GBP/USD Price Analysis: Pound Rises as UK Economy Recovers

The UK economy has recovered from the Covid-19 pandemic much faster than expected. Britain is Read More →

GBP/USD Weekly Forecast: BoE’s Retreat Flipping the Pound

The dollar got a boost after the FOMC meeting. Data on initial jobless claims showed Read More →

GBP/USD Price Analysis: Pound Slides on Dismal Sales Data

Data revealed that British retail sales grew less than anticipated in August. August marked the Read More →

GBP/USD Forecast: Pound Lingers at Recent Lows After UK CPI

Data indicated that UK inflation in August had slowed more than anticipated. Investors rushed to Read More →

GBP/USD Weekly Forecast: Sellers Overwhelm Ahead of BoE/Fed

The UK released GDP data that was much lower than expected. The US CPI and Read More →

GBP/USD Price Hovering Above 1.2445 Support, Eying US CPI

The bias is bearish despite temporary rebounds. A new lower low activates more declines. The Read More →

GBP/USD Outlook: Pound Strengthens as Dollar Slides vs. Yen

The dollar fell amid a rush into the yen. The pound depreciated by nearly 1% Read More →

GBP/USD Outlook: Dollar’s Longest Weekly Rally in a Decade

The dollar saw a marginal 0.15% decline. The pound remained at a three-month low against Read More →

GBP/USD Price Dips Below 1.27 Ahead of Jackson Hole

The price seems heavy as DXY is still bullish. Taking out the 1.2620 activates more Read More →

GBP/USD Price Analysis: Dollar Pares Gains, Eying Powell

The currency market’s activity is muted amid a calm period of summer volatility. Investors are Read More →

GBP/USD Weekly Forecast: Upbeat Data Points to Further Hikes

Traders raised their bets on higher Bank of England interest rates. Most Fed policymakers still Read More →

GBP/USD Price Analysis: Pound Soars Amid Upbeat Basic Wages

Data revealed a record surge in UK basic wages. The UK’s unemployment rate climbed to Read More →

GBP/USD Weekly Forecast: UK Economy’s Outlook Remains Bleak

British retailers experienced their slowest sales growth in 11 months in July. US consumer price Read More →

GBP/USD Price Analysis: Pound Bounces Back on Stronger GDP

The British economy experienced more significant growth than anticipated in June. The Bank of England Read More →

GBP/USD Price Analysis: Pound Dips After Slow Retail Growth

British retailers witnessed their slowest sales growth in 11 months in July. On August 2, Read More →

GBP/USD Forecast: Sellers Pounce 1.27 Amid Upbeat US ADP

The dollar surged to a four-week high against its major counterparts. US private payrolls grew Read More →

GBP/USD Weekly Forecast: Traders Dial Back on Jumbo Hike Bets

The Bank of England might not implement another significant rate hike next week. Investors remain Read More →

GBP/USD Price Analysis: Long Losing Streak Ends Amid Risk-on

A survey indicated a slower growth rate in Britain’s private sector in July. Speculators have Read More →

GBP/USD Outlook: Pound Recovers Amid Upbeat Retail Sales

UK consumer spending strengthened in June. The pound is facing its most considerable weekly loss Read More →

GBP/USD Forecast: Pound Dives Following Cooler Inflation Figures

British inflation data came in lower than anticipated. Market sentiment now leans toward a 25bps Read More →

GBP/USD Outlook: Pound Holds Steady Ahead of Inflation Data

Speculators increased their bullish positions on the pound. Core inflation in the UK will likely Read More →