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Markets leaning towards possibly one last BOE rate hike (implied rate peak of 5.527% at Feb 1st, 2024 meeting) UK house prices tumble to lowest levels since 2009 Doji pattern is possibly invalidated...
UK contracts faster than expected One-off factors largely behind the decline, BoE still expected to hike Major support being tested in cable The UK economy contracted faster than expected in July...
UK GDP falls by 0.5% GBP/USD dips slightly lower The British pound edged lower on Wednesday. In the European session, GBP/USD is trading at 1.2472, down 0.17%. The pound fell as low as 1.2441 earlier...
UK job growth slides, but wages hit a record high GBP/USD slips below 1.25 The British pound is in negative territory on Tuesday. In the European session, GBP/USD is trading at 1.2470, down 0.31%.UK...
The EUR/USD pair is getting closer to an important demand zone GBP/USD could test an area near the 'correction equilibrium' zone Meanwhile, EUR/PLN's rally still has legs As we move into September,...
GBPUSD in a steady decline since mid-JulyFound its footing just shy of the 200-day SMACan the bulls stage a comeback?GBPUSD has been forming a structure of lower highs and lower lows since its...
UK home prices plunge 4.6% in the year up to August, the worst y/y drop since 2009 UK businesses are expected to deliver the smallest price rise since February 2022 GBP underperforms as BOE rate hike...
British Pound falls to 3-month low against US Dollar UK house prices fall sharply BoE’s Bailey is non-committal about the September rate decision The British Pound has extended its losses on...
Dovish BoE commentary weighs on the pound Two more rate hikes are still heavily priced in Major support below around the 200/233-day SMA band The monetary policy report hearing can often be a...
GBP/JPY is currently at 184.85 after a corrective move. If we can break support at this level, we can expect a continuation to the ATR target at 184.17 with further potential downside. It's important...
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