GBP/USD poised for six-month weekly rise, boosted by UK data, BoE tightening expectations – by christianborjon GBPUSD Currencies Majors
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GBP/USD Price Analysis: Eyes 1.2700 as Fed-BoE policy divergence sets to squeezeThe GBP/USD pair has witnessed a halt after a recovery extension to near 1.2670 in the European session. The Cable is expected to resume its upside jo
Read more »
GBP/USD refreshes annual high at 1.2830 as BoE prepares for further policy-tighteningThe GBP/USD pair has printed a fresh annual high at 1.2830 in the early American session. The Cable has shown resilience as the Bank of England (BoE)
Read more »
GBP/USD retreats from YTD high as Fed holds rates steady signals further tighteningGBP/USD dropped after the US Federal Reserve (Fed) held rates unchanged, in a buy-the-rumor, sell-the-fact reaction, as the GBP/USD is set to erase so
Read more »
GBP/USD Price Analysis: Hourly support structures are eyedGBP/USD was higher on the day as it approached 1.27 the figure ahead of the Federal Reserve on Wednesday. It reached its strongest level since April 2
Read more »
GBP/USD slips below mid-1.2600s, away from over one-year top set on WednesdayThe GBP/USD pair edges lower during the Asian session on Thursday and moves further away from its highest level since April 2022, around the 1.2700 ma
Read more »
GBP/USD: Next on the upside comes 1.2790 – UOBIn the view of Economist Lee Sue Ann and Markets Strategist Quek ser Leang at UOB Group, further upside could now lift GBP/USD to the 1.2790 region in
Read more »