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 […]
Tag: Sterling
Pound Sterling Price News and Forecast: GBP/USD dips to 1.2881, marking third day of losses
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 Price News and Forecast: GBP/USD hits hard by sharp contraction in UK Retail Sales
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 […]
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 […]