GBPUSD

GBPUSD Extends Losses Despite Positive UK CPI, Ahead of BOE Rate Decision

GBPUSD steadily traded lower in yesterday’s trading after opening at 1.3129. The CPI data out of the UK failed to…

Dec 19, 2019, 07:00 GMT

Preview of Bank of England Interest Rate Decision and MPC Vote

Tomorrow at 1pm GMT, the Bank of England Interest Rate decision will be made public, as well the voting pattern…

Dec 18, 2019, 16:02 GMT

GBPUSD Weighed Down by the Prospect of a No-Deal Brexit

GBPUSD steadily traded lower after it opened at 1.3327 yesterday. Market participants have grown worrisome of Prime Minister Johnson’s Brexit…

Dec 18, 2019, 05:00 GMT

GBPUSD Trades Lower As New Brexit Concerns Emerge

The GBPUSD is trading lower this Tuesday after it emerged that the new Conservative government may not pursue a Brexit…

Dec 17, 2019, 14:29 GMT

GBPUSD Trades Lower as Brexit Concerns Grow

The British pound traded lower yesterday as market participants worried about Brexit. GBPUSD peaked during the Asian session to an…

Dec 17, 2019, 05:00 GMT

GBPUSD Trades at 19-month Highs on UK General Elections. What’s Next?

Price action on GBPUSD last Friday was a classic “buy the rumors, sell the news” move. The currency pair initially…

Dec 16, 2019, 05:00 GMT

Week Ahead: PMIs, Central Bank Releases, CPI, Employment, Retail Sales, and GDP Reports

European and US PMIs to Provide Insight on Economic Health Purchasing Manager’s Indices (PMIs) are surveys to business executives who…

Dec 14, 2019, 12:00 GMT

GBPUSD Hits Yearly Highs after Exit Polls and Retreats Around 1.34

GBPUSD started the Asian trading session hitting fresh yearly highs at 1.3511. As we progressed in the day  the pair…

Dec 13, 2019, 12:40 GMT

GBPUSD Surges as Conservative Party Closes In On UK Election Majority

The British Pound is surging in the Asian session on Friday as the Conservative Party looks set to storm to…

Dec 13, 2019, 04:58 GMT

GBPUSD Surges on Initial Results of the United Kingdom General Election 2019

The British pound is trading at its highest level in 18 months against the US dollar. As of this writing,…

Dec 13, 2019, 04:00 GMT

GBPUSD Rally Continuous As U.S Dollar Weakens

On Wednesday, FED chairperson Jerome Powell delivered a dovish statement. Based on his statement, it’s very obvious FED has no…

Dec 12, 2019, 07:56 GMT

GBPUSD Seesaws Ahead of Fed and UK Election

GBPUSD pares earlier losses and hits the unchanged level for the day at 1.3149 after the recent polls suggest a…

Dec 11, 2019, 13:20 GMT