GBP/JPY Faces Fresh Selling Pressure as Safe-Haven JPY Gains Strength The GBP/JPY pair experienced a pullback from its weekly peak, with spot prices trading above the mid-185.00s during the European
The GBP/USD pair is hovering near a one-month low but has seen some support from dip-buyers below the 100-day SMA. However, the pair is facing challenges in building on this
The EUR/GBP cross experienced some selling pressure on Wednesday, pulling back from a three-month peak reached earlier this week. Despite this, spot prices have managed to recover slightly from the
GBP/USD is on the rise as the Fed is expected to make a 50-basis point rate cut in September, with CME FedWatch tool showing a 67.5% probability. This comes after
The GBP/JPY pair experienced a significant surge during the Asian trading session following dovish comments from a Bank of Japan (BoJ) official. Intraday highs reached around the 187.25 level, with
On Tuesday, GBP/USD backslid nearly a full percent as the Pound Sterling continues to weaken against the broader FX market. The US Dollar, on the other hand, found some relief
EUR/GBP continues to challenge the 0.8600 level as markets pull back from the Pound Sterling. The race to the bottom intensifies as both currencies underperform following disappointing EU Retail Sales
The Pound Sterling (GBP) has fallen to near 1.2700 against the US Dollar (USD), signaling weak demand for risk-sensitive currencies. Investors are concerned about a possible recession in the US
The GBP/JPY pair experienced a significant drop of over 2% on Monday, extending its losing streak for the fifth consecutive day. This decline was driven by a shift in market
The Pound Sterling (GBP) falls to 1.2770 against the US Dollar (USD) as risk aversion intensifies due to escalating Middle East tensions. Speculation of a 50 basis points (bps) rate