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GBP’s ongoing downward correction looks set to continue amid signs of cooling labor market conditions and price pressures. What is the outlook for GBP/USD, GBP/JPY, and GBP/AUD and the key levels to watch?
The euro appears to have garnered some cushion for now, thanks to the apparent shift in Fed rhetoric. The question then comes up is this a game changer for EUR/USD? What about EUR/AUD and EUR/NZD?
After weeks of losses, GBP is attempting to rebound as Fed rate hike expectations scale back ahead of the key US inflation and UK GDP data. What is the trend in GBP/USD, EUR/GBP and GBP/AUD?
Developments on the technical charts indicate that the USD’s rally is beginning to show tentative signs of fatigue, pointing to a minor pause in the near term. What is the outlook for EUR/USD, GBP/USD, and USD/JPY?
GBP managed to find some support toward the end of last week after the UK economy grew faster than expected. However, the support could turn out to be short-lived. What’s next for GBP/USD, EUR/GBP and GBP/AUD?