Challenges Loom for the British Pound
In summary, the British pound is encountering a challenging period marked by economic uncertainties. The GBP/USD started the week with a gap […]
British Jobs and Wage Figures
At the beginning of trading, the exchange rate of the GBP/USD currency pair was moving in a narrow range with its downward […]
GBP/USD Forecast: British Pound Pulls Back
Should the market venture below the 200-day EMA, it might very well set off a sustained negative trajectory. In the recent span […]
GBP/USD Technical Analysis: Looking at British Inflation
Despite the recent performance of the GBP/USD currency pair, which collapsed to the support level of 1.2372 and settled around the level […]
British Pound Early Rally Fades on Friday
Key support and resistance levels to watch are 1.20 and 1.23, with possible downside targets at 1.1850 and 1.15. The GBP/USD currency […]
British Pound Gives Up Its Early Gains
It remains to be seen whether the pound can sustain any rally in the face of a strengthening US dollar. The GBP/USD […]
British Pound Breaks Out Against Yen
I am a buyer on dips, as it looks like the “FOMO trade is in full force.” During Tuesday’s trading session, the […]
GBP/USD Technical Analysis: British Inflation Figures
Prior to the announcement of the British inflation figures, the GBP/USD currency pair failed to rebound to the upside. This is after […]
British Pound Threatens a Breakdown
The 1.19 level underneath being broken would kick off a major “M pattern”, which measures for a move down to the 1.15 […]
British Pound Continues to Levitate
By the end of this week, we could be getting ready for a much bigger move in one direction or the other. […]