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4/23/2021 5:02:21 PM GMT GBP/USD has failed to break above 1.40 as markets struggle for direction. The US Fed decision and GDP data stand out as the month draws to a close.  Late April's daily chart is painting a mixed technical picture. Bullish takeover? Close, but no cigar. The upbeat market mood and optimism about Britain's vaccines have been met by concerns about the virus and a hesitant market mood. The focus now shifts to the US, with the all-important Fed decision and the first look at US growth in 2021.  This week in GBP/USD: Attack on 1.40 fails Fresh virus alarm: The world has be...

Apr 23, 2021 19:19 GMTOpinions GBP/USD has failed to break above 1.40 as markets struggle for direction. The US Fed decision and GDP data stand out as the month draws to a close.  Late April’s daily chart is painting a mixed technical picture. Bullish takeover? Close, but no cigar. The upbeat market mood and optimism about Britain’s vaccines have been met by concerns about the virus and a hesitant market mood. The focus now shifts to the US, with the all-important Fed decision and the first look at US growth in 2021. This week in GBP/USD: Attack on 1.40 fails Fresh virus alarm: The worl...

Following GBP/USD Weekly Forecast: Sterling's recovery hinges on top-tier UK data, further Fed speculationANALYSIS | 4/16/2021 3:20:39 PM GMT GBP/USD has managed to edge higher amid the UK reopening and dollar weakness.  UK jobs, inflation and other figures are set to rock the pound.  Mid-April's daily chart is painting a mixed technical picture for the currency pair. The FX Poll is pointing to a bearish move in the short term and a bullish turn afterward. Brits are back to the pubs after 97 dry days, and this great British reopening has been ...

Apr 16, 2021 17:23 GMTOpinions GBP/USD has managed to edge higher amid the UK reopening and dollar weakness.  UK jobs, inflation and other figures are set to rock the pound.  Mid-April’s daily chart is painting a mixed technical picture for the currency pair. The FX Poll is pointing to a bearish move in the short term and a bullish turn afterward. Brits are back to the pubs after 97 dry days, and this great British reopening has been one of cable’s boosters, alongside inflation-related dollar weakness. Apart from covid news, GBP/USD is set to rock in response to a series of top-tier UK ...