Tag: Sterling

The Pound Sterling refreshes the weekly high at 1.3150 against the US Dollar as traders raise bets for a Fed 50 bps interest rate cut. Soft US […]

GBP/USD hits multi-year high post Powell dovish pivot, rose above 1.3200 The GBP/USD climbed sharply during the North American session after Federal Reserve Chair Jerome Powell gave […]

The Pound Sterling exhibits sheer strength against the US Dollar on multiple tailwinds. Healthy growth in UK Retail Sales could diminish bets of a second straight […]

GBP/USD Price Analysis: Drops below 1.2900 amid strong US data The Pound Sterling dropped below 1.2900 for the third consecutive day, edged lower 0.17%, and […]

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 […]

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 […]

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 […]

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 […]

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%. […]

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 […]