Tag: GBP
GBPAUD Moves in a Bounded Range
Markets assume the Bank of England (BoE) will accelerate the pace of interest rate cuts which will weaken the Pound, whilst the Australian Dollar...
How Will the Pound Perform Ahead Of A Vital Week For The UK!
Economists expect the US inflation rate to remain at 3.0% or to drop to 2.9%. Also, economists expect Inflation excluding Food and Energy...
Pound Leads Currencies This Month Despite Upcoming Rate Cut!
The Pound continues to be the month’s best performing currency and attempts to break resistance levels as the currency rises close to a...
Political Dynamics and BOE Policy Overshadowing the Movement of Pound Sterling
GBPUSD strengthened to a price range of $1.2630 from a six-week low, as investors assessed the UK's monetary policy and political future.
Last week, the...
UK Inflation Drop Boosts GBP, But Analysts See Correction Signals
The NASDAQ forms its 5th bullish wave resulting in the index trading 8% higher this month alone. Investors are waiting for NVIDIA’s earnings...
The BoE To Cut Rates In September. US Employment Data Falters!
The UK economy experiences its strongest growth since August 2023, with Monthly GDP increasing 0.4%, four times higher than expectations.
The Bank of...
