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UK growth expected to rebound in August Fed members more dovish due to the increase in US yields The British pound is calm on Wednesday. In the European session, GBP/USD is trading at 1.2297, up...
GBPUSD stuck in a steep decline since mid-July, appearing unable to recoverRecords consecutive multi-month lows as the bulls remain on the sidelinesGiven that momentum indicators are pointing at...
German Institutes see 2025 GDP at 1.5% Germany GfK consumer confidence hit lowest since April 2023 Euro Zone M3 money supply posts worst drop on record FX traders appear convinced that the ECB is done...
UK Mortgage approvals expected to continue to drop No major revisions are expected with the Q2 GDP report BOE overnight index swaps price in a peak rate of 5.369% at the Feb 1st meeting US Government...
GBP/USD is currently at 1.221 in a trend and a 5th wave. We have convergence for the downside move. We are looking for a continuation to the ATR target at 1.2162 with the further target for...
UK retail sales improve, PMIs remain in contraction The British pound is in negative territory after two days of losses. In the European session, GBP/USD is trading at 1.2245, down 0.40%. The...
UK consumer inflation slowed from 6.8% to 6.7% y/y, contrary to the expected acceleration to 7.0%. Core inflation, excluding food and energy, saw an even more significant slowdown of 6.2% from 6.9%...
UK inflation expected to rise Fed widely expected to pause rate increases The British pound is trading quietly on Tuesday. In the European session, GBP/USD is trading at 1.2397, up 0.10%.UK inflation...
The current value of the GBP/USD pair is 1.2407 and it has just emerged from a falling wedge in a range. We have noticed a convergence that suggests a potential upward movement. If we can surpass the...
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