GBP/USD Weekly Outlook: Pound Sterling eyes US inflation, UK GDP data for a fresh direction
Sustained USD weakness helped the Pound Sterling build on its recovery momentum, driving GBP/USD to test the 1.2550 level – its highest point in a month. The turnaround, however, was short-lived as ...
Pound Sterling gives up gains against USD after US NFP release
The Pound Sterling falls back to near 1.2400 against the USD after the release of the US NFP data for January.
Pound slides on BoE rate cut as investors fret about 'stagflation'
Investors grappled with a gloomy set of Bank of England forecasts on Thursday that complicate the outlook for UK assets, with ...
Sterling Extends Losses After BOE Cuts Rates
Sterling was weaker against the dollar after the BOE cut interest rates by 25bp, a decision that was widely expected, but two members preferred a 50 basis-point reduction, which analysts hadn’t ...