Created
: 2025.08.05
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
GBP little changed, outperforms mildly - Scotiabank
Breaking news
GBP little changed, outperforms mildly - Scotiabank
New
2025.08.05 20:52
2025.08.05 20:52
2025.08.05 20:52
Pound Sterling (GBP) is little changed on the day but is a mild outperformer on the session as a result, with the pound relatively safe from the trade uncertainty that is overshadowing some of its peers still, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
BoE policy decision Thursday in focus
"The BoE policy decision Thursday is the prime focus for UK markets this week, but a 1/4 point cut in the target rate to 4.00% is all but fully priced in."
"Sterling is also consolidating the hefty gains from Friday's intraday low versus the USD just below the 100-day MA resistance at 1.3348. Friday's bullish outside range reversal should mark a major low/ reversal for the pound and bring a halt to the July slide. Support is 1.3250/55. Above 1.3355/65 targets a push higher to the low 1.34 area at least."
Last updated
: 2025.08.05
Related articles
US Dollar Index consolidates above 98.50 amid mixed US PMI signals
21 minutes agoEUR/GBP slips below 0.8700 as soft Eurozone PMI data weighs on sentiment
2025.08.05 21:59US President Trump: We are getting very close to a deal with China
2025.08.05 21:32GBP little changed, outperforms mildly - Scotiabank
2025.08.05 20:51EUR consolidates in quiet trade - Scotiabank
2025.08.05 20:50CAD slips, strays from fair value - Scotiabank
2025.08.05 20:48
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
US Dollar Index consolidates above 98.50 amid mixed US PMI signals
The US Dollar Index (DXY), which measures the value of the Greenback against a basket of six major currencies, is holding steady above the 98.50 mark, showing limited movement after Friday's sharp drop.
New
2025.08.05 23:22EUR/GBP slips below 0.8700 as soft Eurozone PMI data weighs on sentiment
The Euro (EUR) extends losses for the second consecutive day against the British Pound (GBP) on Tuesday, dragged lower by softer-than-expected Eurozone Purchasing Managers Index (PMI) data.
New
2025.08.05 21:59US President Trump: We are getting very close to a deal with China
In an interview with CNBC on Tuesday, United States (US) President Donald Trump said that they are getting very close to reaching a trade deal with China and reiterated that the tariff rate on Indian imports will be raised soon.
New
2025.08.05 21:32GBP little changed, outperforms mildly - Scotiabank
Pound Sterling (GBP) is little changed on the day but is a mild outperformer on the session as a result, with the pound relatively safe from the trade uncertainty that is overshadowing some of its peers still, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.08.05 20:51EUR consolidates in quiet trade - Scotiabank
Despite firm Spanish and Italian Services and Composite PMI data for July and mild upward revisions for the German data, downward revisions for the French PMIs resulted in minor downward revisions to the Eurozone Services and Composite data for last month, Scotiabank's Chief FX Strategists Shaun Osb
New
2025.08.05 20:50CAD slips, strays from fair value - Scotiabank
The Canadian Dollar (CAD) retains a soft undertone but trading patterns are closely aligned with the core majors for the most part, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.08.05 20:48Copper price searching for direction - Commerzbank
The Copper market seems to still need to settle after the US tariff surprise. The Copper price traded on the LME increased slightly yesterday after it had declined last week when US President Trump announced that only semi-finished Copper products would be affected by a sector-specific tariff.
New
2025.08.05 20:46EUR/INR retreats from all-time highs around 102.00 ahead of RBI policy
The EUR/INR pair falls back to near 101.30 on Tuesday after revisiting an all-time high around 101.85 earlier in the day. The pair retreated as the Indian Rupee (INR) gained ground, following the Reserve Bank of India's (RBI) intervention into currency markets.
New
2025.08.05 20:43Gold retreats from two-week high as improving sentiment curbs safe-haven demand
Gold (XAU/USD) is drifting lower on Tuesday, giving back some of the gains after hitting a two-week high on Monday.
New
2025.08.05 20:42USD firmer but focus on the Fed outlook may limit gains - Scotiabank
The US Dollar (USD) is inching higher overall this morning adding to modest gains seen Monday as it recovered from the heavy losses sparked by Friday's jobs data.
New
2025.08.05 20:39Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
