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GBP Dips as Investors Brace for UK’s Spring Budget and Await US Economic Data
In the European session on Tuesday, the Pound Sterling (GBP) experienced a slight decline from the critical resistance level of...
Read morePound Sterling Holds Steady as Bank of England Signals Reluctance to Lower Interest Rates
On Monday's European session, the Pound Sterling (GBP) maintained its position around 1.2670, with investors expressing confidence that the Bank...
Read morePound Sterling Seeks Clarity Amidst Bank of England Rate Speculation
The Pound Sterling (GBP) faced a lack of direction on Friday, as investors awaited guidance on Bank of England (BoE)...
Read moreEUR/GBP Rebounds as Bank of England Member Advocates for Rate Cuts
In the Asian session on Thursday, the EUR/GBP pair recovered recent losses, trading higher around 0.8570. The reversal followed remarks...
Read morePound Sterling Faces Headwinds Amid Mixed Signals from Bank of England and Fed
In Wednesday's European session, the Pound Sterling (GBP) struggled to maintain gains, retracing from a weekly high near 1.2670 against...
Read morePound Sterling Strengthens Amid Hawkish BoE Outlook and Upbeat Retail Sales
The Pound Sterling (GBP) exhibited strength in Monday's European session, maintaining a six-day high near 1.2620, as the Bank of...
Read moreBank of England’s Huw Pill Highlights Concerns and Cautions on UK Economic Landscape
In a panel discussion at the Annual National Association for Business Economics Economic Policy Conference in Washington DC, Bank of...
Read morePound Sterling Faces Retreat as Bank of England Contemplates Rate Cuts
London, February 6, 2024 - After a robust start to the year, the Pound Sterling (GBP) has experienced a slight...
Read morePound Sterling Hits Weekly High Amidst Speculation on Interest Rate Cuts
The Pound Sterling (GBP) has surged to a fresh weekly high in the early European session on Friday, fueled by...
Read moreBoE expected to remain on hold: Timeline for 2024 rate cuts discussed
The Bank of England (BoE) is gearing up for its first policy meeting of 2024, set to take place on...
Read moreGBP/USD Outlook Ahead of BoE Meeting: OCBC Bank’s Analysis
GBP/USD is currently trading around 1.2675 levels, and economists at OCBC Bank are examining the Cable's outlook in anticipation of...
Read morePound Sterling Trades Cautiously Ahead of BoE and Fed Rate Decisions
The Pound Sterling (GBP) is exhibiting limited movement as investors adopt a wait-and-see approach in anticipation of a significant week....
Read morePound Sterling Remains Subdued Ahead of Central Bank Announcements
In the European session on Monday, the Pound Sterling (GBP) displayed a lackluster performance, with investors adopting a cautious stance...
Read moreGBP/JPY Cross Remains Under Pressure Amid Middle East Tensions
The GBP/JPY cross has sustained a defensive stance for the fourth consecutive day, showing resilience just above the mid-187.00s. The...
Read moreGBP/USD Builds on Expectations for BoE Hawkishness
The GBP/USD pair continues its upward trajectory for the second consecutive session, edging near 1.2740 during Asian trading hours on...
Read morePound Sterling Plummets on Bleak Retail Sales Data As Rising Inflation
The Pound Sterling (GBP) experienced a sharp decline as the United Kingdom's Office of National Statistics (ONS) released disheartening Retail...
Read moreGBP/USD Gains Amidst Easing Rate Cut Speculations
The GBP/USD pair is making gains below the 1.2700 barrier in the early European session on Thursday. Registering positive moves...
Read moreHot UK Inflation Data Boosts Pound Sterling as BoE Rate Cut Odds Diminish
In the wake of robust UK inflation data, the likelihood of a Bank of England (BoE) rate cut in the...
Read moreEUR/GBP Edges Higher on UK Average Earnings Dip
In the early European session, EUR/GBP has registered a modest uptick following the release of UK average earnings data for...
Read morePound Sterling Faces Sell-Off
The Pound Sterling (GBP) is experiencing a significant sell-off, driven by lingering uncertainty surrounding the Bank of England's (BoE) restrictive...
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