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GBP/USD soars past 1.2500 on soft US manufacturing data, Fed skipping hike
GBP/USD edges higher in the North American session, boosted by downbeat economic data from the United States (US), with business activity slowing. Add
GBP/USD sticks to modest gains around mid-1.2400s, just below two-week top post-US ADP
The GBP/USD pair reverses an intraday dip to the 1.2400 round-figure mark and turns positive for the fifth successive day on Thursday. Spot prices, ho
GBP/USD to enjoy further gains toward the mid-1.25s on sustained break above 1.2460/70 - Scotiabank
GBP/USD has regained a little ground on the session after weakening back to the 1.24 area. Economists at Scotiabank analyze the pair's technical outlo
BoE DMP Survey: UK firms see year-ahead CPI higher in May
According to the latest Bank of England (BoE) Monthly Decision Maker Panel (DMP) survey released on Thursday, the UK businesses see year-ahead Consume
GBP/USD retreats from over one-week high, slides back closer to 1.2400 amid stronger USD
The GBP/USD pair continues with its struggle to move back above the 50-day Simple Moving Average (SMA) and attracts some sellers near the 1.2450 area,
GBP/USD now moved into a consolidative phase - UOB
In the opinion of UOB Group's Economist Lee Sue Ann and Markets Strategist Quek Ser Leang, GBP/USD is now seen trading within the 1.2330-1.2505 range
GBP/USD Price Analysis: Cable bulls run out of steam as 50-DMA prods upside near 1.2450
GBP/USD grinds near weekly high as bulls and bears jostle ahead of the key data/events scheduled for publishing on Thursday. That said, the Cable pair
GBP/USD refreshes weekly high at 1.2450 amid mixed Fed views about interest rate guidance
The GBP/USD pair is facing stiff barricades around 1.2450 in the Asian session. The Cable has printed a fresh weekly high at 1.2450 but is facing hurd
GBP/USD stays firmer past 1.2400 on hopes of more BoE rate hikes, US employment in focus
GBP/USD bulls stay in the driver's seat for the fifth consecutive day, despite the Asian-session latest inaction around 1.2440 during early Thursday.
GBP/USD Price Analysis: Bulls move in and eye 1.2500
As per the prior day´s analysis, GBP/USD Price Analysis: Bulls meet key resistance, bears lurking, whereby the price was anticipated to continue formi
GBP/USD bounces off daily low, lacks follow-through; remains below 50-day SMA
The GBP/USD pair attracts some dip-buying near the 1.2350-1.2345 area on Wednesday and climbs to the top end of its daily trading range during the ear
BoE's Mann: Gap between UK headline and core inflation more persistent than in US
Bank of England (BoE) Monetary Policy Committee member Catherine Mann noted on Wednesday that the gap between the headline and core inflation in the U
GBP/USD: Weakness through 1.2335 will bolster the potential for a drop back to the 1.21 area - Scotiabank
GBP/USD holds support in mid-1.23 zone. Economists at Scotiabank analyze the pair's technical outlook. Resistance stands at 1.2450 "The technical dama
GBP/USD: Downside risks as BoE rate hike expectations are too high - Commerzbank
Since UK inflation rates for April surprised on the upside last week Sterling has been on the up. Economists at Commerzbank note downside risks for th
GBP/USD is seen trading between 1.2330 and 1.2505 - UOB
GBP/USD has likely moved into a consolidative phase according to Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group. Key Quotes
GBP/USD snaps three-day winning streak below 1.2400 as risk aversion joins mixed UK/US statistics
GBP/USD clings to mild losses as it extends the early Asian session pullback from a one-week high while snapping a three-day uptrend near 1.2390 headi
GBP/USD Price Analysis: Bulls meet key resistance, bears lurking
GBP/USD bulls are stepping in at support and eye an upside continuation to test daily resistance again. The following illustrates a scenario whereby w
GBP/USD returns above 1.2400 as USD Index retreats ahead of US Employment/Fed's Beige Book
The GBP/USD pair has rebounded above the round-level resistance of 1.2400 after a steep correction in the early Tokyo session. The Cable has climbed b
GBP/USD Price Analysis: Bulls move in to take control
Sterling rose against a weaker dollar on Tuesday as British inflation remains in focus. This has forced the price higher and placed the bulls back in
GBP/USD eyes additional gains towards the upper 1.24s in the short run - Scotiabank
Sterling is the top-performer on the session as shop price data shows further gain. Economists at Scotiabank expect the GBP/USD pair to test the upper
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