GBPUSD

GBPUSD Closes Higher for 3 Consecutive Trading Days. What Could Fuel Its Rally?

GBPUSD has recouped most of its losses for the past few trading days. Yesterday marked the third consecutive day of…

Mar 27, 2020, 06:16 GMT

GBPUSD: BoE Keeps Rates at 0.1%, Notes Coronavirus-Driven Risks

The Bank of England (BoE) has kept interest rates unchanged at 0.1%. The asset purchase facility remains at the previous…

Mar 26, 2020, 13:22 GMT
  • Forex

UK Retail Sales Weaker Than Expected, GBPUSD Unfazed

GBPUSD stabilize today after weaker retail sales but seems that the market has already discount much of the weaker economic…

Mar 26, 2020, 08:09 GMT

GBPUSD in Focus As BoE Meets to Decide on Interest Rates

The Bank of England (BoE) is currently meeting to decide on whether or not to adjust interest rates tomorrow, putting…

Mar 25, 2020, 17:24 GMT

GBPUSD Up After UK CPI Data, Forms Double Bottom Hinting More Upside Potential

GBPUSD is trading slightly higher today following the UK CPI data for February. As of this writing, the currency pair…

Mar 25, 2020, 07:36 GMT

GBPUSD Surges On Better UK Manufacturing PMI Data

The GBPUSD pair rose by more than 100 basis points as traders on broad US dollar selloff. The US dollar…

Mar 24, 2020, 10:28 GMT

GBPUSD Gives Up Gains on Coronavirus Fears But Technicals Suggest a Potential Rally

GBPUSD initially traded higher during the Asian session on profit-taking but the currency pair is now under selling pressure as…

Mar 23, 2020, 08:20 GMT

GBPUSD Hits Multi-Years Lows And Rebounds On Monetary Measures

GBPUSD hit in the early Asian session the multi-year lowest level at 1.1411 but managed to rebound sharply and reversed…

Mar 20, 2020, 10:33 GMT

GBPUSD Choppy As BoE Cuts Rates Again to All-time Low of 0.1%

In an emergency meeting held this afternoon, the Bank of England (BoE) has delivered a rate cut to send the…

Mar 19, 2020, 15:07 GMT

GBPUSD Trend Remains Downwards as Traders Target 1985 Lows

GBPUSD has stabilized following yesterday’s 690 pips drop, but the downtrend remains firmly in place. The short-term trend will remain…

Mar 19, 2020, 11:57 GMT

GBPUSD Hits Six-Month Lows Amid USD Funding Crunch

GBPUSD is under selling pressure for the seventh day in a row as US dollar gaining momentum across the board.…

Mar 18, 2020, 11:02 GMT

GBPUSD Falls to 5-Month Lows Despite Generally Positive UK Labor Data

GBPUSD is under selling pressure in today’s trading and it would seem that none even a generally positive roster of…

Mar 17, 2020, 10:01 GMT