GBP/USD soared to a fresh 29-month peak as the US Dollar lost ground, fueled by hopes of a Fed rate cut. With little UK economic data this week, all eyes
The Pound Sterling made significant gains, reaching close to 1.3250 before pulling back, as observed by Scotiabank’s Chief FX Strategist Shaun Osborne Potential Support Test for Cable at 1.3200/05 Osborne
The GBP/USD uptrend remains strong above the key level of 1.3043, with potential for further gains if buyers reclaim 1.3298. The recent surge in the Pound Sterling to multi-year highs
Keir Starmer's Economic Warning: Brace for Impact as UK Budget Looms In a recent address at the Rose Garden, Prime Minister Keir Starmer cautioned that the economic outlook is bleak,
As the world's top investment manager, I am closely watching the aftermath of Bank of England Governor Andrew Bailey's recent speech. According to ING’s FX strategist Chris Turner, UK money
Latest Update on FX Market Positioning: USD Long Positions Decrease, EUR Surges, GBP Jumps Higher, and JPY Increases The latest analysis from Rabobank's FX strategists Jane Foley and Molly Schwartz
The GBP/USD pair is trading above 1.3200 on Tuesday, maintaining a positive stance fueled by an optimistic shift in risk sentiment. Despite overbought conditions in the technical outlook, the pair
The Pound Sterling (GBP) remains steady around the 1.3200 level against the US Dollar (USD) as investors await the release of US core PCE inflation data for July. The market
The GBP/USD pair is on the rise as market optimism improves with tensions in the Middle East easing. The recent exchange of fire between Israel and Hezbollah did not escalate
In the world of forex trading, GBP/USD has taken a step back after a remarkable seven-day winning streak. The UK market flows were affected by an extended weekend, leading to