GBPUSD breaks higher. The next key target area between 1.2596 and 1.26147
The GBPUSD has continued the move higher after trading to the lowest level since May 10. The low price reached 1.24865 after breaking below the...
Tag : GBPUSD
GBP/USD Outlook: Pound Slides as Rate Cut Bets Grow
Three BoE policymakers were ready to lower borrowing costs. Data revealed that UK retail sales missed forecasts, increasing by 0.2%. The US economy expanded by...
GBPUSD Technical Analysis – Will the November low hold?
Fundamental Overview The USD got a boost from the FOMC decision as the market perceived it as more hawkish than expected. Overall, apart from some...
GBP/USD Signal Today – 19/12: Sterling Faces Risk (Chart)
Created on December 19, 2024 Bearish View Sell the GBP/USD pair and set a take-profit at 1.2490. Add a stop-loss at 1.2800. Timeline: 1-2 days....
GBPUSD falls to new session lows
The GBPUSD is moving to new lows and in the process is chipping away at the November lows. The next downside targets will look toward...
GBP/USD Analysis Today 19/12: Under Pressure (Chart)
Created on December 19, 2024 We have often mentioned that this trading week would be important and exciting. As expected, the US dollar has risen...
The technicals for the 3-major currency pairs – EURUSD, USDJPY and GBPUSD
In the video above, I go through the technicals that are guiding the 3-major currency pairs today – the EURUSD, USDJPY and GBPUSD – after...
GBP/USD Forecast: Dollar Surges Amid Hawkish FOMC
The greenback jumped after the Fed forecasted fewer rate cuts in 2025. Forecasts revealed that the Fed might only lower rates by 50 bps. Inflation...
GBP/USD Forecast Today – 18/12: Pound Rallies (Chart)
Created on December 18, 2024 During my daily analysis of major currency pairs, the GBP/USD pair has captured my attention, because the British pound has...
GBPUSD may decline amid criticism of government from Rachel…
The GBPUSD pair declines further ahead of a speech by the new UK Chancellor of the Exchequer. Speculations about potential tax increases might push the...