GBP/USD

GBP/USD Current Price: 1.3158 UK Services sector stabilized in December, according to Markit. UK PM Johnson to discuss a trade deal with the US in the upcoming months. GBP/USD mild-bullish short-term stance, gains limited to 1.3284. The GBP/USD pair surged to 1.3174, as panic selling stalled mid...

GBP/USD Current Price: 1.3133 The December UK Markit Manufacturing PMI came in at 47.5, missing the market’s expectations. Markit will release this Friday the December Construction PMI, expected at 45.9. GBP/USD would likely accelerate its decline once below the 1.3100 figure. The GBP/USD...

GBP/USD Current Price: 1.3117 UK Parliament will resume debating the Withdrawal Agreement Bill next Tuesday. Long holiday ahead with no data scheduled to be released in the UK. GBP/USD technically bullish in the short-term, battling with critical Fibonacci level. The GBP/USD pair benefited once...

GBP/USD Current Price: 1.2936 Concerns about a hard-Brexit exacerbated by Withdrawal Bill passing the Parliament. Irish PM Varadkar indicated that the UK PM is embarking on a “harder Brexit than we anticipated.” GBP/USD bearish and about to challenge December low at 1.2895. The GBP/...

GBP/USD Current Price: 1.3016 The Bank of England left its monetary policy unchanged as expected. UK Q3 GDP and Commons voting on the Brexit bill this Friday. GBP/USD pierced 1.3000, retains its bearish stance in the short-term. The GBP/USD slump continued this Thursday, with the pair bottoming...

GBP/USD Current Price: 1.3081 UK inflation came in slightly better than anticipated in November, still below BOE’s target. UK PM Johnson speeding Brexit preparations, to announce government’s priority this Thursday. GBP/USD will likely accelerate its decline on a break below 1.3050 the...

GBP/USD Current Price: 1.3121 UK PM Johnson plans to prevent an extension of the Brexit’s transition period. UK employment data mixed, wages’ growth above expected. GBP/USD at risk of extending its slump after piercing 1.3100. The GBP/USD pair plummeted this Tuesday, touching a low...

GBP/USD Current Price: 1.3336 UK PM Johnson to bring the Brexit bill to Parliament next Friday. UK Markit manufacturing and services indexes contracted further in December. GBP/USD at risk of extending its bearish correction toward 1.3190. The GBP/USD pair has spent the first day of the week...

Massive Conservative majority may expedite passing Brexit and provide certainty.  Johnson's personal mandate may allow him to ignore the demands of hard-Breixteers. The people behind the campaign are likely to push for business-friendly policies. "Do or die" was one of Prime...

GBP/USD Current Price: 1.3198 UK data missed the market’s expectations but didn’t affect the Sterling. Hopes that UK PM Johnson will win the general election persist. GBP/USD holding near a multi-month high, firmer advance expected once above 1.3220. The GBP/USD pair has reached a...

GBP/USD Current Price: 1.2898 The latest UK election poll showed that Conservatives lead narrowed to 7.0%. The UK CBI Distributive Trade Survey on realized sales surprised on the upside in November. GBP/USD held above a critical mid-term support at around 1.2810. The Pound was the exception to...

GBP/USD slips below 1.2900, but finds support at 1.2875. The short-term perspective turns slightly bearish, but remains neutral in the daily chart. The GBP/USD pair retreated on Thursday and briefly dropped below the 1.29 mark, dragged down by a stronger dollar across the board, amid lack of...

GBP/USD underpinned by UK election polls; Conservative Party surpasses 40%. Cable keeps the positive tone, key resistance seen at 1.3012. The British pound strengthened on Monday and reached a four-week high versus the US dollar as recent polls suggested Prime Minister Boris Johnson's...

GBP/USD Current Price: 1.2877 UK Retail Sales fell in October, Sterling keeps ignoring macro figures. Hopes for a Brexit deal persist ahead of the UK general election. GBP/USD neutral-to-bullish, trading at the upper end of its latest range. The GBP/USD pair has recovered within range, extending...

GBP/USD Current Price: 1.2839 UK inflation came in below the market’s expectations in October. Conservatives keep leading polls, underpinning hopes for a deal Brexit. GBP/USD unable to attract investors, neutral above 1.2800. The GBP/USD pair is ending the American session with a second...