Pound Sterling Looks To Break Out Of Sideways Channel
Yesterday brought a host of positive news for the sterling. Although the growth in the slowed, the data was well above the forecast. The growth pace slowed down to 3.7%… Read more »
Tag: Pound
British Pound Technical Analysis – GBP/USD, EUR/GBP, GBP/CHF
British Pound, GBP/AUD, EUR/GBP, GBP/CHF – Talking Points GBP/USD appears to be stalling after rallying from recent lows EUR/GBP and GBP/CHF have held ranges as highs and lows tested Is… Read more »
British Pound Continues to Power Ahead
I anticipate that somewhere between here and the 1.37 level we will find selling pressure that could send this much lower. The British pound rallied significantly on Tuesday to reach… Read more »
Pound Struggles to Recover the 1.35 Level
I still favor fading these rallies as they occur after the previous two massive red candles that formed this week. It shows impulsivity to the downside after all. The British… Read more »
British Pound Technical Analysis – GBP/USD, GBP/CAD, GBP/NZD
British Pound, GBP/AUD, GBP/CAD, GBP/NZD – Talking Points GBP/USD volatility took off as sterling plunged and now scopes new lows The move lower in GBP/CAD might have momentum but wider… Read more »
Pound Dips After Mini-Rally | Investing.com
The British pound is in negative territory in the Friday session. is currently trading at 1.3682, down 0.27% on the day. BoE stays pat, but pound jumps The held the… Read more »
British Pound Pierces Major Uptrend Line
I still look at short-term rallies as potential selling opportunities, on signs of exhaustion. The British pound fluctuated on Monday, waiting for the FOMC. The 1.36 level underneath is major… Read more »
Expert explains why Britain needs a digital pound
The United Kingdom Chancellor of the Exchequer announced the launch of a CBDC task force this week, bringing together the Bank of England and Her Majesty’s Treasury to coordinate the exploration… Read more »