GBPUSD

GBPUSD Eyes Support at the Bottom of Descending Channel on Brexit Concerns and Syrian Attacks

GBPUSD is still under selling pressure today as no-deal Brexit fears and risk aversion continued to linger in the markets.…

Feb 28, 2020, 06:16 GMT

GBPUSD Under Pressure On UK Budget Concerns, Brexit Trade Talks

The GBPUSD is trading lower on the day as the British Pound finds itself under pressure from multiple fronts. First,…

Feb 27, 2020, 13:14 GMT

GBPUSD Soars on Disappointing US Consumer Confidence. Can It Extend Its Gains?

GBPUSD was the best-performing major currency pair in yesterday’s trading as data on US consumer confidence missed forecasts. It closed…

Feb 26, 2020, 03:56 GMT

GBPUSD Breaks Above the 100-day Moving Average

GBPUSD moves to daily highs as the positive move accelerates after the pair breached above the 100-day moving average. Yesterday…

Feb 25, 2020, 09:43 GMT

GBPUSD Breaks Below 1.29 USD Safe Haven Status On The Bid

GBPUSD trades close to daily lows amid USD strength across the board. Coronavirus concerns shift investors attention to the safe-haven…

Feb 24, 2020, 10:13 GMT

GBPUSD At Daily Highs After Upbeat Manufacturing PMI

GBPUSD trades close to daily highs supported by stronger UK PMI  data. Manufacturing production rose in February at 51.9 beating…

Feb 21, 2020, 12:29 GMT

UK Retail Sales Beat Forecasts GBPUSD Pair Losses

GBPUSD jumped over 25 pips after the release of better retail sales from th UK. The United Kingdom Retail Sales…

Feb 20, 2020, 10:29 GMT

GBPUSD Spikes 40 Pips After UK Records Upbeat CPI Data

The GBPUSD is slightly up and is trading around the 1.3016 mark (as at the time of writing) after upbeat…

Feb 19, 2020, 09:52 GMT

GBPUSD Higher After Positive UK Employment Data

GBPUSD is adding 0.17% at 1.3025 after better than expected UK employment data. UK Claimant Count Rate dropped to 3.4%…

Feb 18, 2020, 15:33 GMT

GBPUSD Retreat – Five Day Rally Stalled at 1.3070

GBPUSD gives up 0.20% at 1.3012 as the pair retreat from ten-day highs after failing to break above the 100-day…

Feb 17, 2020, 13:39 GMT

GBPUSD Rallies Over 120 Pips Despite Sajid Javid’s Resignation

GBPUSD traded higher in yesterday’s trading amid news that Chancellor of the Exchequer Sajid David’s resignation. The currency pair rallied…

Feb 14, 2020, 05:58 GMT

GBPUSD Rallies on Higher UK House Prices. Can It Hold On Despite Coronavirus Fears?

Unlike its higher-yielding counterparts, the pound closed yesterday’s trading in the green despite risk aversion. GBPUSD traded to an intraday…

Feb 13, 2020, 09:30 GMT