GBP/USD Retreats as the Fed and BoE Hog the Limelight
GBP/USD Price, Charts and Analysis: Recommended by Zain Vawda Get Your Free GBP Forecast Most Read: US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/JPY GBP/USD FUNDAMENTAL BACKDROP Cable continued its decline in the early hours of the Asian session to drop below the 1.2350 level. GBP/USD had a modest bounce to trade just above […]
GBPUSD dips back below the 100/200 hour MAs
GBPUSD falls below the 100/200 hour moving averages The GBPUSD GBP/USD The GBP/USD is the currency pair encompassing the United Kingdom’s currency, the British pound sterling (symbol £, code GBP), and the dollar of the United States of America (symbol $, code USD). The pair’s rate indicates how many US dollars are needed in order […]
GBPUSD Stuck As Both Fed, BoE Interest Rate Calls Loom
GBP/USD Prices, Charts, and Analysis The Bank of England is expected to add another 50 basis points to borrowing costs this week The US Federal Reserve may only add 25 But the Forex market will likely make sure before any big moves are made GBP/USD traders can look forward to interest rate decisions from both […]
GBP/USD – Technicals fail to provide a directional clue
GBP/USD outlook: Bulls face strong headwinds but remain in play, US inflation data in focus Cable edges lower in early Friday’s trading as bulls continue to face headwinds and repeatedly failing to sustain gains above 1.24 mark, keeping the price action in sideways mode for one week. Strong barrier at 1.2446 (base of falling weekly […]
GBP/USD retreats after facing a wall of resistance in 1.2400, slips to 1.2370s
GBP/USD is set to finish Friday with losses of at least 0.20%. United States inflation continues to wane but remains twice elevated of Fed’s target. GBP/USD Price Analysis: To remain sideways ahead of the Fed and BoE monetary policy decisions. GBP/USD snaps two days of gains and tumbled below Thursday’s close of 1.2406, slumping toward […]
GBP/USD retreats after facing a wall of resistance in 1.2400
GBP/USD snaps two days of gains and tumbled below Thursday’s close of 1.2406, slumping toward 1.2370, amidst a choppy trading session. Inflation data revealed in the United States (US) augmented the likelihood of small-size rate hikes by the US Federal Reserve. Therefore, the GBP/USD is trading at 1.2372, below its opening price by 0.27%. Read More… […]
GBPUSD: Elliott wave analysis and forecast for 27.01.23 – 03.02.23
2023.01.27 2023.01.27 GBPUSD: Elliott wave analysis and forecast for 27.01.23 – 03.02.23 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider long positions from corrections above the level of 1.1847 with a target of 1.2674 – 1.3000. Alternative scenario: breakout and consolidation below the level of 1.1847 will allow the pair to continue declining to the levels of 1.1498 […]
GBP/USD Testing Stubborn Resistance Again
GBP/USD – Prices, Charts, and Analysis GBP/USD remains near multi-month high levels. US Q4 GDP is the first of two big US economic releases this week. Retail trade data underpins a bullish-contrarian bias. Recommended by Nick Cawley Forex for Beginners The British Pound is relatively unchanged over the week so far with little in the […]
GBPUSD H1 +2.67% – Expert Advisor Free
GBPUSD H1 +2.67% – Expert Advisor Free Source link
Brexit, UK tax concerns probe bulls above 1.2350, PMIs eyed
GBP/USD clings to mild gains after reversing from 7.5-month high the previous day. UKICE reports no likely change to Brexit terms despite UK’s latest hardships. Concerns surrounding UK’s tax cuts in upcoming budget, tax probe on Conservative leader also probe Cable buyers. Preliminary readings of UK/US PMIs for January, BOE’s Pham eyed for fresh impulse. […]