GBP News

United Kingdom CFTC GBP NC Net Positions fell from previous £10.9K to £5K
United Kingdom CFTC GBP NC Net Positions fell from previous £10.9K to £5K
...
Currency News 3 days ago
GBP/USD drops further to 1.2200 amid USD strength
GBP/USD drops further to 1.2200 amid USD strength
Break under 1.2300 activates correction of last week GBP/USD rally.  Pound pulls back on Friday versus CHF and EUR, USD unaffected by economic data.&n...
Currency News 3 days ago
GBP/USD: Death cross pattern to be triggered
GBP/USD: Death cross pattern to be triggered
GBP/USD early April's daily chart is showing the death cross pattern, as FXStreet’s analyst Yohay Elam notes. Key quotes “GBP/USD is still suffering from down...
Currency News 3 days ago
GBP/USD Price Analysis: Turns vulnerable below the recent trading range support near 1.2300 mark
GBP/USD Price Analysis: Turns vulnerable below the recent trading range support near 1.2300 mark
GBP/USD remained under heavy selling pressure through the mid-European session on Friday. Any meaningful positive move might now be seen as a selling oppor...
Currency News 3 days ago
GBP/USD: Opportunity for the safe-haven dollar to shine
GBP/USD: Opportunity for the safe-haven dollar to shine
GBP/USD has been under pressure as coronavirus spreads. US Non-Farm Payrolls and several UK developments are eyed, FXStreet’s analyst Yohay Elam informs. Key q...
Currency News 3 days ago
GBP/USD: consolidation
GBP/USD: consolidation
Status: consolidation Support: 1.2300 Resistance: 1.2455 Awesome Oscillator: at zero line Storyline What looks like a stopped heartbeat on the GBP/USD H4 i...
Institution Opinions 3 days ago
GBP/USD to rise to 1.2500 in six months – Reuters poll
GBP/USD to rise to 1.2500 in six months – Reuters poll
The yearly forecasts for the British pound are revised downward from a month ago due to the coronavirus pandemic, as revealed by the latest Reuters poll. Key f...
Currency News 3 days ago
Japanese Candlesticks Analysis 03.04.2020 (EURUSD, USDJPY, EURGBP)
Japanese Candlesticks Analysis 03.04.2020 (EURUSD, USDJPY, EURGBP)
EURUSD, “Euro vs. US Dollar” As we can see in the H4 chart, EURUSD continues forming the rising channel. By now, the pair has formed a Hammer pattern not far fr...
Institution Opinions 3 days ago
Murrey Math Lines 03.04.2020 (EURUSD, GBPUSD)
Murrey Math Lines 03.04.2020 (EURUSD, GBPUSD)
EURUSD, “Euro vs. US Dollar” In the H4 chart, EURUSD is trading below 1/8. In this case, the pair may continue falling towards the support at -1/8. However, thi...
Institution Opinions 3 days ago
GBP/USD: Heavy below 1.2400 ahead of UK PMI, US data
GBP/USD: Heavy below 1.2400 ahead of UK PMI, US data
GBP/USD bears the burden of broad US dollar strength while waiting for fresh impulse. UK plans to issue coronavirus “immunity passports”, Chancellor Sunak...
Currency News 3 days ago
GBP/USD Price Analysis: Buyers and sellers jostle around 1.2400
GBP/USD Price Analysis: Buyers and sellers jostle around 1.2400
GBP/USD remains capped between 21-day SMA and 1.2485/95 region. 61.8% Fibonacci retracement adds to the resistance. Sellers look for entry below 21-day S...
Currency News 4 days ago
GBP/JPY Price Analysis: Off session top, struggles between the key EMAs
GBP/JPY Price Analysis: Off session top, struggles between the key EMAs
GBP/JPY remains capped a range despite the recent pullback. MACD teasing bulls, sustained trading above 61.8% Fibonacci retracement keep buyers hopeful....
Currency News 4 days ago
GBP/USD upside potential limited in COVID-19 uncertainties
GBP/USD upside potential limited in COVID-19 uncertainties
GBP/USD hangs in the balance of COVID-19 spreading in the US and UK. Volatility favours the USD and Brexit will be a spanner in the works as UK submer...
Currency News 4 days ago
BoE: Doubling size of corporate bond purchase programme to at least 20 billion pounds
BoE: Doubling size of corporate bond purchase programme to at least 20 billion pounds
The Bank of England announced on Thursday that it will increase its corporate bond purchase programme by 10 billion GBP to at least 20 billion GB...
Forex News 4 days ago
GBP/USD New York Price Forecast: Pound sidelined near 1.2400 figure
GBP/USD New York Price Forecast: Pound sidelined near 1.2400 figure
GBP/USD bounced up sharply after reaching the 1985 lows in March.  GBP/USD is consolidating the bullish run near the 1.2400 figure.   GBP/...
Currency News 4 days ago
GBP/USD: A more stable global backdrop should allow a rebound – Westpac
GBP/USD: A more stable global backdrop should allow a rebound – Westpac
The scale of the UK's support packages should offset the negative of the UK's trade balance pressures. A more stable global backdrop should also allow GBP/USD t...
Currency News 4 days ago
GBP/JPY clings to gains just below session tops, around mid-133.00s
GBP/JPY clings to gains just below session tops, around mid-133.00s
GBP/JPY regains traction amid some buying around the British pound. Fading safe-haven demand weighed on the JPY and remains supportive. The GBP/JPY cros...
Currency News 4 days ago
The Pound found the strength to correct. Overview for 02.04.2020
The Pound found the strength to correct. Overview for 02.04.2020
Market conditions aren’t changing too much for GBPUSD but the Pound found a reason for the correction. On Thursday afternoon, the British Pound reached stabilit...
Institution Opinions 4 days ago
GBP or NZD: which currency has potential?
GBP or NZD: which currency has potential?
These days it seems that all the financial news are orbited around the US dollar, it has a lock on everyone’s attention. However, there are some interesting cro...
Institution Opinions 4 days ago
EUR/GBP Price Analysis: Bears targeting mid-0.8700s, 61.8% Fibo./200-DMA confluence support
EUR/GBP Price Analysis: Bears targeting mid-0.8700s, 61.8% Fibo./200-DMA confluence support
EUR/GBP meets with some fresh supply on Thursday and slides below the 0.8800 mark. The near-term technical set-up supports prospects for an extension of th...
Currency News 4 days ago
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