British Pound, GBP/USD, EUR/GBP – Technical Update: British Pound eyeing key levels of support ahead GBP/USD bearish Head & Shoulders still in play EUR/GBP recent dip places focus on key range Recommended by Daniel Dubrovsky How to Trade GBP/USD The British Pound still remains vulnerable to the US Dollar as the new week begins. On
GBP/USD and EUR/GBP Analysis and Charts The 2023 UK Annual National Accounts revise prior GDP releases higher. Next week’s economic calendar is uninspiring. For all market-moving economic data and events, see the DailyFX Calendar The newly released UK Annual National Accounts 2023 (Blue Book) show that the UK economy grew by more than previously thought
Pound Sterling (GBP/USD, EUR/GBP, GBP/JPY) Analysis Pound Sterling Takes a Back Seat as US, EU Data Takes the Wheel Markets continue to exhibit enhanced sensitivity to news flow this week. Earlier US jobs data (JOLTs, ADP) sent the US dollar lower over the last 3 trading days and today’s EU inflation data has seen a
Share: EUR/GBP fades bounce off intraday low but remains defensive after reversing from two-week high the previous day. German Retail Sales for July prints downbeat figures, UK Car Production improves. BoE’s Pill, Eurozone HICP eyed for clear directions. EUR/GBP fades bounce off intraday low around 0.8580 as it justifies downbeat German Retail Sales
British Pound, GBP/USD, EUR/GBP – Technical Update: Recommended by Daniel Dubrovsky Get Your Free GBP Forecast The British Pound continues to be overshadowed by a brewing bearish Head & Shoulders chart formation against the US Dollar. On the daily chart below, GBP/USD can be seen struggling to clear the neckline around 1.2592. Furthermore, prices are
POUND STERLING ANALYSIS & TALKING POINTS German GFK Consumer Confidence places EUR on the backfoot. US CB Consumer Confidence & JOLTs under the spotlight later today. Hesitancy shown on both GBP/USD & EUR/GBP charts. Recommended by Warren Venketas Get Your Free GBP Forecast GBPUSD & EURGBP FUNDAMENTAL BACKDROP The British pound managed to find some
EUR/USD, EUR/GBP PRICE FORECAST: Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter WEEKLY FORECAST: US Dollar Forecast: Powell Adopts Hawkish Tone but DXY Eyes Potential Retracement The Euro appears to be eyeing a temporary reprieve and recovery on Monday following a
EUR/USD and EUR/GBP Forecast – Prices, Charts, and Analysis Recommended by Nick Cawley How to Trade EUR/USD The Euro remains on the back foot after Wednesday’s anemic PMIs showed the single bloc’s economy struggling to make any headway. The latest ECB ‘sources’ talk is that momentum is growing for the European Central Bank to pause
British Pound (GBP) Analysis and Charts 10-year UK gilt yield touching levels last seen 15 years ago. EUR/GBP eyeing a test of multi-month support. Recommended by Nick Cawley How to Trade GBP/USD The British Pound is pushing higher against a strong US dollar as fixed-income traders push the yield on UK government debt ever higher.
Share: The ONS has just released the July CPI data. Economists at MUFG Bank do not expect the British Pound (GBP) to enjoy substantial gains following inflation figures. Inflation surprises modestly to the upside The drop overall in inflation was a little less than expected. The core CPI rate remained unchanged at 6.9%
