Tag: gbp/usd

One of many popular forex trading pairs is also GBP/USD – British Pound vs American Dollar. Investro provides daily news and updates on this foreign exchange trading pair.
GBP/USD remains resilient in risk-aversion trading

GBP/USD remains resilient in risk-aversion trading

Sterling could come under renewed selling pressure as long as it trades below May's lows.
GBP/USD erases post-CPI losses, climbs to daily highs

GBP/USD erases post-CPI losses, climbs to daily highs

It looks like the GBP has quickly erased today's post-CPI losses as traders are selling the greenback heading into Powell's testimony.
GBP/USD jumps to 1.23 amid USD weakness

GBP/USD jumps to 1.23 amid USD weakness

The Bank of England has decided to raise the Bank Rate by 25 basis points to 1.25%. The central bank declared that inflation is set to peak at an alarming 11 percent by the end of the year.
GBP/USD drops to 1-mth lows amid risk-aversion

GBP/USD drops to 1-mth lows amid risk-aversion

Sentiment deteriorated sharply Monday, sending the GBP/USD pair to one-month lows.
GBP/USD fails at 1.26 resistance, again

GBP/USD fails at 1.26 resistance, again

The immediate trend for Sterling seems unclear as it lacks momentum, but volatility remains elevated.
GBP/USD fails at 1.26 again

GBP/USD fails at 1.26 again

Bulls retreated quickly as the UK's services sector deteriorated notably.
GBP/USD drops below 1.24 after inflation numbers

GBP/USD drops below 1.24 after inflation numbers

This week, the UK's unemployment rate fell to a 48 year low of 3.7% in the first quarter of the year, while inflation accelerated to a 9% annual rate in April.
GBP/USD fails to stage a corrective rally, remains subdued

GBP/USD fails to stage a corrective rally, remains subdued

The positive sentiment failed to last, with US investors quickly selling today's rallies in risk assets.
GBP/USD below 1.25 as dollar accelerates again

GBP/USD below 1.25 as dollar accelerates again

This week will be dominated by the Bank of England's monetary policy decision and the Federal Reserve's monetary policy decision.
GBP/USD craters after weak UK retail sales

GBP/USD craters after weak UK retail sales

The GBP/USD pair slid more than 1% on Friday, undermined by the miserable UK data and the global strength of the greenback.