Anticipation Ramps Up for Pound Traders

[ad_1] POUND STERLING ANALYSIS & TALKING POINTS BoE peak rate market pricing continues to fall. UK labor data & US CPI the focal points this week. 1.25 tentatively holds. Recommended by Warren Venketas Get Your Free GBP Forecast GBPUSD FUNDAMENTAL BACKDROP The British pound has started the week on the front foot as the US

Pound Sterling stabilizes above 1.25 on cheerful mood, UK Employment in focus

[ad_1] Share: Pound Sterling climbs above a two-day high as the appeal for risk-sensitive currencies improves. Investors shift focus to UK employment data for July, which will be published on Tuesday. BoE Pill and Mann are set to speak on Monday and Tuesday, respectively. The Pound Sterling (GBP) rebounds strongly as bearish market

Pound Sterling remains vulnerable due to dismal economic outlook

[ad_1] Share: Pound Sterling finds an intermediate support, but the downside seems favored amid global uncertainty. BoE Dhingra warned that further tightening could hurt the UK economy. Investors shift focus to the July Employment data, which will be released on Tuesday. The Pound Sterling (GBP) discovered intermediate support as investors started digesting the

Pound Sterling remains vulnerable as BoE sees interest rate peak near

[ad_1] Share: The Pound Sterling faces significant pressure as the BoE appears to be reluctant to raise interest rates further. BoE Swati Dhingra said that the current interest rate policy is sufficiently restrictive. The UK services sector shrinks after six months of expansion as consumer spending weakens. The Pound Sterling (GBP) cracked significantly

Pound Breakdown Post-BoE & UK Housing Data

[ad_1] POUND STERLING ANALYSIS & TALKING POINTS BoE guidance & UK housing price report weigh negatively on GBP. US in focus later today. Head & shoulders breakout opens up subsequent support zones. Recommended by Warren Venketas Get Your Free GBP Forecast GBPUSD FUNDAMENTAL BACKDROP The British pound faced some stiff competition from the US dollar

Pound Sterling consolidates amid uncertainty over interest rate peak

[ad_1] Share: Pound Sterling attempts recovery from below 1.2600 but still remains fragile as factory activities weaken further. UK factory activities dropped to 43.0, the lowest reading in the past 39 months. The BoE is expected to raise interest rates consecutive for the 15th time this month. The Pound Sterling (GBP) strives for

Pound Sterling cracks on hawkish BoE bets, firm US Dollar

[ad_1] Share: Pound Sterling resumes its upside journey as market mood turns upbeat after US job data. UK inflation is highest among G7 economies due to labor shortages and strong wage growth. BoE policymakers warned that interest rates will remain higher for a longer period. The Pound Sterling (GBP) weakens as market sentiment turns bearish

Pound Sterling Price Action Setups: GBP/USD, EUR/GBP, GBP/JPY

[ad_1] 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

Pound Bulls Wary Ahead of Key US & EZ Data: GBP/USD, EUR/GBP

[ad_1] 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

British Pound at Risk Amid Bullish Retail Traders, GBP/USD Head & Shoulders Still Eyed

[ad_1] British Pound, GBP/USD, Technical Analysis, Retail Trader Positioning – IGCS Update British Pound sees the worst 24 hours since late July Retail traders have increased upside GBP/USD bets Bearish Head & Shoulders chart pattern still in focus Recommended by Daniel Dubrovsky Get Your Free GBP Forecast The British Pound closed at its lowest against