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The Bank of England's hawkish stance has driven GBP/USD above 1.33. Traders should watch upcoming GDP figures for their potential impact on BOE decisions. As bulls target 1.41, the momentum could ...
US Dollar nears $101 as key support level is tested. Analysis of GBP/USD and EUR/USD reveals potential market shifts ahead of U.S. economic data.
The Pound Sterling soars to new 2024 record high of 1.3355 versus the Greenback on Monday, rising over 0.20% as S&P Global Flash PMIs in the UK and the US show that both economies are slowing.
“The Pound Sterling (GBP) has reversed most of the losses seen through the European session relatively easily. The broader pattern and tone of the charts remain GBP-bullish, amid steady GBP gains and ...
Goldman Sachs Group Inc. is betting the pound will be one of the biggest beneficiaries of prolonged weakness in the dollar after the Federal Reserve slashed interest rates.