GBPUSD Slumps As BoE Votes 6-2 To Hold Policy Unchanged
The Bank of England has left interest rates unchanged with only two of its MPC members voting in favour of a hike this month.
GBP/USD
GBPUSD Forecast July 19, 2017, Technical Analysis
The British pound initially tried to rally on Tuesday but found a ton of resistance near the 1.3125 level.
GBPUSD Rebounds On Better Than Expected UK Wages And Jobs Data
Over the past week and a half, market participants have been forced to reduce their Bank of England rate hike expectations due to the recent soft patch in UK economic data.
GBPUSD Countertrend Play Jun 30, 2017
The ascending channel on Cable’s daily time frame is still intact and price is heading towards the resistance around 1.3400. A countertrend opportunity could arise if reversal candlesticks form around this area.
GBPUSD Forecast June 28, 2017, Technical Analysis
The British pound initially went sideways during the day on Tuesday, and then broke higher, reaching towards the 1.2775 level. Above there, I think the 1.28 level offered resistance, so if we can break above there I think that the market could then go to the 1.30 handle.
GBPUSD Forecast June 27, 2017, Technical Analysis
The British pound gapped higher at the open on Monday, and then reached to the 1.2750 level.
GBPUSD Could Drop Below 1.26 If BoE Is Dovish
The Bank of England’s Monetary Policy Committee is almost certain to keep interest rates unchanged today despite inflation rising well above its 2% target.
GBPUSD Drops On Soft UK Earnings Ahead Of US CPI And FOMC
The GBPUSD started the day how it ended yesterday: higher. Speculators were still felling bullish after the stronger UK inflation figures had raised the prospects that the Bank of England may turn hawkish.
GBPUSD Forecast June 5, 2017, Technical Analysis
The GBPUSD pair initially fell during the day on Friday, and saw quite a bit of volatility after the jobs number came out in the United States less than anticipated.
Pound tumbles then bounces as FTSE hits record
What a comedy show this is turning out to be. Last night saw sterling tumble after research by the Times newspaper and YouGov suggested that there could be a hung parliament.