EUR/GBP tumbles to half-month low as Pound Sterling recovers

Share: The EUR/GBP is backsliding into 0.8660 as Pound Sterling sees a Friday rebound. EU Retail Sales, UK GDP on the back half of next week’s economic calendar. GBP the big winner for Friday. The EUR/GBP is skidding towards 0.8660 as the market heads into the closing bell for the week, and the

Pound Clinging to Post-BoE Gains

POUND STERLING ANALYSIS & TALKING POINTS BoE sentiments linger in favor of sterling. US NFP and services PMI to dominate headlines later today. GBP/USD eyes symmetrical triangle breakout. Elevate your trading skills and gain a competitive edge. Get your hands on the British Pound Q4 outlook today for exclusive insights into key market catalysts that

British Pound – GBP/USD and EUR/GBP Technical Outlooks

British Pound – GBP/USD and EUR/GBP Technical Outlooks Recommended by Nick Cawley Get Your Free GBP Forecast For all market-moving economic data and events, see the DailyFX Calendar The US dollar is caught in a small down draft, prompted by a sell-off in US Treasury yields. After hitting a multi-year high of 5.26% last week,

Pound Sterling remains calm as focus shifts to BoE monetary policy meeting

Share: Pound Sterling trades in a tight range as investors eye BoE monetary policy decision for further action. The BoE is expected to keep interest rates unchanged amid easing labor market conditions and subdued retail demand. Deepening Middle East tensions dent demand for risk-perceived assets. The Pound Sterling (GBP) struggles to find a

British Pound (GBP/USD) Latest – Volatility on the Horizon?

British Pound (GBP/USD) Analysis and Charts Moody’s upgrade having little effect on Sterling. UK employment data and S&P PMIs are the next potential GBP drivers. Recommended by Nick Cawley Get Your Free GBP Forecast The British Pound is little changed as traders open their books for the week with little macro news around to start

Pound Sterling remains soft as UK Retail Sales contract sharply

Share: Pound Sterling dropped after data showed that UK Retail Sales declined by almost 1% in September. The decrease in Retail Sales suggests a weakening household’ spending, which is the main driver of the UK economy. The Bank of England is widely expected to leave interest rates unchanged. The Pound Sterling (GBP) retreated after the

Pound Exposed Ahead of Powell

POUND STERLING ANALYSIS & TALKING POINTS Souring risk sentiment weighs on GBP. Fed Chair Powell speech under the spotlight later today. Key technical break could see GBP/USD slip further. Elevate your trading skills and gain a competitive edge. Get your hands on the British Pound Q4 outlook today for exclusive insights into key market catalysts

Pound Sterling extends downside as Middle East conflicts dampen market mood

Share: Pound Sterling faces an intense sell-off due to risk-off impulse and weak manufacturing activity data. Persistent US inflation dampens the market mood. The BoE is expected to keep interest rates unchanged for the second time in a row. The Pound Sterling (GBP) dropped from a two-week high as the United Kingdom’s economic