation data came in slightly higher than expected, helping the Pound to perform better than other European currencies on Wednesday.Headline inflation was 6.7% y/y in September, the same as the...
UK CPI unchanged, core CPI ticks lower US retail sales hotter than expected The British pound is showing limited movement on Wednesday. In the European session, GBP/USD is trading at 1.2194, down...
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