GBP/USD climbs after Bailey’s dovish comments

Posted by Kenny Feb 20, 2024 Share 0

The British pound is higher on Tuesday. In the North American session, GBP/USD is trading at 1.2650,...

Week Ahead Europe – Eurozone inflation and PMI surveys eyed

Posted by Craig Feb 16, 2024 Share 0

Is a March rate cut from the ECB still possible? UK surveys eyed as the economy falls into re...

GBP/USD yawns as UK retail sales soar

Posted by Kenny Feb 16, 2024 Share 0

The British pound has edged lower on Friday. In the European session, GBP/USD is trading at 1.2578, ...

GBP/USD – UK in recession but that’s unlikely to sway the BoE yet

Posted by Craig Feb 15, 2024 Share 0

UK GDP -0.3% in Q4 and -0.1% in December BoE not concerned about recession GBPUSD momentum...

Pound extends losses after UK inflation unchanged

Posted by Kenny Feb 14, 2024 Share 0

The British pound continues to lose ground on Wednesday. In the European session, GBP/USD is trading...

GBP/JPY – Eases from highs after weaker UK inflation data

Posted by Craig Feb 14, 2024 Share 0

UK inflation unchanged in January Markets expect BoE rate cut in Q2 GBPJPY pares gains aft...

GBP/USD volatile after UK jobs, US inflation data

Posted by Kenny Feb 13, 2024 Share 0

It has been a hectic day for the British pound, after key releases on both sides of the pond. In Tue...

EUR/GBP – A step in the right direction for the UK but BoE will remain cautious

Posted by Craig Feb 13, 2024 Share 0

UK wage growth slows to 5.8% (inc bonus) and 6.2% (exc bonus) in December CPI eyed tomorrow w...

GBP/JPY – Testing highs ahead of key UK economic data

Posted by Craig Feb 12, 2024 Share 0

UK wage growth key to BoE sustainably hitting inflation target GBPJPY struggling near recent ...

GBP/USD eyes Bailey, jobs report

Posted by Kenny Feb 12, 2024 Share 0

The British pound is showing limited movement at the start of the week. In Monday's North American s...

Week Ahead Europe – A big UK data drop, ECB speakers and eurozone GDP

Posted by Craig Feb 9, 2024 Share 0

Will ECB policymakers leave the door open to a March rate cut? UK data eyed amid division at ...

Hedging the Markets – A significant GBP/USD breakout after US jobs data? (video)

Posted by Craig Feb 8, 2024 Share 0

OANDA Senior Market Analyst Craig Erlam discusses the breakout seen in GBPUSD after last week's US j...

GBP/USD – A bearish reversal at a key Fib level?

Posted by Craig Feb 7, 2024 Share 0

Fed policymakers sticking to the script US data continues to point to a strong economy Fib...

GBP/USD – Breaks key support amid strong US economic figures

Posted by Craig Feb 6, 2024 Share 0

Traders pare rate cut expectations after strong US data UK households remain cautious with sp...

GBP/USD: Poised for potential bullish breakout ex-post BoE

Posted by Kelvin Feb 2, 2024 Share 0

BoE offered dovish guidance but projected that inflation may run hot again in Q1 2025. GBP ha...

Hedging the Markets – GBP/USD remains rangebound as Fed and BoE hold

Posted by Craig Feb 1, 2024 Share 0

OANDA Senior Market Analyst Craig Erlam discusses the moves in GBPUSD after the Federal Reserve and ...

British pound higher as BoE holds rates

Posted by Kenny Feb 1, 2024 Share 0

The British pound is higher on Thursday. In Tuesday's North American session, GBP/USD is trading at ...

EUR/GBP – Eurozone narrowly avoids recession as UK sees more progress on inflation

Posted by Craig Jan 30, 2024 Share 0

Eurozone records zero growth in Q4 UK shop prices rise at a slower pace in January EURGBP ...

British pound edges lower as shop inflation drops

Posted by Kenny Jan 30, 2024 Share 0

The British pound is lower on Tuesday. In the European session, GBP/USD is trading at 1.2680, down 0...

GBP/USD – Consolidation as traders eye BoE and Fed meetings

Posted by Craig Jan 29, 2024 Share 0

Fed could signal a March rate cut is on the cards Will the BoE forecasts offer any insight on...