Pound Sterling hits hard by sharp contraction in UK Retail Sales The Pound Sterling (GBP) extends its correction against the majority of its peers in Friday’s New […]
Tag: Pound
Pound Sterling Price News and Forecast: GBP/USD climbs to 4-week high, buyers target 1.2900
GBP/USD Price Analysis: Climbs to 4-week high, buyers target 1.2900 The Pound Sterling begins the week on a higher note and posted gains of more […]
Pound Sterling Price News and Forecast: GBP/USD posts weekly losses, directionless beneath 1.2650
GBP/USD Price Analysis: Posts weekly losses, directionless beneath 1.2650 The GPB/USD is subdued during the North American session on Friday following a positive UK GDP report, yet […]
Pound Sterling extends sell-off following BoE meeting
The Pound Sterling prints red bars on traders’ screens after the Bank of England meeting. The BoE leaves interest rates unchanged and keeps the same 7-2 […]
Pound Sterling rebounds as steady UK wage growth diminishes BoE rate-cut bets
The Pound Sterling rebounds to 1.2750 as steady UK wage growth undermines BoE rate-cut bets for the August meeting. UK Average Earnings Excluding bonuses rose steadily by 6%. […]
Pound Sterling bounces back with focus on US core PCE inflation
The Pound Sterling finds a cushion below 1.2700 despite uncertainty ahead of the US core PCE Inflation. UK’s high service inflation remains a barrier to the sustainable […]