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
GBP/JPY remains depressed amid mixed clues, inactive markets. Yields seek fresh clues to consolidate Friday’s rally ahead of US inflation. UK politics, Brexit woes exert downside pressure amid dormant session. …
GBP/JPY stays pressured around 163.00, traces sluggish yields Read More
GBP/USD fades the previous day’s corrective pullback, recently bounces off daily low. Impending concerns over UK economic conditions amid political vacuum, Brexit-led red tape weighs on cable. US dollar struggles …
GBP/USD struggles to retake 1.2100 as UK politics, Brexit woes battle sluggish USD Read More