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GBPUSD - GBP/USD Forecast: Pound Sterling could correct lower on risk aversion

29-05-2024 01:33

If GBP/USD falls below 1.2760-1.2750 (Fibonacci 78.6% retracement of the latest downtrend, mid-point of the ascending regression channel) and starts using that area as resistance, it could extend its ...

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EUR/USD, GBP/USD, DXY Forecast: DXY Up 0.12%; Beige Book in Focus

With the Dollar Index (DXY) rising to 104.635, markets await the Beige Book for further economic insights. Can EUR/USD and GBP/USD hold their ground?

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Pound Sterling Price News and Forecast: GBP/USD trades with a mild negative bias near 1.2760

The British Pound demonstrated its resilience against the Greenback on Tuesday, maintaining its gains as traders in the UK and the US returned after a long weekend. The GBP/USD is currently trading at ...

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British Pound Sentiment Analysis and Outlook: GBP/USD, EUR/GBP, GBP/JPY

In this article, we examine market sentiment on the British pound through a detailed analysis of GBP/USD, EUR/GBP, and GBP/JPY. We also assess potential near-term outcomes based on retail sector ...

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GBP/USD Analysis Today 28/5: Uptrend Gains Momentum (Chart)

GBP/USD is expected to extend its journey towards the top end of its 2024 range in the coming days, but a strong US PCE inflation reading at the end of the week could turn the tide. Recently, GBP/USD ...

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