Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The GBP/USD pair bounces off the intraday low and reaches the peak of the short-term trading range. As the UK Treasury plans a major overhaul of the insurance industry post-Brexit, the EU’s Sefcovic… Continue reading GBP/USD Price Tumbles Below 1.36 amid Brexit, Geopolitical Tension
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. EUR/GBP pair’s gains could be temporary, as increased bets for more BoE interest rate hikes strengthen the UK pound. European Commission President Ursula von said that if Russia invades Ukraine, it will be… Continue reading EUR/GBP Slips to 0.8336 – Downward Channel in Play
The GBP/USD price forecast remains bullish, as the 50 EMA is extending strong support to the direct currency pair. The GBP/USD ended the day at $1.3586, with a high of $1.3644 and a low of $1.3572.
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 under pressure below 1.3600. Russia-Ukraine tension remains the key driver of the market. Brexit concerns continue to weigh on the pound. Market participants are eying US initial jobless claims and US… Continue reading GBP/USD Outlook: Bulls Lack Strength Under 1.36 amid Risk-off sentiment
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Taking advantage of the reversal in overnight losses, the GBP/USD pair regained momentum on Tuesday. A lack of optimism in growth was evident, and UK employment data appeared largely unaffected. A safe-haven dollar… Continue reading GBP/USD Price Sticking to Gains Above 1.35 After UK Jobs Data
The EUR/GBP is trading at 0.8364, retesting the previously violated double top resistance at 0.8630 on the 4-hour chart.
The GBP/USD closed on Friday with a 0.2 percent gain, making it one of the best performing G10 currencies on the day.
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The GBP/JPY recovered on Thursday due to a combination of factors. Sterling continued to benefit from the Bank of England’s more hawkish decision last week. The JPY’s safe-haven was undermined by positive risk… Continue reading GBP/JPY Price Analysis: Bulls Eying 157.5 amid Risk-on, Awaits US CPI
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The GBP/USD currency pair is trading sideways in Asia as markets, consolidating ahead of this week’s catalysts. Currency markets may be affected by UK GDP and US CPI. Technically, the bearish momentum remains… Continue reading GBP/USD Outlook: Sideways Above 1.3500 Ahead of Key Events
The EUR/GBP is trading at 0.8469, having violated the double top resistance at 0.8420 on the 4-hour chart. The pattern extended resistance at 0.8420 along with support at 0.8305
