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January 29, 2023

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Tag: BOE

EUR/GBP oscillates above 0.8520 ahead of UK Retail Sales
Forex News / Stock News

EUR/GBP spikes to two-and-half-week high, 0.8500 mark back in sight

August 12, 2022September 1, 2022 - by admin - Leave a Comment

EUR/GBP gains traction for the second straight day and climbs to over a two-week high on Friday. The BoE’s bleak outlook offsets mostly better-than-expected UK data and undermines the GBP. …

EUR/GBP spikes to two-and-half-week high, 0.8500 mark back in sight Read More
GBP/USD to collapse below 1.1860 as anxiety soars ahead of US Inflation
Forex News / Stock News

GBP/USD edges lower to 1.2170 area amid a modest pickup in the USD demand

August 12, 2022September 1, 2022 - by admin - Leave a Comment

GBP/USD meets with a fresh supply on Friday and retreats further from the post-US CPI swing high. The BoE’s bleak outlook undermines the GBP and acts as a headwind amid …

GBP/USD edges lower to 1.2170 area amid a modest pickup in the USD demand Read More
GBP/JPY sellers poke 163.00 on UK’s political jitters, downbeat yields ahead of BOE’s Bailey
Forex News / Stock News

GBP/JPY sticks to gains near daily high, holds comfortably above mid-162.00s

August 12, 2022September 1, 2022 - by admin - Leave a Comment

GBP/JPY gains some positive traction on Friday and recovers further from the weekly low. Mostly better-than-expected UK macro data benefits the British pound and offers support. The offered tone surrounding …

GBP/JPY sticks to gains near daily high, holds comfortably above mid-162.00s Read More
Pound Sterling Price News and Forecast: GBP/USD remains depressed near mid-1.1800s
Forex News / Stock News

GBP/USD seesaws 30-pip around 1.2200 on better-than-expected Q2 UK GDP

August 12, 2022September 1, 2022 - by admin - Leave a Comment

GBP/USD initially spiked up before retreating on the UK data-dump. UK Q2 GDP contracted 0.1%, monthly statistics remained fairly mixed for June. US dollar weakness initially helped cable bulls but …

GBP/USD seesaws 30-pip around 1.2200 on better-than-expected Q2 UK GDP Read More
Pound Sterling Price News and Forecast: GBP/USD bears are moving in to test around 1.1950 with eyes lower
Forex News / Stock News

When is the UK Q2 GDP and how could it affect GBP/USD?

August 12, 2022September 1, 2022 - by admin - Leave a Comment

The British economic calendar is all set to entertain the cable traders in early Friday, at 06:00 GMT, with the preliminary GDP figures for Q2 2022. Also increasing the importance …

When is the UK Q2 GDP and how could it affect GBP/USD? Read More
Pound Sterling Price News and Forecast: GBP/USD fades bounce off two-year low below 1.1900
Forex News / Stock News

GBP/USD slides below 1.2900 with eyes on UK GDP, US Michigan Consumer Sentiment Index

August 12, 2022September 1, 2022 - by admin - Leave a Comment

GBP/USD extends the previous day’s losses towards refreshing daily low, mildly offered of late. Hawkish Fedspeak contradicts recently softer US inflation data and helps US dollar to lick its wounds …

GBP/USD slides below 1.2900 with eyes on UK GDP, US Michigan Consumer Sentiment Index Read More
Pound Sterling Price News and Forecast: GBP/USD extends weakness, pandemic low comes in focus [Video]
Forex News / Stock News

GBP/USD struggles around 1.2200 ahead of UK GDP data

August 11, 2022September 1, 2022 - by admin - Leave a Comment

GBP/USD is facing barricades around 1.2200 as investors await UK GDP data. A vulnerable UK GDP will accelerate troubles for the BOE. Higher Initial Jobless Claims have supported the DXY …

GBP/USD struggles around 1.2200 ahead of UK GDP data Read More
GBP/JPY sees downside below 163.00 as market mood sours
Forex News

GBP/JPY oscillates above 163.00 as focus shifts to UK GDP data

August 9, 2022September 1, 2022 - by admin - Leave a Comment

GBP/USD is juggling in a 28-pip range as investors await UK GDP data. The BOE is worried over soaring consensus for price pressures. Japan’s administration is eyeing measures to paddle …

GBP/JPY oscillates above 163.00 as focus shifts to UK GDP data Read More
GBP/USD retreats to 1.2000 post-UK CPI, downside seems cushioned amid softer USD
Forex News

Pound Sterling Price News and Forecast: GBP/USD climbs back above 1.2100 mark

August 9, 2022September 1, 2022 - by admin - 1 Comment

GBP/USD Forecast: Pound remains fragile despite latest recovery attempt GBP/USD has gathered recovery momentum and climbed above 1.2100 during the European trading hours on Tuesday. The pair closes in on …

Pound Sterling Price News and Forecast: GBP/USD climbs back above 1.2100 mark Read More
GBP/USD is under pressure in Tokyo and homes in on key pivot breakout
Forex News

GBP/USD climbs back above 1.2100 mark, refreshes daily high amid weaker USD

August 9, 2022September 1, 2022 - by admin - 1 Comment

GBP/USD regains traction on Tuesday amid some USD selling for the second straight day. A generally positive risk tone seems to be a key factor weighing on the safe-haven greenback. …

GBP/USD climbs back above 1.2100 mark, refreshes daily high amid weaker USD Read More

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