EUR/GBP Price Forecast – Channel Breakout to Bring Buying above 0.8545
The EUR/GBP price forecast remains bullish above the 0.8545 level, extended by a previously violated upward channel. The day before, the EUR/GBP was closed at 0.8567…
Category: Forex
GBP/USD Price Forecast: A Quick Review of FED, BOE and US Nonfarm Payroll
The GBP/USD price forecast is likely to exhibit a slight bullish reversal as the pair has already entered the oversold zone. and investors may trigger profit-taking. The day before, GBP/USD closed at $1.3498
GBP/USD Forecast: Vulnerable After BoE, Looking Ahead to NFP
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. GBP/USD remains vulnerable under 1.3500. Brexit concerns are lingering, keeping the pound under pressure. Market participants await US NFP data release due in the New York session today. The GBP/USD forecast remains bearish… Continue reading GBP/USD Forecast: Vulnerable After BoE, Looking Ahead to NFP
GBP/USD Price Looks Neutral at mid-1.3600 After Fed, Awaits BoE
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. GBP/USD gained on Wednesday after Fed’s decision but could not retain gains. Fed’s rate hike plan is still not clear, keeping the Greenback bulls on the backfoot. BoE’s rate decision is due on… Continue reading GBP/USD Price Looks Neutral at mid-1.3600 After Fed, Awaits BoE
GBP/USD Slips to $1.3620 as Traders Buckle Up for US FOMC and Fed Fund Rate
The GBP/USD currency pair is trading with a bearish bias at the $1.3620 level ahead of US FOMC and Fed fund rate.
GBP/JPY Price Analysis: Bears Dominating amid Risk-off, Eying BoE
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. GBP/JPY falls as the market sentiment remains cautious ahead of BoE. UK-France tension on fishing rights is slightly easing off. Japanese yen remains weak, as admitted by the Japanese Finance Minister. The GBP/JPY… Continue reading GBP/JPY Price Analysis: Bears Dominating amid Risk-off, Eying BoE
EUR/GBP Steady at 0.8436 ahead of the BOE Interest Rate Decision
On Monday, the EUR/GBP pair is trading with a neutral base as investors are waiting for the Bank of England’s interest rate decision due on Thursday this week.
GBP/USD Price Forecast: Can the Bank of England increase interest rate?
The GBP/USD price forecast heavily relies on the Bank of England’s interest rate decision and its stance on tapering. This article will uncover everything we can expect from the Bank of England’s monitory policy meeting.
EUR/GBP Price Down at 0.8450 After Eurozone Data, Still Rangebound
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. EUR/GBP remains depressed around the mid-0.8400 area despite the hawkish stance by ECB. GBP bulls have overcome the Euro as BoE seems poised to hike rates. Brexit concerns may not allow the GBP… Continue reading EUR/GBP Price Down at 0.8450 After Eurozone Data, Still Rangebound
UK Budget Forecasts Pressure Pound and Weaken Rate Hike Bets
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. By the end of October, the British pound changed hands around mid-1.3700 on fears of inflationary pressures and lingering energy issues amid the UK Budget forecast and spending review. UK Budget forecast According… Continue reading UK Budget Forecasts Pressure Pound and Weaken Rate Hike Bets
