British Pound Talking Points GBPUSD breaks out of the range-bound price action from earlier this month, with recent developments in the Relative Strength Index (RSI) foreshadowing a larger correction in… Read more »
Though higher against the greenback currently, currency analysts expect to see increasing volatility for the Pound Sterling as all avenues to a soft Brexit appear to close on the Prime… Read more »
The Pound Sterling failed to maintain positive momentum and gave back a portion of yesterday’s gains as market worries grow over the impending Brexit deadline. Though Angela Merkel, the Germany… Read more »
Prior to the release of YK retail prices, housing and inflation data by the UK Office of National Statistics, the Pound Sterling had been trading close to a 3-year… Read more »
GBP/USD posted sharp losses for a third straight week, as the pair fell 1.1% last week and fell to its lowest level since January 2017. The upcoming week will be… Read more »
GBP/USD posted sharp losses for a third straight week, as the pair fell 1.1% last week and fell to its lowest level since January 2017. The upcoming week will be… Read more »
EUR/GBP is consolidating below the 0.9300 figure. The retracement down can extend towards 0.9245 and 0.9230 levels in the short term. EUR/GBP daily chart EUR/GBP reached (yet again)… Read more »
GBP/USD posted sharp losses for a third straight week, as the pair fell 1.1% last week and fell to its lowest level since January 2017. The upcoming week will be… Read more »
Forex news for NY trading on August 9, 2019 In other markets: Spot gold fell $-8.66 or -0.58% at $1492.30 WTI crude oil futures settle up $1.73 or 3.29% at $54.27… Read more »
The is under pressure as fears grow that the UK economy could be heading for the first recession in a decade. UK made for grim reading as official figures showed… Read more »