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UK GDP flat in third quarter The British pound is steady on Friday. In the European session, GBP/USD is trading at 1.2219, down 0.02%. The pound is coming off a nasty four-day slide, which declined...
BoE’s Bailey says no plan to cut rates The British pound has edged lower on Wednesday. In the North American session, GBP/USD is trading at 1.2287, down 0.10%. There are no tier-1 releases out...
GBPUSD trims gains after rejection from 200-SMABuying appetite falls; support at 1.2260-1.2300GBPUSD could not find enough buyers to expand Friday’ bull run above its 200-day simple moving...
US nonfarm employment is expected to fall sharply The British pound has posted strong gains on Thursday. In the European session, GBP/USD is trading at 1.2222, up 0.16%.US Nonfarm Payrolls Expected to...
BoE leaves Bank Rate at 5.25% MPC believes inflation risks are to the upside EUR/GBP fails to break key resistance zone The Bank of England left interest rates unchanged today at 5.25%, as expected,...
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...
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