GBP/USD: Break below 1.1730 on the cards on the back of USD strengthening – ING
After having registered small daily gains on Thursday, GBP/USD has reversed its direction. A break
Financial and Business News
After having registered small daily gains on Thursday, GBP/USD has reversed its direction. A break
GBP/USD meets with a fresh supply on Friday and slides back below the 1.1800 mark.
GBP/USD picks up bids to print mild gains, pares weekly losses. US dollar bears the
UK Manufacturing PMI contracts to 46.0 in August, a big miss. Services PMI in the
GBP/USD struggles to gain any meaningful traction and oscillates in a range on Wednesday. The
GBP/USD continues losing ground for the fourth straight day and drops to a fresh monthly
After having lost nearly 300 pips last week, GBP/USD has failed to stage a rebound.
The UK Retail Sales came in at 0.3% MoM in July, a positive surprise. Core
The GBP/USD rate has broken back below the 1.2000 level. In the view of economists
GBP/USD is off the lows but remains weak amid broad USD strength. The US dollar