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Bearish: GBP/USD is currently at 1.2734, possibly starting a third wave in a channel. If we can push through slope support here, we are looking for a continuation to the ATR target at 1.2600. Today's...
Inflationary pressures in the UK are easing, although they remain the highest among the G7 countries, as sellers are in no hurry to cut prices.UK CPI fell 0.4% in July (-0.5% expected), the first...
UK job growth falls but wages soar UK releases CPI on Wednesday The British pound edged higher on Tuesday. In the European session, GBP/USD is trading at 1.2697, up 0.08%.UK job market cools but wages...
It appears that the GBP/USD is currently experiencing a bearish trend, with its current rate at 1.2659 in a fifth wave within a channel. If it can break through its current support, we can expect a...
UK wages expected to accelerate by 7.9% US retail sales projected to rise 0.4% The British pound is quiet at the start of the week. In the European session, GBP/USD is trading at 1.2701, up 0.05%.UK...
The British pound is slightly higher earlier on Friday. In the European session, GBP/USD is trading at 1.2706, up 0.24%.UK GDP surprises to the upsideThe week wrapped up on a high note in the UK, as...
It’s a busy week on the calendar with inflation taking centre stage. With a wide list of countries reporting their latest price changes, focus on the end of the week will shift towards the US as...
BOE rate hike odds for the September 21st meeting stand at 87.3% The VIX index trades above 16, to the highest levels in two months FX Volatility starts to pick, Canadian dollar index rises to...
GBP/USD TakeawaysThe market is split on whether the BOE will hike 25bps or 50bps at its meeting tomorrow, as well as about how high the central bank will ultimately raise rates. Friday’s NFP...
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