October 11 2022 🕓 3 min
GBP/USD drops toward 1.10 on USD buying
This week, the GBP has been under pressure as the UK jobs market stays strong and the Bank of England widens the Gilt purchase operations.
Tag: gbp/usd
September 26 2022 🕓 3 min
GBP/USD crashes to all-time lows, touches 1.04
This article provides an analysis of the British pound's recent decline and the possibility of a potential parity with the US dollar.
September 23 2022 🕓 2 min
GBP/USD trades weaker following BoE rate hike
The Pound has failed to capitalize on today's BoE decision. dropping to daily lows during the US session.
September 16 2022 🕓 3 min
GBP/USD plunges to nearly four-decade lows
This is the first time that the Pound has fallen below the 1.14 level since 1985.
September 14 2022 🕓 3 min
GBP/USD back at 1.15 after inflation combo
Inflation figures from the US caused the pair to plummet, while the UK inflation supported the Pound afterward.
September 13 2022 🕓 3 min
GBP/USD sits at three-week highs ahead of US inflation
Sterling hopped to three week highs as USD eased ahead of the US CPI data, due later today.
August 24 2022 🕓 3 min
GBP/USD tags stop losses below 1.18, then reverses
It looks like the bears will have to wait as the technical situation in GBP/USD favours a tiny relief rally.
August 19 2022 🕓 3 min
GBP/USD falls to 1-month low as USD strengthens
This week, the Pound has been under pressure as investors continue to fret about the incoming recession in the UK economy.
August 4 2022 🕓 3 min
GBP/USD drops after dovish BoE decision
The Bank of England hiked rates to 1.75%, but the Pound declined anyways as the central bank indicated an incoming recession.
July 8 2022 🕓 3 min
GBP/USD hovers near 1.20, awaits US jobs market update
Volatility could be elevated during the US session as investors will pay attention to the US labor market data.
June 30 2022 🕓 3 min
GBP/USD remains resilient in risk-aversion trading
Sterling could come under renewed selling pressure as long as it trades below May's lows.
June 22 2022 🕓 3 min
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.