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GBPUSD - US Dollar Price Forecast: UK Inflation Misses Forecast, Impacting Gold, GBP/USD, and EUR/USD Outlook

16-10-2024 02:06

UK inflation data misses estimates, strengthening the US Dollar. Read how this impacts Gold, GBP/USD, and EUR/USD trading strategies.

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FTSE 100 higher today; CPI data satisfactory; GBP falls

U.K. equities started mixed on Wednesday. The top gainers were Tobacco, Mining and Household Goods sectors; while the top losing sectors were Personal Goods, Beverages and Support Services. At the ...

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EUR/USD, EUR/GBP continue to slide while GBP/USD holds

EUR/USD, EUR/GBP continue to slide ahead of ECB President Christine Lagarde, speech while GBP/USD holds. EUR/USD has come close to the 200-day simple moving average (SMA) at $1.0873 which remains in ...

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FxWirePro: GBP/USD trims losses but outlook still bearish

GBP/USD moved the higher on Tuesday as investors digested UK employment and wages data and positioned ahead of a pivotal UK inflation report. A report on British inflation is set to be released on ...

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GBP/USD Price Forecast: Rises toward 1.3100 post strong UK jobs report

GBP/USD climbs 0.18% after strong UK jobs report shows over 373,000 jobs added, beating forecasts. Despite upward momentum, the pair remains within the 1.3000-1.3100 range, testing key resistance ...

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