GBP

GBP/USD Price Treads water above 1.3550, nine-day EMA

GBP/USD may test the 1.3632, the fresh highest since February 2022. The 14-day Relative Strength Index remains above 50, suggesting…

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GBP/JPY struggles to break above 196.00 ahead of BoJ-BoE monetary policy

GBP/JPY faces pressure near 196.00, with investors awaiting the BoJ-BoE monetary policy outcome. Both the BoJ and the BoE are…

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GBP/USD consolidates around mid-1.3500s ahead of this week’s key data/central bank event risks

GBP/USD kicks off the new week on a softer tone amid rising geopolitical tensions. The USD struggles to gain any…

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GBP/USD plunges as Israel-Iran conflict rattles markets, boosts US Dollar

GBP/USD drops over 0.40%, pressured by weak UK data and BoE-Fed policy divergence, which favors the Dollar’s strength. Israel strikes…

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EUR/GBP extends upside above 0.8500 as weaker UK data boosts BoE rate cut bets

EUR/GBP extends the rally to around 0.8525 in Friday’s early European session.  Weak UK employment data boosts BoE rate cut…

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Chart of The Day – GBP/USD

The GBPUSD exchange rate fell by around 0.25% to 1.3550, and 2-year gilt yields declined to 4.32% following the release…

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GBP/JPY extends losses below 195.00 following soft UK GDP data

The Pound Sterling drops across the board as UK GDP and Industrial Production figures disappoint. UK exports to the US…

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EUR/GBP consolidates above 0.8400 mark, looks to UK jobs data for fresh impetus

EUR/GBP extends its sideways consolidative price move in a one-week-old range. The divergent BoE-ECB expectations support prospects for some meaningful…

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GBP/USD Bullish outlook remains in play above 1.3550

GBP/USD gathers strength to near 1.3555 in Monday’s early European session.  The positive view of the pair prevails above the…

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GBP/USD trades with positive bias around 1.3530-1.3535 area, lacks bullish conviction

GBP/USD attracts some dip-buyers at the start of a new week amid subdued USD price action. Despite the upbeat NFP…

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