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 slips to new cycle lows
GBPUSD
0.71%

GBP/USD slips to new cycle lows

This morning, the Pound traded lower against the US Dollar after data showed that the UK economy bounced back strongly in January.
GBP/USD ticks higher after inflation figures
GBPUSD
0.71%

GBP/USD ticks higher after inflation figures

Inflation showed no signs of easing in December, confirming the BoE's willingness to increase rates again.
GBP/USD jumps to one-month highs
GBPUSD
0.71%

GBP/USD jumps to one-month highs

Rising Omicron cases but flat death rates have pushed the GBP/USD pair to one-month highs.
GBP/USD spikes after BoE surprises with a rate hike
GBPUSD
0.71%

GBP/USD spikes after BoE surprises with a rate hike

It looks the Pound could rally further, supported by the BoE decision and weaker USD.
EUR/GBP finally breaks above 200-day moving average
EURGBP
-0.16%

EUR/GBP finally breaks above 200-day moving average

It looks like a new uptrend could begin in the EUR/GBP cross.
GBP/USD plunges to one-year lows after US, UK data
GBPUSD
0.71%

GBP/USD plunges to one-year lows after US, UK data

The greenback remained in an uptrend following today's job data.

FTSE down four consecutive days, undermined by inflation data

The FTSE index has been the weakest out of major EU indices as the BoE seems ready to start hiking rates in December.
GBP/USD ticks higher after Labor market data
GBPUSD
0.71%

GBP/USD ticks higher after Labor market data

It looks like the GBP/USD pair is forming a short-term upside reversal pattern. Is the decline over, then?
EUR/GBP fails at 200-day average again
EURGBP
-0.16%

EUR/GBP fails at 200-day average again

It looks like the long-term downtrend will continue, unless bulls push the euro above the 200-day moving average.
GBP/USD Slides Ahead of BoE Decision
GBPUSD
0.71%

GBP/USD Slides Ahead of BoE Decision

Volatility continues today as traders are getting ready for the Bank of England monetary policy decision.

FTSE stuck near previous highs

The Footsie index has failed to post new highs and corrected lower. It remains the weakest among the major indices.
GBP/USD forms a triple bottom pattern
GBPUSD
0.71%

GBP/USD forms a triple bottom pattern

What a bounce on Thursday amid hawkish Bank of England, but the medium-term outlook remains neutral.