GBP/JPY weakens as risk-off flows lift the Japanese Yen despite upbeat UK GDP data. UK Q1 GDP beats forecasts, but BoE caution tempers Pound strength.…
The British pound initially did spike against the US dollar on Wednesday but has given back those gains as we continue to see a lot…
The Pound Sterling gains against its major peers on Thursday after the release of better-than-expected UK GDP data. Manufacturing and Industrial Production declined at a…
The Pound Sterling holds onto gains near 1.3300 against the US Dollar as the Greenback suffers after soft US inflation data for April. The US…
GBP/USD maintains position above 1.3300 after strong gains, focus turns to key UK, US data GBP/USD is trading around 1.3300 during Wednesday’s Asian session, stabilizing…
Pound Sterling faces pressure as soft UK labor market data paves way for BoE rate cuts The Pound Sterling (GBP) trades with caution against its…
The Pound Sterling faces pressure against its peers due to new data showing the UK labor market is cooling. Soft UK labor market data paves…
The Pound Sterling falls sharply below 1.3200 against the US Dollar after the US and China agree to reduce tariffs for 90 days by 115%.…
The Pound Sterling turns flat against the US Dollar around 1.3250 on Friday as investors sideline ahead of the US-China meeting over the weekend. Investors…
EUR/GBP falls sharply to near 0.8470 as the BoE retains a gradual rate-cut cycle approach and raises GDP growth forecasts for the year. The BoE…