GBPJPY Vulnerable Despite Upside Correction
GBPJPY bounced back into the upward-sloping channel to close with moderate gains following the freefall […]
EURGBP at Risk of Breaking Below Sideways Range
EURGBP has mostly been trading between the 23.6% and 50% Fibonacci retracement levels of the […]
GBP/USD Pair Started a Fresh Increase Above 1.2000
The British Pound started a fresh increase above the 1.2000 resistance against the US Dollar. […]
GBP/USD Tests Resistance
The US dollar struggles as data show a slowdown in headline inflation in February. Cable’s […]
We Expect ECB to Stick to Its Guidance of a 50 bps Rate Hike Tomorrow
Markets Volatility on especially rate markets remained high yesterday. Markets in the end erased part […]
US CPI Recap: GBP/USD Holds Above 200-day EMA as Inflation Meets Expectations
Key takeaways The Consumer Price Index (CPI) in the US increased 0.4% in February, in-line […]
Stocks Rise After Inflation Data
US futures Dow futures +0.90 at 32300 S&P futures +1.3% at 3906 Nasdaq futures +1.2% […]
UK Labour Market Remains Strong
Unemployment claims in the UK fell by 11.2k in February, against analysts’ average forecast of […]
British Pound’s Rally Fizzles as Markets Settle Down
The British pound has reversed directions after an impressive rally that saw GBP/USD climb 370 […]
GBPUSD Hovers Around 50-SMA as Advance Falters
GBPUSD had been on a steady decline after its upside movement got rejected twice at […]
UK Budget Preview: What to Expect?
When is the UK Budget? Chancellor Jeremy Hunt will unveil the Spring Budget on Wednesday […]