GBP
GBP, Market Analysis, Technical Analysis, USD
GBP/USD Price Forecast: Sterling Falls Below 1.3400 as Fed Strength and Bearish Technicals Weigh
GBP/USD is trading below 1.3400 at the start of the week, with the pair around 1.3375 during early European trading. Sterling remains under pressure after the US Federal Reserve delivered a hawkish rate increase last week, while the technical structure continues to point to downside pressure as long as the pair remains below its 100-day […]
by Currency Hedger
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- 2 weeks ago
GBP, Market Analysis, USD
British Pound languishes at seven-week lows despite bright UK Retail Sales data
The British Pound (GBP) has ticked up against the US Dollar (USD) on Friday, following an unexpected increase in UK Retail Sales. The GBP/USD pair, however, remains on its back foot, trading at 1.3370, ahead of the London session opening, on track for a 1.15% weekly decline, crushed by the diverging monetary policy decisions of the Federal […]
by Currency Hedger
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- 2 weeks ago
EUR, GBP, Technical Analysis
EUR/GBP – Euro struggles below 0.8570 with all eyes on the BoE
The Euro (EUR) ticks lower against the British Pound (GBP) on Thursday, with investors awaiting the Bank of England’s (BoE) monetary policy decision, due later in the day. The EUR/GBP pair hovers just above 0.8560 at the European session opening times, as the previous two days’ recovery attempt from the 0.8550 area found sellers at 0.8580. The BoE is expected […]
by Currency Hedger
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- 2 weeks ago
GBP, Market Analysis, Technical Analysis
BoE expected to hold interest rate at 3.75%
The Bank of England (BoE) is set to reveal its latest monetary policy decision on Thursday, coinciding with its sixth rate-setting meeting of 2026. Market analysts expect the central bank to keep its benchmark interest rate steady at 3.75%, which should be its sixth hold in a row following December’s 25-bps rate cut. The Monetary […]
by Currency Hedger
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- 2 weeks ago
GBP, Market Analysis, Technical Analysis
UK CPI could set stage for future rate hikes at Bank of England
The United Kingdom (UK) Office for National Statistics (ONS) will publish the highly anticipated Consumer Price Index (CPI) data for August on Wednesday at 06:00 GMT. The inflation report could trigger volatility in the British Pound (GBP), as it comes just one day before the Bank of England (BoE) monetary policy decision. The central bank is expected […]
by Currency Hedger
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- 3 weeks ago
EUR, GBP, Market Analysis, Technical Analysis
Trade of the Day: EUR/GBP
Market Bias: Bearish Technical Setup EUR/GBP has rejected the 0.8585 resistance level, reinforcing the recent bearish structure. On the daily timeframe, the pair is also trading below its 100-period exponential moving average (EMA), keeping the broader technical bias tilted to the downside. The 0.8585 area represents an important technical confluence zone, with resistance aligning with […]
by Currency Hedger
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- 3 weeks ago
GBP, Market Analysis
UK Wage Growth Eases as Softer Pay Data Tests Sterling’s Rate Outlook
Today Markets Analysis: UK wage growth slowed to 3.9% year-on-year in the three months to July 2026, down from 4.2% previously and marking the softest annual increase since the three months to February. At the same time, UK employment increased by just 67,000, its smallest gain in five months. The combination of moderating pay growth […]
by Currency Hedger
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- 3 weeks ago
GBP, Market Analysis, Technical Analysis
Sterling Slips Below $1.35 as Fed Bets Strengthen and UK Data Take Centre Stage
Today Markets Analysis: Sterling is losing momentum against the US Dollar as traders prepare for a potentially important week for both central banks. GBP/USD has slipped to around 1.3490, with expectations of a Federal Reserve rate hike supporting the Dollar ahead of Wednesday’s decision, while a heavy UK economic calendar could determine whether the Pound […]
by Currency Hedger
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- 3 weeks ago
GBP, Institutional, Technical Analysis
British Pound Consolidates Above 1.3500 as UK Data and Fed-BoE Decisions Approach
Currency Hedger Analysis: GBP/USD is consolidating above the 1.3500 psychological level as traders prepare for a week dominated by UK inflation and labour-market data, alongside monetary-policy decisions from the Federal Reserve and Bank of England. The pound retains some support from stronger-than-expected UK growth, but rising US rate-hike expectations and renewed Middle East tensions are […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
EUR, GBP
Euro retreats from weekly highs against British Pound as UK data beats expectations
UK data released on Friday showed that Gross Domestic Product (GDP) rose 0.4% in July, above expectations of a flat reading and following a 0.3% rise in June. These figures reflect a 0.2% increase in Industrial Production, reversing June’s 0.2% decline, and a 0.9% jump in Manufacturing Production, its strongest growth in the last four […]
by Currency Hedger
- 0 Comments
- 3 weeks ago