GBP Could Edge Higher Towards 1.2900 Level, Says UOB Group Analysts The Pound Sterling (GBP) shows signs of gaining momentum and could potentially reach the 1.2900 level in the near
The GBP/USD pair is currently trading at its highest level in three weeks, just below 1.2900. Technical buyers are likely to show interest if the pair clears the 1.2900 level.
The Pound Sterling (GBP) is outperforming its major counterparts, except for Asia-Pacific currencies, in Friday's London session. This surge in the British currency comes after the United Kingdom (UK) Office
The latest data on UK retail sales has shown a significant increase, with a 0.5% month-on-month jump in July, meeting market estimates. In addition, core retail sales rebounded by 0.7%
GBP/USD is on the rise for the second day in a row, hovering around 1.2870 during the Asian trading session on Friday. The boost in risk sentiment, fueled by better-than-expected
On Thursday, GBP/USD experienced a turnaround as positive economic data from both the UK and US boosted market sentiment. The US Retail Sales data exceeded expectations, easing concerns of a
GBP/USD Soars Above 1.2860 After US Retail Sales Beat Expectations Thursday saw GBP/USD making a strong recovery, trading back above 1.2860, thanks to a positive trend in UK economic data
The Pound Sterling (GBP) is outperforming other major currencies today, driven by positive indicators of economic growth. GBP Poised to Reach 1.2900/50 Mark Recent data shows that June GDP remained
Thursday’s UK inflation figures showed a slight decrease, mainly driven by a sharper fall in services inflation. Despite this, investors anticipating a rate cut in September should proceed with caution.
GBP/USD is holding its ground in the positive territory, hovering near the 1.2850 level on Thursday. Despite a minor setback on Wednesday, the pair's technical outlook remains bullish, indicating potential