GBP/USD Outlook: UK PMI Highlights Rising Price Pressures
Business activity in the UK stalled in December. Prices charged by UK companies accelerated at the fastest rate in nine months. Traders are almost fully...
Tag : GBPUSD
GBP/USD Signal Today – 16/12: Bullish H&S Setup (Chart)
Created on December 16, 2024 My previous GBP/USD signal on 3rd December was not triggered, as none of the key levels which I had identified...
GBP/USD Weekly Outlook – Action Forex
GBP/USD’s decline last week suggests that corrective recovery from 1.2486 might have completed at 1.2810 already. Break of 1.2615 should affirm this case, and bring...
GBP/USD Weekly Forecast: Dollar Soars on Fading Fed’s Cut
US inflation data showed an increase in price pressures in November. Market participants scaled back expectations for Fed rate cuts in 2025. Traders expect policy...
GBP/USD Price Analysis: Sellers Dominate as UK GDP Shrinks
The UK economy contracted by 0.1% in October. US wholesale inflation increased by 0.4%, above estimates of 0.2%. The dollar is getting support from the...
GBP/USD Price Analysis: Sterling Holds Steady Ahead of US CPI
Markets are awaiting the crucial US consumer inflation report due on Wednesday. The US NFP report pushed up bets for a December Fed rate cut....
GBP/USD Daily Outlook – Action Forex
Daily Pivots: (S1) 1.2704; (P) 1.2758; (R1) 1.2793; More… Intraday bias in GBP/USD is turned neutral again with current retreat. Rebound from 1.2486 short term...
GBP/USD Mid-Day Outlook – Action Forex
Daily Pivots: (S1) 1.2712; (P) 1.2742; (R1) 1.2790; More… GBP/USD’s rebound from 1.2486 continues today and intraday bias stays on the upside for 55 D...