GBP/USD Forecast: Pound Sterling Hits Weekly Lows Amid UK Economic Pessimism
Sterling remained bid off the back of disappointing UK PMIs and loose labour market data earlier in the week. GBP...
Read moreSterling remained bid off the back of disappointing UK PMIs and loose labour market data earlier in the week. GBP...
Read moreGBP/USD drifts lower for the third successive day and drops to a multi-week low on Thursday. A combination of factors...
Read moreCar Production in the United Kingdom decreased to 76451 Units in July from 84767 Units in June of 2023. Car...
Read moreGBP/USD faced a trendline rejection and renewed selling pressure making a return to recent lows. Are we in for fresh...
Read moreGBP/USD reached a three-day low of 1.2113, as sellers target 1.2100 for the next support. US economic data paints a...
Read moreAUD/USD peaked near 0.6400 after surprising strong inflation data from Australia, but subsequently reversed its gains and fell towards 0.6300....
Read moreSell the GBP/USD pair and set a take-profit at 1.2100. Add a stop-loss at 1.2225. Timeline: 1-2 days. Bullish view...
Read moreIn the recent trading session, the GBP/USD made an attempt to rally against the US dollar, but gains were short-lived...
Read moreCbi Distributive Trades in the United Kingdom increased to -14 Net Balance in September from -44 Net Balance in August...
Read moreThe Pound Sterling (GBP) delivers a breakdown as expectations of a mild recession in the United Kingdom economy have escalated....
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