GBP/USD Struggles to Break Above 1.2700 as Markets Brace for Potential Fed Rate Cuts GBP/USD made an attempt to rally above the key level of 1.2700 on Wednesday but ultimately
The Pound Sterling has seen a resurgence, breaking above the key level of 1.2700 as risk appetite in the market improves. This positive movement comes after a Bank of Japan
The Pound Sterling (GBP) is currently on the rise, with GBP bulls driving the currency towards the key resistance level of 1.2775. According to Scotiabank’s chief FX strategist Shaun Osborne,
GBP/USD fluctuates in a tight channel around 1.2700, indicating a bearish bias in the near-term technical outlook. The US economic calendar lacks high-tier data releases on Wednesday, allowing the pair
Expert Analysis: Pound Sterling (GBP) Continues to Face Downward Pressure, Potential Drop to 1.2645 As the world's leading investment manager, I bring you the latest insights on the GBP's performance
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
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
As the world's top investment manager, I bring you the latest update on the GBP/USD pair. The Pound Sterling faced a tough day against the Greenback, hitting a new low
According to Scotiabank’s FX strategist Shaun Osborne, UK Construction PMI data surged to 55.3 in July, up from 52.2 in June. This marks the strongest result in over two years.
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