Tag: GBPUSD

GBPUSD Soars as the Sunak Era Begins in the UK

GBPUSD – Talking PointsRushi Sunak takes office as new PM, third leader for UK in 2 monthsGBPUSD trades back through 50-day MA, resistance pens price in at 1.15USD weakness helps buoy Sterling as...

GBP/USD Gains Momentum, EUR/GBP Eyes Fresh Increase – Analytics & Forecasts – 24 October 2022

GBP/USD started a recovery wave and climbed above the 1.1300 resistance. EUR/GBP is trading above the 0.8650 support and might eye a fresh...

GBP/USD eyes 1.10 again on stronger dollar, UK outlook still short of confidence

We're seeing another fresh round of bids in the dollar as Treasury yields continue to pull higher on the day. 10-year yields are up nearly 10 bps to 4.32% and that is keeping...

British Pound Technical Analysis: GBP/USD, GBP/JPY, EUR/GBP

British Pound Talking Points:GBP continues to get driven by headlines with this morning’s announcement of yet another leadership change at the PM spot for the UK.While GBP/USD has shown a number of short-term...

GBP/USD Dips as UK Inflation Rises Beyond 10%

UK CPI Key Points:UK CPI Rose 10.1% Annually, up from 9.9% in August.The Largest Contribution to the Increase was from Food Prices (14.8% vs 13.4% in August), Namely Oils, Fats and Dairy Products.The...

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