GBP/USD

GBP/USD Current price: 1.4159 BOE’s Governor Bailey said they would be watching inflation “very carefully.” UK health officials noted that local vaccines are effective against the Indian strain. GBP/USD is neutral in the near-term, but bulls hold the grip. The GBP/USD pair...

GBP/USD Current price: 1.4187 UK Brexit Minister David Frost recognized that the UK failed to secure the wanted agreement. UK Retail Sales are foreseen surging a whopping 36.8% YoY in April. GBP/USD continues to depend on how investors see US inflation developments. The GBP/USD pair bounced...

GBP/USD Current price: 1.4110 The UK April Consumer Price Index rose 1.5% YoY, surpassing the 1.4% expected. The risk-on mood was exacerbated by the FOMC Meeting Minutes. GBP/USD flirts with the 1.4100 threshold after meeting sellers around 1.4200. The GBP/USD pair fell on a daily basis,...

GBP/USD Current price: 1.4193 The UK’s unemployment rate unexpectedly fell to 4.8% in the three months to March. UK annual inflation is expected to have recovered to 1.4% YoY in April. GBP/USD positive momentum set to continue in the near-term. The GBP/USD pair surged to 1.4219 on the...

GBP/USD Current price: 1.4140 BOE to focus on returning inflation sustainably to target, according to Vlieghe. The UK will release employment-related data on Tuesday. GBP/USD is poised to extend its advance beyond 1.4200 in the near-term. The GBP/USD pair surged in the final trading session on...

GBP/USD has benefited from the UK reopening and favorable data. Top-tier UK data and the Fed's meeting minutes stand out in the upcoming week. Early May's daily chart shows bulls are in the lead.  The FX Poll is painting a mixed picture for the currency pair's next moves. Will...

GBP/USD Current Price: 1.3392 Brexit continues to be the centre of attention for the pound. UK PM Boris Johnson meets EU von der Leyen in Brussels to unlock trade talks. GBP/USD without clear direction technically, diminishing odds for a move higher. The GBP/USD pair ended in positive...

GBP/USD Current Price: 1.3016 Pound ignoring US events unaffected by the market’s sentiment. Market believes that the BOE could surprise with a rate cut this Thursday. GBP/USD holding below 1.3040 which skews the risk to the downside. The GBP/USD pair spent the day within familiar levels,...

GBP/USD Current Price: 1.3158 UK Services sector stabilized in December, according to Markit. UK PM Johnson to discuss a trade deal with the US in the upcoming months. GBP/USD mild-bullish short-term stance, gains limited to 1.3284. The GBP/USD pair surged to 1.3174, as panic selling stalled mid...

GBP/USD Current Price: 1.3133 The December UK Markit Manufacturing PMI came in at 47.5, missing the market’s expectations. Markit will release this Friday the December Construction PMI, expected at 45.9. GBP/USD would likely accelerate its decline once below the 1.3100 figure. The GBP/USD...

GBP/USD Current Price: 1.3117 UK Parliament will resume debating the Withdrawal Agreement Bill next Tuesday. Long holiday ahead with no data scheduled to be released in the UK. GBP/USD technically bullish in the short-term, battling with critical Fibonacci level. The GBP/USD pair benefited once...

GBP/USD Current Price: 1.2936 Concerns about a hard-Brexit exacerbated by Withdrawal Bill passing the Parliament. Irish PM Varadkar indicated that the UK PM is embarking on a “harder Brexit than we anticipated.” GBP/USD bearish and about to challenge December low at 1.2895. The GBP/...

GBP/USD Current Price: 1.3016 The Bank of England left its monetary policy unchanged as expected. UK Q3 GDP and Commons voting on the Brexit bill this Friday. GBP/USD pierced 1.3000, retains its bearish stance in the short-term. The GBP/USD slump continued this Thursday, with the pair bottoming...

GBP/USD Current Price: 1.3081 UK inflation came in slightly better than anticipated in November, still below BOE’s target. UK PM Johnson speeding Brexit preparations, to announce government’s priority this Thursday. GBP/USD will likely accelerate its decline on a break below 1.3050 the...

GBP/USD Current Price: 1.3121 UK PM Johnson plans to prevent an extension of the Brexit’s transition period. UK employment data mixed, wages’ growth above expected. GBP/USD at risk of extending its slump after piercing 1.3100. The GBP/USD pair plummeted this Tuesday, touching a low...