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GBP/USD Extends Recovery, but BoE’s Divided Stance and Rising Yields Limit Upside
The GBP/USD pair continued its recovery on Monday, approaching 1.2580 during the Asian trading hours. The move follows increased division...
Read moreGBP/USD Faces Downward Pressure Amid Strong US Dollar and Dovish BoE Outlook
The GBP/USD pair is consolidating in a range below the mid-1.2500s during the Asian session on Tuesday, remaining near its...
Read moreGBP/USD Faces Uncertainty Amid US Dollar Resilience and BoE Dovish Outlook
The GBP/USD pair began the new week with a subdued tone, trading within a narrow range above the mid-1.2500s during...
Read moreGBP Faces Pressure After BoE Vote
The US Dollar (USD) Index continued its bullish trend on Thursday, reaching its highest level in over two years early...
Read moreGBP/USD Extends Gains as Traders Eye BoE Rate Decision
The GBP/USD pair continued its upward momentum on Wednesday, reaching around 1.2780 during the Asian trading session, marking a third...
Read morePound Sterling Holds Steady Amid Fed Rate Cut Speculation
The Pound Sterling (GBP) is trading cautiously above the key 1.2700 level against the US Dollar (USD) on Monday, remaining...
Read moreBoE’s Megan Greene Discusses Uncertainty Over US Tariffs’ Impact on UK Inflation
Bank of England (BoE) policymaker Megan Greene raised concerns on Thursday about the uncertainty surrounding the potential impact of higher...
Read moreEUR/GBP Falls to 0.8310 Amid Pound Strength and Diverging Policy Expectations
The EUR/GBP pair continued its downward trajectory for a fourth consecutive session, trading near 0.8310 during Asian hours on Friday....
Read moreGBP/USD Struggles as US Dollar Gains Ground on Inflation Data
The GBP/USD pair continues to face downward pressure on Thursday, dipping to around 1.2660 during the Asian trading session as...
Read moreGBP/JPY Breaks Five-Day Losing Streak as Market Awaits Key Central Bank Decisions
The GBP/JPY currency pair has ended a five-day losing streak, trading around 191.90 during Thursday’s Asian session. With limited economic...
Read moreGBP/USD Stagnates Below 1.2600 Amid US PCE Inflation Data Awaited
The Pound Sterling (GBP) remained confined to a tight trading range below 1.2600 against the US Dollar (USD) during Wednesday’s...
Read moreGBP Rallies Amid Optimism on Gradual BoE Policy Path
The British Pound Sterling (GBP) began the week on a strong note, recovering sharply from Friday’s sell-off and outpacing its...
Read moreGBP/USD Rises for Third Consecutive Session Amid BoE’s Cautious Stance on Rate Cuts
GBP/USD continued its upward momentum for the third straight session on Wednesday, trading around 1.2690 during the Asian hours. The...
Read moreUK Inflation Report Could Influence BoE’s Interest Rate Decisions and GBP/USD Outlook
The Office for National Statistics (ONS) will release the UK Consumer Price Index (CPI) data for October on Wednesday at...
Read moreDoes the Bank of England Issue Coins?
The Bank of England, established in 1694, is the central bank of the United Kingdom, responsible for overseeing the monetary...
Read moreGBP/USD Declines as Dollar Gains Strength; Market Awaits BoE Governor’s Speech
The GBP/USD pair extended its downward trend, nearing 1.2685 during Thursday's Asian trading session, as the US Dollar (USD) surged...
Read moreGBP/JPY Finds Support Near Weekly Low, But Range-Bound Action Continues
The GBP/JPY currency pair is experiencing some dip-buying near its weekly low, around the 196.85-196.80 region, managing to reverse a...
Read moreGBP/USD Faces Resistance at 100-Day SMA Amid Hawkish BoE Outlook
The GBP/USD pair is struggling to maintain the positive momentum from the previous session and is facing rejection near the...
Read moreGBP/JPY Pauses Near 199.00 Ahead of Key Bank of England Decision
The GBP/JPY pair retraced slightly after reaching a one-week high near 199.55 during Thursday's Asian session, with spot prices now...
Read moreEUR/GBP Declines as Market Anticipates Slower Rate Cuts from BoE
The EUR/GBP pair continued its downward trend, trading around 0.8345 during the early European session on Wednesday, as expectations grow...
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