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GBPUSD - US Dollar Price Forecast: DXY Tightens Before FOMC Minutes – GBP/USD and EUR/USD Outlook Set to Slide?
DXY coils near 97 ahead of FOMC minutes as rate cut bets rise, while GBP/USD and EUR/USD test key support in a fragile forex setup.
GBP/USD extends losses below 1.3600 as UK labour data disappoints
The Pound (GBP) accelerated its reversal against the US Dollar (USD) on Tuesday, dipping below 1.3600 and reaching session lows around 1.3570 at the time of writing.
Pound Sterling trades with negative bias; GBP/USD eyes 1.3600 ahead of UK jobs data
The GBP/USD pair trades with a negative bias for the second straight day, though it lacks bearish conviction and holds above the 1.3600 mark through the Asian session on Tuesday.
GBP/USD: Eyes a Rebound Ahead of UK Inflation Data
The GBP/USD exchange rate wavered after a report showed that the UK economy slowed in the fourth quarter of last year. It also remained in a tight range after a report showed that the US inflation ...
GBP/USD Chart Analysis: Uptrend Intact But Short-Term Bias Turns Neutral
At the time of writing, GBP/USD trades at 1.361515, down -0.03% on the day, with price action consolidating following the strong rebound seen on February 6. Recent daily closes show momentum cooling ...