GBPUSD

GBPUSD Forms Bullish Pennant Following the BOE Rate Statement

Yesterday, the pound was the biggest winner among the major currencies against the US dollar. GBPUSD was up 0.59% or…

Jan 31, 2020, 08:00 GMT

GBPUSD on Bid As US GDP Data Meets Consensus Targets

The US GDP (advance) came in at 2.1%, allowing the GBPUSD to extend gains made following the hawkish vote pattern…

Jan 30, 2020, 14:13 GMT

GBPUSD Surges as the BOE Keep Rates Steady on Mark Carney’s Last Rate Decision

Today’s Bank of England (BOE) Monetary Policy Rate decision was arguably one of the most suspenseful interest rate decisions in…

Jan 30, 2020, 12:52 GMT

GBPUSD Seesaws Around 1.30 Ahead of The Bank Of England decision

GBPUSD is 0.16% lower at 1.2996 ahead of the Bank of England monetary policy decision. The pair is trading in…

Jan 30, 2020, 08:27 GMT

GBPUSD Under Selling Pressure But Here’s Why It Could Soon Bounce

GBPUSD is off to a bearish start in today’s trading. Among the majors, it is the weakest at -0.27% we…

Jan 28, 2020, 09:00 GMT

GBPUSD Falls Despite Positive UK PMI Reports on Profit-Taking Ahead of BOE Rate Decision

GBPUSD was the biggest loser among the majors on Friday. The currency pair retreated from its two-week highs at 1.3173…

Jan 27, 2020, 06:59 GMT

Week Ahead: FOMC and BOE Rate Statements, GDP, and CPI Reports to Dominate FX

Euro zone: German Ifo, French and Spanish GDPs, euro zone CPI The German Ifo Business Climate report for January is…

Jan 25, 2020, 12:00 GMT

GBPUSD Forms Bullish Flag Ahead of UK PMI Reports

Just like the other non-safe haven currencies, the pound lost ground to the dollar in yesterday’s trading. GBPUSD dropped from…

Jan 24, 2020, 07:00 GMT

Double Top on GBPUSD Suggests That Its Rally is Running Out of Steam

Despite the lack of economic data from the UK, GBPUSD still managed to close higher in yesterday’s trading. The currency…

Jan 23, 2020, 08:00 GMT
  • Forex

BoE: Bank of England to Cut Rates in January Meeting? GBPUSD, EURGBP

With eight days to the January 30 Bank of England rate meeting, the rate markets are anticipating the central bank…

Jan 22, 2020, 15:58 GMT

GBPUSD Breaks to the Upside, Forms Double Bottom on Positive UK Labor Data

GBPUSD finished yesterday’s trading higher despite risk aversion looming thanks to positive labor data from the UK. The currency pair…

Jan 22, 2020, 08:00 GMT

UK Labor Data Fuels Rally on GBPUSD to the Top of the Symmetrical Triangle. Can It Breakout?

The pound surged in today’s European trading as the employment data from the UK topped forecasts. GBPUSD is up close…

Jan 21, 2020, 09:58 GMT