GBP/USD Price Analysis: Struggles to hold above 1.3800, bearish bias remains
A combination of factors failed to assist GBP/USD to capitalize on its intraday uptick. The
Financial and Business News
A combination of factors failed to assist GBP/USD to capitalize on its intraday uptick. The
UOB Group’s FX Strategists noted Cable now moved into a consolidative phase between 1.3730 and
GBP/USD remains poised for weekly losses and continues to trade lower on Friday. US Dollar Index
Solid hard data endorsed strong surveys and if affirmed by BoE’s Agents Report and tilt
GBP/USD witnessed some selling on Thursday and eroded a part of the overnight gains. A
GBP/USD witnessed fresh selling on Thursday and reversed the previous day’s positive move. Resurgent USD
Cable is now seen navigating the 1.3730-1.3885 range in the next weeks, suggested FX Strategists
GBP/USD halts the previous session's daily gains on Thursday. UK Inflation data makes BOE's hawkish stance
Citing a source familiar with the matter, Reuters reported on Wednesday that British Prime Minister
GBP/USD regained positive traction on Wednesday and reversed the overnight losses. Hotter-than-expected UK CPI report