May 3 2023 🕓 3 min
GBP/USD creeps higher before Fed concludes its meeting
Inflation data is flooding in as Fed is nearing the end of its FOMC meeting on Wednesday. Will the sterling shoot past 1.26?
Tag: gbp/usd
April 25 2023 🕓 3 min
GBP/USD slides, awaits further impetus for direction
There has been no direction in the GBP/USD pair as markets are getting ready for a large batch of US data.
April 19 2023 🕓 3 min
GBP/USD stays near cycle highs after UK inflation data
Inflation is not slowing as fast as expected, putting pressure on the Bank of England to continue raising rates.
April 13 2023 🕓 3 min
GBP/USD trades at 9-mth highs, confirming bullish trend
Traders continue to dump the USD as the Fed is about to end its hiking cycle, causing the markets to shift their attention to other currencies.
March 31 2023 🕓 4 min
GBP/USD approaches critical resistance ahead of US inflation update
It looks like the Pound could start a significant uptrend if bulls win the battle for 1.2440.
March 22 2023 🕓 3 min
GBP/USD jumps after UK inflation; awaits Fed’s decision
Today's headline (FOMC) event could cause significant movements in the financial markets.
March 14 2023 🕓 3 min
GBP/USD corrects yesterday’s gains, awaits US CPI
Today's US inflation data could pave the way for future rate cuts by the Fed.
March 8 2023 🕓 3 min
GBP/USD drops below key support, touches 3-mth lows
The greenback might continue moving higher as Tuesday's Powell speech killed pivot hopes.
February 23 2023 🕓 3 min
GBP/USD ticks higher, defends 1.20 for now
Volatility has been low so far, with the Pound indecisive on the direction of its next move.
February 14 2023 🕓 3 min
GBP/USD ticks higher after UK jobs market, awaits US inflation numbers
Today's UK data supported the Pound; however, the major event of Tuesday will be the US inflation announcement.
February 7 2023 🕓 3 min
GBP/USD falls below psychological 1.20 amid USD strength
Traders bought the USD broadly today, sending the GBP/USD pair lower.
February 2 2023 🕓 3 min
GBP/USD shows volatility after BoE hikes rates
Another major central bank joined the "dovish hike" club, sending the Pound lower.