The GBP/USD price analysis indicates a weaker UK labor market, increasing expectations for Bank of England rate cuts.
Scope for GBP to drop to 1.2835; given the oversold conditions, the major support at 1.2800 is unlikely to come under threat. In the longer run, slight buildup in momentum indicates GBP is likely to ...
The GBP/USD weekly forecast points south amid a drop in BoE rate cut expectations and a stronger dollar after Trump’s win.
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Inflation data from the UK sparked speculation of more rate cuts by the BoE. This has put GBP/USD bears on alert. With the ...
The GBP/USD exchange rate plunged to its lowest point in weeks, while UK bond yields soared as traders reacted to Rachel ...
The GBP/USD exchange rate retreated for six consecutive weeks, reaching its lowest level since August 12. It has retreated by almost 4% from its highest level this year as traders focus on the US ...
The Pound US Dollar (GBP/USD) exchange rate stumbled at the start of this week’s session amid the expectation that the ...
GBP/USD ebounded stronglyon Thursday as sterling attracted buyers after Bank of England cut rates by 25bps . Monetary Policy ...
Sterling’s depreciation after the U.K. employment data should remain limited as the Bank of England is likely to stick to gradual interest rate cuts, Monex Europe said.
At the start of trading this week, the GBP/USD exchange rate rose to 1.2998 before settling around 1.2950 at the time of ...
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