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GBPUSD - GBP/USD outlook: Risk aversion continues to pressure
GBPUSD fell to the lowest in three weeks in early Thursday, pressured by renewed risk aversion on growing concerns that interest rates would stay high for longer period.
GBP to USD Forecast: Sterling’s Slide Amid Economic Woes and Geopolitical Tensions
The GBP/USD was under pressure on Thursday morning. Macroeconomic indicators suggest the BoE will cut interest rates before the Fed in 2024.
GBP/USD Forecast: Pound Sterling Hits Weekly Lows Amid UK Economic Pessimism
Sterling remained bid off the back of disappointing UK PMIs and loose labour market data earlier in the week. GBP sentiment continued to sour throughout Wednesday’s session as ongoing signs of slowing ...
GBP/USD Falls Ahead of High Importance US Data
The attempt to build on bullish price action stalled and ultimately reversed ahead of 1.2345 and GBP/USD now looks more likely to test support at the prior swing low of 1.2039, followed by the ...
GBP/USD At Risk of Freefall if 1.2000 Psychological Level is Broken
GBP/USD faced a trendline rejection and renewed selling pressure making a return to recent lows. Are we in for fresh lows or a period of consolidation ahead of Central Bank Meetings?