GBP
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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- 1 month 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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- 1 month 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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- 1 month 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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- 1 month 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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- 1 month 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
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- 1 month 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
- 1 month ago
GBP, Institutional
GBPUSD rises after UK GDP and industrial production data
UK GDP grew by 0.4% m/m, compared with expectations of 0.0% and 0.3% previously. GBPUSD chart (H1 interval) Source: xStation5
by Currency Hedger
- 0 Comments
- 1 month ago
GBP
British Pound rises as US Dollar weaken ahead of PPI data
GBP/USD extends its winning streak for the fifth consecutive day, trading around 1.3540 during the Asian hours on Thursday. Market participants are closely watching the upcoming US Producer Price Index (PPI) data due on Thursday and Consumer Price Index (CPI) data on Friday, as these inflation reports could provide vital hints regarding the Federal Reserve’s monetary […]
by Currency Hedger
- 0 Comments
- 1 month ago
EUR, GBP
Euro remains steady against British Pound Gains due to ECB rate hike bets
EUR/GBP remains steady after experiencing volatility, hovering around 0.8580 during European hours on Wednesday. However, the currency cross may gain ground as the Euro (EUR) could receive support ahead of the looming European Central Bank (ECB) monetary policy decision. The ECB is widely expected to hike interest rates at its September policy meeting on Thursday, driven by surging […]
by Currency Hedger
- 0 Comments
- 2 months ago