By Gina Lee Investing.com – The dollar was down on Friday morning in Asia but remained near three-week highs. Strong economic data from the U.S. rekindled expectations that the U.S. Federal...
GBPUSD Price Analysis – September 16 The breaking up of the $1.38 level may increase the price to $1.39 which may extend to $1.40 resistance levels. The breakdown of the $1.37 support level...
GBP/USD is fast approaching H4 prime support at $1.3689-1.3724. This may interest those interested in seeing price take out stops beneath lows around $1.3730.
The GBP/USD broke below 1.3800 and tumbled to 1.3763, reaching the lowest level since September 9. It remains near the lows, under pressure, amid a ra
The British pound has initially tried to rally during the trading session on Thursday but gave back gains as retail sales in America skyrocketed.
The GBP/USD pair maintained its offered tone through the early North American session and was last seen hovering near daily lows, just above the 1.380
By Peter Nurse Investing.com - The dollar drifted higher Thursday, with traders keeping their powder dry ahead of next week’s Federal Reserve meeting, looking for indications on when the...
Solid hard data endorsed strong surveys and if affirmed by BoE’s Agents Report and tilt MPC to taper and lift rates in 2022. GBP/USD could well push a
By Gina Lee Investing.com – The dollar was down on Thursday morning in Asia, moving towards the middle of a range that it has stuck to for the past month. Investors now look to the U.S....
GBP/USD struggles to keep the rebound from a weekly low of around 1.3850 during Thursday’s Asian session. The cable pair posted the heaviest upside in
The GBP/USD printed a fresh daily high during the American session at 1.3853 and then pulled back toward 1.3820. It is hovering around 1.3840, in posi
The British pound has gone back and forth during the course of the trading session on Wednesday, as we continue to hang around the 50 day EMA.
The GBP/USD pair maintained its bid tone through the mid-European session, albeit has retreated few pips from daily tops and was last seen trading aro
By Peter Nurse Investing.com - The dollar drifted in tight trading ranges Wednesday, with the recent release of soft U.S. inflation data raising uncertainty over whether the Federal Reserve...
By Gina Lee Investing.com – The dollar was up on Wednesday morning in Asia. The U.S. currency remained within recent ranges as the latest U.S. inflation data raised doubts that the Federal...
The quadruple top has crumbled – yet only temporarily. GBP/USD's move above the stubborn 1.3895 level has proved temporary and so has dollar weakness
GBP/USD managed to get back above the 50 EMA and is testing the resistance at 1.3835.
The GBP/USD pair refreshed daily tops, around the 1.3820-25 region following the release of the latest UK CPI report, though lacked any follow-through
The economic calendar pointed to an annual increase of 2.9% in headline CPI in August after 2% in July. Core CPI was also projected to result in a si
In opinion of FX Strategists at UOB Group, Cable now faces further consolidation within the 1.3730-1.3885 range in the next weeks. Key Quotes 24-hour
A close below $1.38 on the H1 timeframe highlights a bearish scenario on GBP/USD, targeting H1 Quasimodo support coming in at $1.3751.
GBP/USD bears take a breather around 1.3800 to kick-start Wednesday’s Asian session following a volatile day that refreshed monthly high, before marki
Or long term consolidation? It’s been an interesting day for cable, one that saw the dollar retreat before the pair quickly reversed course which raises many questions. The reversal came at...
The GBP/USD was unable to hold above key technical levels and pulled back amid a recovery of the US dollar. Cable peaked after the beginning of the Am
The USD weakened across the board in reaction to the softer US CPI report and pushed the GBP/USD pair back above the 1.3900 mark for the first time si
By Peter Nurse Investing.com -- The dollar edged lower Tuesday, with traders waiting for the release of the latest U.S. inflation numbers for guidance on the timing of the start of the...
The GBP/USD pair rallied over 50 pips from the early European session lows and shot to fresh daily tops, around 1.3880 region in the last hour. After
The GBP/USD pair is bid near-term following its bounce off the 1.3734/26 pivot. Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank
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