[ad_1] British Pound, GBP/USD, Descending Channel – Technical Update: British Pound clocked in a 4th consecutive weekly loss GBP/USD has also confirmed a key trendline breakout Descending Channel remains in focus on 4-hour chart Recommended by Daniel Dubrovsky Get Your Free GBP Forecast The British Pound weakened about -0.4 percent against the US Dollar last
[ad_1] Headlines: Markets: GBP leads, NZD lags on the day European equities lower; S&P 500 futures flat US 10-year yields up 2.2 bps to 4.103% Gold up 0.3% to $1,918.65 WTI crude up 0.6% to $83.33 Bitcoin down 0.1% to $29,392 It was a quiet session as we observed yet another typical summer’s day in
[ad_1] Share: Pound Sterling faces selling pressure despite the UK economy turning out more resilient in June than expected. Upbeat United Kingdom factory data showcase optimism among producers in spite of a highly-inflated price environment. Monthly Industrial and Manufacturing Production data grew by 1.8% and 2.4% in June, respectively. The Pound Sterling (GBP) seems to
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[ad_1] © Reuters. Investing.com – The U.S. dollar steadied in early European trade Friday in the wake of the latest consumer inflation release, while sterling bounced after stronger-than-expected U.K. growth data. At 03:10 ET (07:10 GMT), the , which tracks the greenback against a basket of six other currencies, edged lower to 102.350 but remains
[ad_1] GBP/USD Prices, Charts, and Analysis The UK economy grew by 0.2% in the second quarter. The economy is estimated to have expanded by 0.5% in June. Recommended by Nick Cawley How to Trade GBP/USD The UK economy expanded by a better-than-expected 0.2% in Q2, beating forecasts of zero growth, while the economy grew by
[ad_1] US Dollar, GBP/USD, British Pound, Treasuries, Gilts, China, Moody’s – Talking Points The US Dollar resumed strengthening this week on global growth questions China’s economy is facing scrutiny, pushing investors toward Treasuries and Gilts Sterling survived a test of support levels, but will GBP/USD continue to hold up? Recommended by Daniel McCarthy How to
[ad_1] Share: GBP/USD registered modest gains on Friday after a soft US jobs data report spurred speculations the US Federal Reserve (Fed) might end its tightening cycle. Nevertheless, failure to crack the 1.2800 figure would likely keep the Sterling (GBP) pressured in the medium term. The GBP/USD trades at 1.2755, a gain of
[ad_1] © Reuters. Investing.com – The U.S. dollar rose in early European trade Thursday, continuing the previous session’s positive tone as strong private payrolls data overshadowed Fitch’s downgrade of its U.S. sovereign rating. At 03:10 ET (07:10 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.2% higher at
[ad_1] © Reuters Investing.com — The pound swung between gains and losses on Thursday, as the Bank of England returned to a slower pace of rate hikes, but further joy for sterling bears relies on a bumpy ride for risk assets and an ongoing climb in U.S. bond yields. was flat at $1.2703 after falling
