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GBPUSD - GBP/USD Forecast: Sellers could take action with a drop below 1.1920
GBP/USD has managed to stage a recovery on upbeat PMI data. 1.1920 aligns as key support in the near term. The pair could shake off the bearish pressure if it clears 1.2000. After having dropped ...
GBP/USD Price Analysis: Bears Ignite amid Downbeat UK Retail Sales
Today's GBP/USD price analysis is bullish as UK retail sales came in higher than investors had expected for June.
GBP/USD now seen within a consolidative range – UOB
In the opinion of FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang, GBP/USD seems to have now moved into a consolidative phase, likely between 1.1890 and 1.2055. Key Quo ...
Pound US Dollar Exchange Rate News: GBP/USD Softens as Inflationary Pressures Weigh on Market Mood
The Pound (GBP) is under pressure today as soaring inflation continues to weigh on the UK economy. After yesterday’s hotter-than-expected CPI inflation, soaring prices to both fuel and food are set to ...
GBP/USD Price Forecast – The British Pound Continues to Show Hesitation
The British pound has continued to show hesitation to break above the 1.20 level, an area that is an obvious resistance barrier.