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GBP/USD lost its bullish momentum and turned flat on the day near 1.2250 after rising toward 1.2300 earlier in the day. The technical outlook suggests
GBP/USD Forecast: Bullish potential remains intact despite recent decline that the bullish bias stays intact despite the latest pullback. ILO Unemployment Rate in the UK edged lower to 4.2% in the three months to August from 4.3%, the UK's Office for National Statistics reported early Tuesday. The details of the report showed that the Employment Change came in at -82,000, better than the market expectation for a decrease of 198,000. Read more...
2270 ahead of UK employment, PMI data GBP/USD continues the winning streak that began on Thursday, trading higher near 1.2270 during the Asian session on Tuesday. The pair receives upward support due to the correction in the US Dollar , coupled with improved risk sentiment. United Kingdom gears up for the release of Employment and S&P Global PMI data.
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Pound Sterling Price News and Forecast: GBP/USD hovers above 1.2150 major levelGBP/USD lost its traction and erased its daily gains after rising toward 1.2200 in the early European morning. In the absence of high-impact macroecon
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British Pound (GBP/USD) Latest – Volatility on the Horizon?Credit ratings agency Moody’s has changed its outlook for the UK from negative to stable and confirmed the countries’ Aaa3 rating
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Pound Sterling trades directionless ahead of UK employment dataThe Pound Sterling (GBP) struggles to find a direction as investors await for UK Employment data, which will be published on Tuesday. The GBP/USD pair
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Pound Sterling eyes more upside as employment data beats expectationsThe Pound Sterling (GBP) gathers strength to extend upside toward the crucial resistance of 1.2300 amid improved market sentiment and better-than-anti
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GBP/USD moves on an upward trajectory near 1.2270 ahead of UK employment, PMI dataGBP/USD continues the winning streak that began on Thursday, trading higher near 1.2270 during the Asian session on Tuesday. The pair receives upward
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GBP/USD: Upward momentum continues to buildFurther upside could lift GBP/USD to the 1.2340 zone in the near term, according to UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser
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