[ad_1] British Pound: GBP/USD Charts and Analysis US rate expectations now point to a 25bp rate cut in May and a total of 125bps in 2024. US GDP and inflation data will be the key drivers of short-term momentum. Recommended by Nick Cawley How to Trade GBP/USD For all market-moving economic data and events, see
[ad_1] US DOLLAR FORECAST – EUR/USD, GBP/USD, AUD/USD The U.S. dollar extends losses, sinking to its weakest point since early August Meanwhile, EUR/USD, GBP/USD and AUD/USD break out to the topside, clearing key price levels in the process This article focuses on the technical outlook for top forex pairs Trade Smarter – Sign up for
[ad_1] Share: GBP/USD Forecast: Bulls maintain the pressure, aim for 1.2700 and beyond The British Pound retains its strength against the US Dollar, with GBP/USD comfortably trading above the 1.2600 threshold after peaking on Monday at 1.2644, its highest since last August. On the one hand, the GBP benefited from hawkish comments from
[ad_1] Share: GBP/USD maintains its upward trajectory on a hawkish BoE tone. BoE Governor Andrew Bailey mentioned the challenge of bringing inflation back to the 2% target. US New Home Sales dropped by 5.6% at 679K against the market consensus of 725K in October. GBP/USD reached its highest level since early September, touching
[ad_1] GBP PRICE, CHARTS AND ANALYSIS: Read More: S&P 500, NAS 100 Make a Tepid Start to the Week, Where to Next? Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter GBP OUTLOOK The GBP and Cable in particular has had a
[ad_1] Share: GBP/USD stays in green territory, though under pressure as sentiment shifts sour. The US Dollar Index erases earlier gains, cushioning the Pound Sterling advance. BoE’s Bailey: Inflation is down due to energy prices falling; monetary and fiscal policy would do the rest of the job. GBP/USD climbed above the 1.2600 figure
[ad_1] GBP/USD Analysis and Charts BoE governor Bailey warns on UK inflation and growth. Sterling remains underpinned as rate cut hopes are pushed back. For all market-moving economic data and events, see the DailyFX Calendar Most Read: British Pound Latest – GBP/USD Boosted by Positive PMI Data Recommended by Nick Cawley How to Trade GBP/USD





