GBP/USD

Geopolitics and central banks are likely to see GBP/USD thrown into the 'blender' in Coming weeks. GBP/USD has perked up beyond a key resistance line that could open the flood gates towards 1.2300, if not 1.2600.  On the downside, as volatility increase, 1.2000 is the critical support...

GBP/USD is struggling around 1.2100 after a dismal GDP report. Concerns over Brexit and trade are likely to set the tone for the day. Friday's four-hour chart is pointing to additional falls. Blame it Brexit or call it temporary – the UK has squeezed for the first time since 2012 and an...

GBP/USD has been trading in a narrow range amid a calmer market mood. The ongoing Brexit impasse is weighing on the pound. Thursday's technical chart is showing the pair holds onto the uptrend channel. Can cable traders finally enjoy the summer or is this the calm before the next storm? Trade...

GBP/USD has been trading in a narrower range as markets are somewhat calmer. Tensions between the UK and the EU have intensified around Brexit. Wednesday's four-hour chart is showing GBP/USD is trading within an uptrend channel. "The EU must appreciate that we are leaving on October 31st...

GBP/USD has been recovering amid trade-related USD weakness. The chances of a no-deal Brexit are rising and may weigh on the pound.  Tuesday's four-hour chart is mixed. The pound is recovering – but mostly against the US dollar – and this may be unsustainable. The US-Sino...

GBP/USD has been falling amid speculation of new elections. Fears of a hard Brexit and the intensifying trade war are set to weigh. Monday's technical picture looks favorable for sellers. UK PM Boris Johnson said he only wants to fulfill a campaign promise – but political analysts have...

GBP/USD has hit a fresh two-year low after the Fed's hawkish decision. The Bank of England's rate decision and preparations for a hard Brexit are set to dominate trading today. Thursday's four-hour chart suggests mild oversold conditions. A dead-cat bounce tends to be followed by a...

GBP/USD has been stabilizing after suffering significant falls earlier. Fears of a hard Brexit and the Fed decision are eyed. Wednesday's technical chart is mixed for GBP/USD. Sterling has found some stability – but Boris Johnson's blame game may send it lower. The PM – hardly...

GBP/USD has been extending its massive sell-off, falling to 29-month lows. Boris Johnson's refusal to meet his European peers is weighing heavily. Tuesday's daily chart is pointing to oversold conditions, implying a bounce. When it rains, it pours – GBP/USD has lost over 250 pips in...

Persistent fears of a no-deal Brexit continue to cap any attempted up-move. The prevalent USD bullish sentiment further adds to the bearish pressure. Traders look forward to the US Q2 GDP print for some meaningful impetus. The GBP/USD pair built on the previous session's rebound from weekly...

GBP/USD has been rising ahead of Boris Johnson's entry into No. 10. Johnson's first speech as PM and his pick of Chancellor are critical. Wednesday's technical chart shows that downside momentum has waned. Boris Johnson, PM – a moment that many believed will never come is...

The UK political developments add to the Brexit-related uncertainty and weighed on the GBP. Tempered Fed rate cut expectations underpinned the USD and exert some additional pressure. The GBP/USD pair failed to capitalize on an intraday uptick beyond the key 1.2500 psychological mark and met with...

GBP/USD bounces off the sub-1.2400 area. Sterling rallied as ‘no deal’ option lost some traction. Boris Johnson still leads the run-up to be Prime Minister. The British Pound rallied on Thursday, managing at the same time to leave behind fresh lows in sub-1.2400 levels, after the...

A goodish pickup in the US bond yields extended some support to the USD and capped gains. Fed rate cut expectations should limit any meaningful USD uptick and help limit the downside. Investors might refrain from placing fresh bets ahead of Tuesday’s UK monthly jobs report. The GBP/USD pair...

A goodish pickup in the US bond yields extended some support to the USD and capped gains. Fed rate cut expectations should limit any meaningful USD uptick and help limit the downside. Investors might refrain from placing fresh bets ahead of Tuesday’s UK monthly jobs report. The GBP/USD pair...