[ad_1] British Pound, GBP/USD, Descending Channel – Technical Update: British Pound transitions into sideways price action Daily chart reveals bearish Head & Shoulders pattern 4-hour timeframe has key moving averages in focus Recommended by Daniel Dubrovsky Get Your Free GBP Forecast The British Pound consolidated against the US Dollar this past week despite GBP/USD confirming
[ad_1] GBP PRICE, CHARTS AND ANALYSIS: For your Free Forecast Guide to Q3 on the GBP, Download It Below Now Recommended by Zain Vawda Get Your Free GBP Forecast Read More: US Dollar Forecast: Will Fed Chair Powell Inject Further Momentum at Jackson Hole? GBP held its own last week against its G7 peers with
[ad_1] GBPUSD back above the 100/200 hour MAs The GBPUSD is snapping back higher. In the kickstart technical video from earlier, the pair had moved back below the 100/200 hour MAs which are converged at 1.2719. That tilt of the bias more to the downside but a swing area between 1.2678 and 1.26988 stalled the
[ad_1] Share: UK Retail Sales for July disappoint with a -1.2% MoM drop, surpassing the anticipated -0.5% decline. Strong UK GDP readings and high wages keep BoE rate hike expectations alive, with a 6% peak on the Bank Rate anticipated. Eyes on upcoming PMIs, housing data, and Fed Chair Jerome Powell’s speech for
[ad_1] Share: GBP/USD retreats from daily highs and losses for the second day in the week but remains set to finish the week on a higher note. Retail Sales in the United Kingdom (UK) were softer, but most data supports the Bank of England’s (BoE) case for a rate hike at its upcoming meeting. The
[ad_1] GBP/USD and EUR/GBP Analysis and Charts Gilt yields support Sterling against a robust US dollar. EUR/GBP set to test range support. Recommended by Nick Cawley How to Trade GBP/USD The British Pound is ending the week in reasonable shape against the US dollar and is showing gains against a range of other G7 currencies.
[ad_1] Number of traders net-short has increased by 17.63% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI GBP/USD BULLISH 48.97% 51.03% -6.31% Daily -4.39% Weekly 8.71% Daily 17.63% Weekly 0.79% Daily 5.71% Weekly of clients are net long. of clients are net short. Change in Longs
[ad_1] 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
[ad_1] GBP/USD Price, Chart, and Analysis GBP/USD rose and stayed up after the latest official UK consumer price numbers Headline CPI is decelerating but remains hugely above target The prospect of higher rates next month remains Recommended by David Cottle How to Trade GBP/USD The British Pound rose against the United States Dollar on Wednesday
[ad_1] 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
