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The GBP/USD price analysis indicates a weaker UK labor market, increasing expectations for Bank of England rate cuts.
Sterling’s depreciation after the U.K. employment data should remain limited as the Bank of England is likely to stick to gradual interest rate cuts, Monex Europe said.
Scope for GBP to drop to 1.2835; given the oversold conditions, the major support at 1.2800 is unlikely to come under threat. In the longer run, slight buildup in momentum indicates GBP is likely to ...
This week's key event for Pound Sterling arrives on Tuesday when the UK releases wage and employment data. These numbers are ...
The GBP/USD weekly forecast points south amid a drop in BoE rate cut expectations and a stronger dollar after Trump’s win.
Investors are betting on a rebound for the pound, a sudden u-turn from just 10 days ago when the UK’s big-spending budget ...
GBP/USD ebounded stronglyon Thursday as sterling attracted buyers after Bank of England cut rates by 25bps . Monetary Policy ...
The GBP/USD exchange rate retreated for six consecutive weeks, reaching its lowest level since August 12. It has retreated by almost 4% from its highest level this year as traders focus on the US ...
The FTSE 100 and the FTSE 250 erase early gains to fall, with a drag from Unilever and AstraZeneca shares ...
The British pound has been fairly strong during the trading session on Friday as the jobs number in the United States came ...
The GBP/USD exchange rate plunged to its lowest point in weeks, while UK bond yields soared as traders reacted to Rachel ...