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GBPUSD - GBP/USD Testing 1.2700 as USD Picks Up a Bid, UK Manufacturing Expands in May
IG Retail data shows 37.42% of GBP/USD traders are net-long with the ratio of traders short to long at 1.67 to 1.The number of traders net-long is 4.10% higher than yesterday and 3.01% higher than ...
EUR/USD, GBP/USD, DXY Forecast: DXY Steady Near $104.60; Eyes on Manufacturing Figures
As DXY hovers around $104.60, EUR/USD at $1.08530 and GBP/USD at $1.27365 await crucial manufacturing reports.
GBP/USD Weekly Forecast: Pound Sterling looks at 1.2800 in US data-packed week
The Pound Sterling needs acceptance above 1.2800 to sustain the bullish momentum. The Pound Sterling (GBP) tested 1.2800 against the US Dollar (USD) this week, as the GBP/USD pair hit a new two-month ...
EUR/USD, GBP/USD, DXY Forecast: Dollar at 104.84, Inflation Figures in Focus
Dollar Index climbed to 104.845, up 0.08%, on positive market sentiment. GBP/USD fell to 1.27177 despite better-than-expected housing data and mortgage approvals. The Dollar Index is currently priced ...
Pound Sterling Price News and Forecast: GBP/USD sellers could take action if 1.2700 support fails
GBP/USD benefited from the selling pressure surrounding the US Dollar (USD) and closed the day in positive territory on Thursday. Although the pair manages to hold above 1.2700 in the European session ...