Yesterday's UK labour market data revealed a surprising drop in the unemployment rate and a decrease in wage pressures, which should benefit the Bank of England. The Pound Sterling (GBP)
The GBP/USD pair is facing resistance near the 1.2850 level as it struggles to build on Tuesday's gains. The softer-than-expected inflation data from the UK is limiting Pound Sterling's upward
As a world-renowned investment manager and financial market expert, I bring you the latest insights on the Pound Sterling (GBP) potential movement. According to UOB Group's FX analysts, Quek Ser
The Pound Sterling faces a sharp sell-off against major peers following a softer-than-expected UK inflation report. The Office for National Statistics reported that the Consumer Price Index for July came
The GBP/USD pair is facing challenges as it ticks lower in the Asian session, moving away from a two-week high. Traders are eagerly anticipating the release of key consumer inflation
The United Kingdom (UK) is set to release the Consumer Price Index (CPI) for July, a crucial economic event that directly impacts the Bank of England's monetary policy and the
GBP/USD saw a strong increase of three-quarters of a percent on Tuesday as the Greenback weakened due to softer US Producer Price Index (PPI) inflation figures. Despite the rise, UK
The Pound Sterling (GBP) saw a brief surge in response to this morning’s UK labour market data, with unemployment unexpectedly falling to 4.2% in June, defying expectations of a rise
GBP/USD saw a surge in the early European session, reaching above 1.2800 for the first time in a week. Positive labor market data from the UK supported the Pound Sterling,
The Pound Sterling (GBP) Expected to Trade Sideways, Potential Move Above 1.2800 The Pound Sterling (GBP) has shown signs of stabilization after a period of weakness, with expectations of trading