GBP/USD Price Analysis: Further downside opening up towards 1.2650
GBP/USD remains vulnerable despite oversold on the daily chart. Risk-aversion, Fed-BOE contrast and weak UK
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GBP/USD remains vulnerable despite oversold on the daily chart. Risk-aversion, Fed-BOE contrast and weak UK
GBP/USD witnessed aggressive follow-through selling for the third successive day on Monday. Signs that the
The US dollar could start to lose ground on a three to six month perspective
The UK Retail Sales came in at -1.4% MoM in March, a downside surprise. Core
GBP/USD witnessed aggressive selling on Friday and plunged to its lowest level since November 2020.
GBP’s rebound from sub-1.30 levels extended into the high-1.30s today before selling pressure emerged near
GBP/USD pressured at hourly resistance as markets monitor central banks. Money markets are pricing in
The downside momentum is expected to pick up pace if GBP/USD breaks below the 1.2940
Sustained USD buying dragged GBP/USD lower for the fourth successive day on Tuesday. The bias
GBP/USD has seen some dips below the psychological support of 1.30. Economist at ING expect