GBPUSD

GBPUSD Rebound From Five-Month Lows After Fed Emergency Rate Cut

GBPUSD started the week higher amid pressure in USD after the Fed in an emergency move cut the interest rates…

Mar 16, 2020, 08:06 GMT

GBPUSD Drops Over 350 Pips as Central Banks and Johnson Fail to Ease Coronavirus Fears

Among the majors, GBPUSD has one of the biggest losses in yesterday’s trading. The currency pair was down 356 pips…

Mar 13, 2020, 06:56 GMT

GBPUSD Lower Amid Rate Differentials

GBPUSD trades lower for the third day in a row as the pair corrects from recent highs amid the expectations…

Mar 12, 2020, 11:46 GMT

Market Brief: BOE Cuts Rates by 50 Basis Points; Nikkei 225, Asian Stocks Lower on Risk Aversion

BOE Follows the Fed and Cuts Rates by 50 Basis Points The biggest news in this Asian market session was…

Mar 11, 2020, 07:52 GMT

GBPUSD Looks Bullish Ahead of a Busy Day with UK Data and Budget Release

On the 4-hour chart, we can see that GBPUSD is testing its previous trend line (from connecting the highs of…

Mar 11, 2020, 05:01 GMT

Profit Taking On GBPUSD Might Test 1.30

GBPUSD retreat today after a five days rally that drove the price up to two-month highs amid USD weakness across…

Mar 10, 2020, 11:18 GMT

GBPUSD Breaks Trendline Resistance and Taps 5-Week Highs; Can It Extend Its Gains?

GBPUSD opened this week’s trading higher as the British pound benefited from oil price war news over the weekend. The…

Mar 09, 2020, 05:21 GMT

NFP Data Beat Expectations, GBPUSD Breaks Below 1.30

GBPUSD is higher for the fourth consecutive session and keeps the gains despite better than expected NFP data showing that…

Mar 06, 2020, 14:02 GMT

GBPUSD Up After Incoming Governor Bailey Hints that the BOE is Not Keen on Cutting Rates

GBPUSD rose by over 100 pips in yesterday's trading after a Bank of England (BOE) official hinted that the central…

Mar 05, 2020, 06:22 GMT

GBPUSD At Session Lows After Weaker UK Services PMI

GBPUSD is under selling pressure after disappointment from the UK services PMI. The United Kingdom Services PMI came in at…

Mar 04, 2020, 10:34 GMT

GBPUSD Drops to 5-Month Lows on Negative UK Data and Brexit Concerns

Among the majors yesterday, GBPUSD lost the most. The currency pair dropped from an intraday high of 1.2849 to a…

Mar 03, 2020, 07:05 GMT

GBPUSD Slumps to Daily Lows On Weak Manufacturing PMI

GBPUSD sold aggressively to daily lows after the weaker than expected UK manufacturing PMI. The United Kingdom Manufacturing PMI came…

Mar 02, 2020, 10:09 GMT