GBP/USD: Consolidation likely below the 1.4238/45 February high – Commerzbank
Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, explains that GBP/USD is likely
Financial and Business News
Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, explains that GBP/USD is likely
The UK launched a review of its tariffs levied against steel and aluminium imports from
UK Manufacturing PMI beats estimates with 66.1 in May. Services PMI in the UK eases
GBP/USD extended its sideways consolidative price action through the early European session. Upbeat UK Retail
GBP/USD accumulates mild losses in the Asian session. US Treasury yields push slightly higher lifts
GBP/USD regained positive traction on Thursday and recovered a part of the overnight losses. Retreating
GBP/USD caught some fresh bids on Wednesday amid renewed USD selling bias. Retreating US bond
The UK has taken additional major steps towards reopening its economy. Supported by the success
GBP/USD sinks like a stone on the FOMC minutes. The hawkish tone in the minutes
GBP/USD stays on course for a move to the 2021 highs at 1.4238, then 1.4377.