British Pound (GBP) Forecast: GBP/USD Unmoved in Early Trade as U.S. Celebrates Juneteenth
Little has changed in GBP/USD price action since last week as traders look ahead to key economic data later this week.
Source: dailyfx.com
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Weekly British Pound (GBP) Forecast: Inflation in Focus Again as Weak Pound Continues to Hurt UK Consumers
The pound has fought back this week but continues to be overshadowed by a robust dollar, while upcoming economic releases should maintain current GBP/USD volatility.
Source: dailyfx.com
British Pound (GBP) Forecast: 50bps Rate Hike Off the Table as UK Unemployment Rises?
The UK’s unemployment miss may hold sway over the upcoming BoE rate decision to maintain a 25bps hike while GBP/USD looks prepared for a push lower.
Source: dailyfx.com
British Pound (GBP) Forecast: EUR/GBP at the Mercy of ECB
EUR/GBP awaits the ECB interest rate decision and press conference later today for directional bias, while key technical chart patterns unfold.
Source: dailyfx.com
British Pound (GBP) Forecast: Political Uncertainty Adds to Gloomy UK Growth Outlook
GBP/USD continues to move sideways after Boris Johnson’s no-confidence vote enhances an already grim expectation of the pound.
Source: dailyfx.com