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GBPUSD - GBP/USD Forecast: Pound Sterling could face strong resistance at 1.2670
The 100-day, 50-day and the 20-day Simple Moving Averages (SMA) converge and form strong resistance at 1.2670 for GBP/USD. In case the pair clears that hurdle, technical buyers could take action and ...
EUR/USD, GBP/USD, DXY Price Forecast: CPI, FOMC Set to Stir Markets
The EUR/USD pair, trading near 1.08586, and GBP/USD, slightly up at 1.26592, both reflect cautious market optimism. Today’s minor events, including the NFIB Small Business Index and RCM/TIPP Economic ...
Pound To Dollar Rate Outlook For Week Ahead: GBP/USD To Outperform This April?
The Pound to US Dollar (GBP/USD) exchange rate traded in a wide range last week as a multitude of mixed US data releases infused volatility into the currency pairing. At the time of writing the ...
GBP/USD Weekly Forecast: Pound Sterling looks to recover recent losses as focus shifts to US inflation
The Fedspeak likely triggered a sharp pullback in the US Treasury bond yields, prompting the US Dollar to turn south. However, a fresh bunch of Fed speakers on Thursday tempered Fed rate cut bets with ...
US Dollar’s Outlook Rides on US Inflation Data - EUR/USD, USD/JPY, GBP/USD
The U.S. dollar lost ground this past week, but the tide could turn back in its favor in the coming days, especially if Wednesday's U.S. inflation report surprises to the upside and triggers a hawkish ...