GBP
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GBP/USD Holds gains above 1.2600 support near nine-day EMA
The GBP/USD pair remains in an ascending channel pattern. The pair may face immediate resistance at the two-month high of…
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GBP gains as BoE seems to follow slower monetary easing cycle
The Pound Sterling moves higher as traders expect the BoE to cut interest rates two times more this year. US S&P Global…
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GBP/USD slips after hitting record high past 100-day SMA
UK Retail Sales beat expectations, rising 1.7% MoM in January. US S&P Global Services PMI drops into contraction, dragging Composite…
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UK Retail Sales Higher Than Expected. GBP Gains After Data
07:00 AM GMT, United Kingdom – Retail Sales Data for January: Retail Sales (MoM) (Jan): Actual: 1.0% vs +0.4% expected vs -0.3% prior Retail Sales…
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GBP weakens as BoE expects an uptick in inflation to be temporary
The Pound Sterling declines in the aftermath of the hotter-than-expected UK inflation report for January. BoE’s Bailey expects the uptick in…
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GBP/JPY holds losses near 191.50 following UK inflation data
GBP/JPY remains subdued following the release of UK inflation data on Wednesday. UK Consumer Price Index rose 3.0% YoY in…
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EUR/GBP remains capped below 0.8300 after hotter UK CPI data
EUR/GBP softens to around 0.8285 in Wednesday’s early European session. UK CPI inflation rose to 3.0% YoY in January vs.…
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EUR/GBP weakens below 0.8300 after mixed UK employment data
EUR/GBP softens to around 0.8295 in Tuesday’s early European session. UK Unemployment Rate held steady at 4.4% in three months…
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Trade of The Day GBP/JPY
Facts:Short term sentiment remains downwardGBPJPY reacted to the upper limit of 1:1 structureThe price sits below 100-period moving average Recommendation: Trade:…
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GBP/USD drops to near 1.2600 ahead of UK labor market data
GBP/USD declines ahead of UK labor data set to be released on Tuesday. UK PM Starmer said that any peace…
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