GBPUSD: From Correction to Uptrend Breakdown
The British Pound is losing ground for the 6th consecutive session, falling 2.2% to 1.2850. […]
Cable Can See More Weakness After a Rally
Cable has turned lower this week, with a very sharp and impulsive price action on […]
GBP/USD: Bears Taking a Breather Above Important Supports
Pullback from new 2023 peak extends into sixth straight day, although bears face headwinds at […]
GBPJPY Neutral Outlook Unchanged for Now
GBPJPY is set to close the week with mild losses for the third time in […]
As Dollar Fights Back, Can Flash PMIs Revive Euro and Pound Rally?
The flash PMI readings for July are due on Monday for the major economies. The […]
EUR/GBP: Dovish Shift in BoE Rate Outlook Adds Pressure on Sterling
EURGBP cross keeps firm tone and extends steep ascend into fifth consecutive day on Thursday, […]
GBP Sees Pullback
GBP/USD seeks support The pound tumbled after the UK’s consumer price growth showed a noticeable […]
Tesla, Netflix Down Post Earnings
Nasdaq futures are down this morning, by about 0.50% at the time of writing, after […]
Sterling Takes a Tumble as Inflation Falls
UK inflation eases more than expected British pound tumbles close to 1% Pound slides as […]
EURGBP Powers Higher After UK CPI Miss
EURGBP experienced a sharp increase from softer-than-expected UK CPI inflation numbers, with the price rising […]
GBP/USD: Dips Below 1.30 on Softer than Expected UK Inflation Data
Cable accelerated below 1.30 support in early Wednesday, following softer than expected UK inflation data […]
UK Inflation Offers Hope for the Bank of England
It’s been a long time coming but inflation in the UK is finally on the […]