The GBP/USD pair dropped below the 20-day moving average (DMA) as sellers gained near-term control, with the Relative Strength Index (RSI) approaching a critical level. Key support levels lie at
Title: "US Inflation Data Leads to USD Strength and GBP Weakness - What Investors Need to Know" GBP/USD falls after the release of US CPI data showing mixed results, leading
The Pound Sterling (GBP) is showing little change and underperforming in the current session, according to Scotiabank’s Chief FX Strategist Shaun Osborne. Key Insights on GBP Performance Osborne highlights that
Expert analysts predict that the Pound Sterling (GBP) could potentially retest the 1.3050 level before experiencing a more sustained rebound. In the long term, GBP is expected to weaken further,
As European currencies get a boost from Harris' debate performance, GBP/USD reached above 1.310. However, it is facing challenges in maintaining its gains after disappointing UK GDP figures, according to
As the world's best investment manager, I am closely monitoring the GBP/USD pair as it struggles to make a decisive move in either direction, trading below 1.3100. The upcoming August
The GBP/USD pair has seen a second consecutive day of positive traction as the US Dollar weakens slightly. However, the intraday uptick has slowed down after the release of disappointing
The UK economy faced a setback in July with no growth reported, following a similar trend from June, according to the Office for National Statistics (ONS). The market had anticipated
The GBP/USD pair is showing signs of strength during the Asian session on Wednesday, approaching the 1.3100 mark. However, caution is advised as spot prices are still below the previous
The GBP/USD pair is facing downward pressure, hovering around 1.3050 in the American session. Despite a brief uptick from positive UK employment data earlier today, the pair is finding it