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GBPUSD - EUR/USD, GBP/USD, DXY Price Forecast: DXY Steady at $102.57, Retail Sales Key
The Dollar Index (DXY) remains steady at $102.57 as traders await U.S. Retail Sales data, which could drive the next market move.
GBP/USD Bearish Channel Remains Intact – What to Watch Next
This morning’s data underscores that point. Both the UK (2.2% y/y) and US (2.9% y/y) CPI reports came in a tick below expectations, but the evidence of additional disinflation toward the BOE and Fed’s ...
Pound Sterling Price News and Forecast: GBP/USD backslid after UK and US CPI inflation fell below expectations
The GBP/USD pair ticks lower during the Asian session on Wednesday and moves away from over a two-week high, around the 1.2870-1.2875 region touched the previous day. The downside, however, remains ...
EURGBP resuming uptrend with potential to 1.3140. GBPUSD rebounding, will it also resume uptrend?
EURGBP has bounced from the 0.382 retracement and support at around 0.8530, thus resuming its uptrend. EURGBP is likely to re-test the strong resistance around 0.8620–0.8625. A break of this ...
Pound US Dollar (GBP/USD) Climbs As UK Unemployment Falls
The Pound US Dollar (GBP/USD) exchange rate rose on Tuesday following sideways movement overnight, as UK unemployment printed below expectations for the month of June. Meanwhile, the US Dollar (USD) ...