GBPUSD Cautious reaction after central banks
The U.S. dollar had a topsy turvy end of the week following the adoption by the Bank of England and the European Central Bank of slightly more restrictive positions than the markets had expected, which gave a boost to the pound sterling and the euro
Daily Market Recap – GBPUSD Strong UK jobs report supports the pound
The British pound has rallied in recent sessions in the foreign exchange market, including against the powerful greenback.
Daily Market Recap – GBPUSD Downward pressure remains, $1.36 support will be decisive
GBPUSD initially retreated on Friday along with most other major currency pairs following hawkish comments from some Fed FOMC members before regaining some ground and ending the session in the green.
Daily Market Recap – GBPUSD The British Pound Could Return To $1.30
After several months of consolidation, the GBPUSD looks set for a bearish reversal.
Daily Market Recap – GBPUSD Bank of England keeps monetary policy unchanged
The Bank of England left its key rate and the amount of its asset purchase program unchanged Thursday after its monetary policy meeting.
Daily Market Recap – GBPUSD BoE leaves monetary policy unchanged
The Bank of England said Thursday it would continue to monitor inflation, which is expected to temporarily exceed 3 percent in the U.K. but left its monetary policy unchanged for now.
Daily Market Recap - GBPUSD Weekly Outlook
The GBPUSD ended the week on a softer note as the pair continues to consolidate between the 1.38 to 1.40 levels after the Bank of England held interest rates steady on Thursday, echoing the US Federal Reserve's accommodative tone on the prospect of future monetary policy tightening.
Daily Market Recap - GBPUSD Weekly Recap
The British Pound crossed back above the psychologically significant $1.40 threshold on Friday, galvanized since the beginning of the year by a rapid vaccination campaign in the UK and by the conclusion of a post-Brexit trade agreement with the EU at the end of 2020.
Daily Market Recap - The Dollar Declines Even Further
The Dollar fell again Wednesday against the British Pound, taking the GBPUSD to a new high in nearly three years as Forex traders feared the U.S. stimulus package would weigh on the greenback.
Daily Market Recap - GBPUSD At Critical Junction
The British Pound rose against the US Dollar on Tuesday after initially falling towards the 1.36 handle during the European session.
Daily Market Recap - GBPUSD on the move again
The British Pound is rallying against the US Dollar on Tuesday after the Bank of England Governor Andrew Bailey said that he saw many issues with negative rates.
Daily Market Recap - GBPUSD
The British Pound is rallying against the US Dollar on Wednesday after the UK House of Commons approved both the Brexit trade deal and the Oxford Astra Zeneca vaccine earlier in the day.
Daily Market Recap - GBPUSD
The British Pound is trading lower against the US Dollar on Monday as Sterling buyers appear to be few and far between at the start of the week.
Daily Market Recap - GBPUSD
The British Pound has settled higher against the US Dollar on Wednesday as the recent panic over the new coronavirus strain in the UK receded, with the spotlight back on Brexit.
Daily Market Recap - GBPUSD
The GBPUSD is rising on Thursday against a backdrop of increased speculation that a Brexit deal will be reached shortly as well as the UK’s approval of Pfizer’s covid-19 vaccine which is helping to lift investor sentiment on the British Pound.
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