British Pound, GBP/USD, Technical Analysis, Retail Trader Positioning – IGCS Update British Pound set for worst month since August 2022? Retail traders’ bullish exposure relentlessly building Will the exchange rate bounce off near-term support? Recommended by Daniel Dubrovsky How to Trade GBP/USD At over -4 percent, the British Pound is on course for the worst
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© Reuters. The Pound (GBP) experienced further losses on Friday, rounding off a challenging week marked by a deepening contraction in the U.K.’s service sector activity, according to the latest survey. This development has intensified recession fears and fueled expectations that the Bank of England (BoE) has concluded its interest rate hikes. The Confederation of
Share: Pound Sterling may continue its three-day losing spell further amid uncertainty over the economic outlook. S&P Global reported that UK Services PMI contracted for the second time straight. BoE policymakers shifted focus on the UK’s economic prospects against persistent inflationary pressure. The Pound Sterling (GBP) faces selling pressure as investors start worrying
Recommended by Daniel Dubrovsky How to Trade EUR/USD The US Dollar experienced mixed performance against its major peers this past week. Looking at the chart below, the British Pound was the worst performer weakening about -1.2%. Meanwhile, the New Zealand Dollar was better off, rallying around 1.1%. Meanwhile, Wall Street took a plunge in the
British Pound, GBP/USD, US Dollar, EUR/GBP, Euro, BoE, Momentum – Talking Points The British Pound made new lows last week and momentum might be building The Bank of England is anticipated to lift rates later this week by 25 basis points Sterling is staring at some untested support levels. Will GBP/USD find firmer footing? Recommended
Share: The GBP/USD is testing three-month lows after closing flat or bearish for seven of the last eight weeks. UK data continues to disappoint, suggesting a floundering economic outlook. US data keeps beating expectations, boosting USD in major trading pairs. The Pound Sterling (GBP) is notably bearish for Thursday, briefly breaking beneath the
British Pound, GBP/USD, Technical Analysis, Retail Trader Positioning – IGCS Update British Pound has been stabilizing against US Dollar Retail traders have been slowing becoming bearish Will GBP/USD reverse higher on the 200-day MA? Recommended by Daniel Dubrovsky Get Your Free GBP Forecast The British Pound has been marking time in recent weeks, pausing a
GBP prices extended its decline today after UK GDP disappointed. Cable now looks to US CPI for guidance. لینک منبع : هوشمند نیوز
British Pound Vs US Dollar, Euro, Japanese Yen – Price Setups: Still-hot UK wage growth hasn’t translated into higher GBP/USD yet. EUR/GBP is holding above vital support, frustrating bears. GBP/JPY continues to be well guided by a rising channel. What is the outlook and key levels to watch in select GBP crosses? Recommended by Manish
