The pair is now running into a fresh test of the 200-hour moving average (blue line) at 1.1191 as we see a quick tumble in cable from 1.1250 to 1.1190 - down 1.2%...
A snippet from RBC on what they see for the Bank of England and cable ahead. On the BoE, RBC say that the terminal rate of approximately 6% "priced into the market (including...
GBP/USD OUTLOOK:GBP/USD bounces off technical support and resumes its recovery on TuesdayBroad-based U.S. dollar weakness bolsters the British poundDespite today’s moves, uncertainty about the UK’s fiscal-monetary policy mix will remain a headwind for...
GBP/USD struggled to clear 1.1500 and corrected lower. USD/CAD is rising and might climb further above the 1.3800 resistance. Important Takeaways for GBP/USD...
