GBPUSD

GBPUSD Soars to 3-week Highs on Merkel’s Backstop Comments

German Chancellor Angela Merkel said in a news conference at the Hague that a backstop agreement before deadline day was…

Aug 22, 2019, 14:33 BST

GBPUSD: Slightly Lower Ahead of FOMC Minutes

GBPUSD trades 0.15% lower at 1.2145 after the pair yesterday managed to breach above the 1.21 mark. Yesterday the pair…

Aug 21, 2019, 10:08 BST

No-deal Brexit Looms Over Disagreements in Withdrawal Agreement

The British Pound continues to remain under pressure as the EU member states have indicate their regrets on non-provision of…

Aug 20, 2019, 13:26 BST

GBPUSD: Bears Target 1.2050

GBPUSD trades lower at 1.2082 after the pair breached the 1.21 mark. Yesterday the pair rejected at 1.2172 a level…

Aug 20, 2019, 09:34 BST

GBPUSD Retreats From Daily High, Stops at 50 Hour MA

GBPUSD turned sharply lower at 1.2131 after the pair rejected at 1.2172 the daily high. The pair last week got…

Aug 19, 2019, 09:19 BST

GBPUSD Rebounds Above 1.21 Helped By Better Retail Sales

GBPUSD trades 0.18% higher at 1.2118 after yesterday the UK Retail Sales rose 0.2% m/m in July beating forecasts, suggesting…

Aug 16, 2019, 09:08 BST

GBPUSD Flat Despite Better Jobs Data

GBPUSD trades 0.04% lower at 1.2070 after UK wages excluding bonuses increased by 3.9% y/y compared to 3.8% y/y expected,…

Aug 13, 2019, 10:04 BST

Speculative Shorts on GBP Continue to Rise: CFTC Positioning Report

The latest Commitment of Traders (COT) report from the Commodities and Futures Trading Commission (CFTC) has been released. According to…

Aug 12, 2019, 15:04 BST

Preview of Economic News Releases for the Week

What are the key economic news releases for the week? Monday has no news releases of note, so Tuesday is…

Aug 12, 2019, 13:40 BST

GBPUSD Claws Back Parts of Last Week’s Losses, But Trend Remains Bearish

The British pound (GBPUSD) has clawed back part of last week’s losses and is now nearing the August 1 low…

Aug 12, 2019, 11:30 BST

GBPCHF Witnesses Selloff on Lower than Expected UK GDP Figures

The British Pound sold off against the Swiss Franc on the back of more safe-haven buying, on the back of…

Aug 09, 2019, 12:37 BST

GBPUSD Breaks Below 1.21 and Rebounds After Disappointing GDP Data

GBPUSD gives up over 40 pips, after worse GDP figures, than expected. The UK Gross Domestic Product (YoY) came in…

Aug 09, 2019, 10:01 BST