UK Preliminary Services PMI steadies at 53.4 in June vs. 53.0 expected
UK Manufacturing PMI drops to 53.4 in June, misses estimates. Services PMI in the UK
GBP/USD erases gains and retraces below 1.2300 post-Fed’s Powell appearance at the US Congress
UK inflation remains at 40-year highs and rose by 9.1% YoY. Fed Chief Powell commented
GBP/USD teases bears around 1.2250 ahead of UK inflation, Fed Chair Powell’s testimony
GBP/USD snaps two-day uptrend, flirts with intraday low at the latest. Brexit pessimism joins UK’s
GBP/USD climbs further beyond 1.2300 mark, lacks follow-through buying
GBP/USD gained traction for the second straight day amid broad-based USD weakness. The risk-on impulse
GBP/USD holds steady above 1.2200 amid modest USD weakness, lacks bullish conviction
GBP/USD gained some positive traction on Monday amid the emergence of some USD selling. The
GBP/USD fades Thursday rally and drops below 1.2200 post-Fed/BoE rate hikes
The GBP/USD will finish the week with losses close to 1%. Central bank divergence between
USD to strengthen further, notably against the EUR and GBP – HSBC
The Federal Reserve stepped up the pace of hikes with a 75 bps increase; economists
GBP/USD could sink into a 1.22-1.23 range for the time being – ING
The Bank of England (BoE) hiked interest rates by 25 bps to 1.25%, as was
GBP/USD struggles to find demand near 1.2350, Powell eyed
GBP/USD stalls its recovery mode just below 1.2350. US dollar holds the rebound despite the
BOE’s Pill: If we act too aggressively, would cause undesirable slowdown
"If we act too aggressively, the Bank of England (BOE) would cause an undesirable slowdown,"