Tag: Pound Sterling

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Weekly Outlook: GBP/USD Forecast and Analysis

Last week, GBP/USD saw a rise to 1.3043 before pulling back. This week, the initial bias is neutral as the currency pair looks to...
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GBP/USD Forecast: Weekly Analysis and Predictions

The GBP/USD pair saw a significant breakthrough last week, surpassing the 1.2859 resistance level and confirming a continuation of the rally that began at...
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GBPUSD Surges Towards 2024 Highs – Latest Forex Analysis

GBPUSD has been showing signs of strength as it bounces back from its 50-day SMA, reaching its highest level since June 12. Momentum indicators...
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Pound Sterling Rises as UK Starmer Wins and Fed Rate-Cut Bets Increase

The Pound Sterling is showing strength against the US Dollar as expectations for Federal Reserve rate cuts in September have increased. This positive momentum...
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UK Pound Sterling Strengthens Amid Softening US Wage Growth and UK Labour Majority Hold

The Pound Sterling has shown remarkable strength in the currency market, especially after the recent UK parliamentary elections where Keir Starmer's Labour Party secured...
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UK General Elections Boost Pound Sterling’s Gains: What’s Next?

The Pound Sterling has been on the rise lately, gaining strength against the US Dollar. This increase in value can be attributed to the...
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GBP/USD Weekly Forecast: Key Analysis and Predictions

The GBP/USD pair continued to decline last week, falling from the short-term high of 1.2859 despite a temporary recovery. This week, the initial bias...
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BoE August Rate Cut Increases, EUR/GBP Recovery Delayed

Thursday's statement from the Bank of England (BoE) indicates that there may be an interest rate cut coming soon, according to ING's FX Strategist...
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UK Election Turmoil and Mixed Data Weigh on Pound Sterling

The recent data coming out of the United Kingdom has painted a mixed picture of the economy, leading to some turmoil for the Pound...
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UK Inflation Takes Center Stage Today: What Investors Need to Know

Today, the focus is on UK inflation as major currencies remain quiet. The US holiday will lead to a placeholder trading day, creating a...

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Decoding Target’s Trade Imports Data: The Real Story Behind Earnings Miss

Target, one of the most popular retail stores, recently faced its biggest earnings miss in two years, leading to a significant drop in its...