GBP/USD

After posting strong gains on Friday, the GBP/USD pair started the week with considerable losses but managed to regain some positive traction during the Asian session on Tuesday. The pair touched an intraday high level of 1.3131 and the main driver for the upliftment was a modest US Dollar weakness...

Despite the latest optimism over a possible cross-party Brexit agreement, especially after the UK Conservative and Labour Parties lost seats in local elections, the GBP/USD pair failed to capitalize on Friday's strong upsurge to one-month tops and held on the defensive through the early...

GBP/USD is trading in the mid-1.3050, hit by the Fed. The focus shifts to the BOE, with one eye on cross-party Brexit talks. The four-hour chart shows overbought conditions. Will the cross-party talks yield an accord on Brexit? This is the key question for pound traders. The Times of London...

GBP/USD is trading in the upper 1.2900s, extending its gains. USD weakness and hopes for a softer Brexit help. The technical picture has turned positive for the pair. ​​​​GBP/USD is extending its gradual recovery, trading closer to 1.3000 than to 1.2900. The US Dollar has been on the back foot on...

GBP/USD continues recovering, mainly on USD weakness. US data and Brexit-related news are set to dominate. The technical picture remains bearish for the pair. GBP/USD is trading in the mid-1.2900s, extending its gains from the two-month lows of 1.2868 seen last week. The central driver is the...

GBP/USD is trading above 1.2900, recovering from the lows. The Brexit impasse continues and the US GDP is set to shine. The technical picture is decidedly bearish for the pair. GBP/USD recaptured the 1.2900 handle after hitting a two-month low of 1.2865 on Thursday. The central downward driver is...

GBP/USD is trading below 1.2900, extending its losses. Brexit uncertainty and USD strength dominate. The pair is within oversold conditions but a bounce may not be imminent.  ​​​​​​GBP/USD hit a low of 1.2878 at the time of writing, the lowest since mid-February. USD strength remains the...

GBP/USD is trading below 1.3000, flirting with 6-week lows. The focus remains on Brexit, amid plots to oust PM May. The technical picture is quite bearish for the pair. GBP/USD is trading around 1.2980, close to the lowest levels since March 11th. It traded in a narrow range in the long Easter...

GBP/USD is trading below 1.3000, flirting with 6-week lows. The focus remains on Brexit, amid plots to oust PM May. The technical picture is quite bearish for the pair. GBP/USD is trading around 1.2980, close to the lowest levels since March 11th. It traded in a narrow range in the long Easter...

GBP/USD struggles close to 1.3000 despite upbeat retail sales. The market mood and US retail sales are set to dominate trading. The technical picture is worsening for the pair, but uptrend support can help. GBP/USD is trading just above 1.3000, lower on the day. The thrill in markets is gone and...

GBP/USD trades around 1.3100 after the UK jobs report met expectations.  Internal Brexit talks continue as the EU shows exasperation from the topic. The technical picture is becoming bearish for the pair. GBP/USD is trading just under 1.3100 once again, sticking to familiar ranges. The...

GBP/USD is leaning lower within a limited trading range. Markets and MPs have a break from Brexit, amid speculation about what's next. The technical picture has worsened for the pair. GBP/USD is trading in the mid-1.3000s, similar to the levels seen on Thursday. Volatility has fallen and so...

The EU decided to postpone Brexit until October 31st. While the cliff edge was averted, uncertainty remains high. The technical picture is mixed for the pair. ​​​​​​GBP/USD is trading just below 1.3100, digesting the late-night news from Brussels and not going anywhere fast at this point. ...

The GBP/USD pair edged higher for the second consecutive session on Tuesday and jumped back above the 1.3100 round figure mark, or multi-day tops during the early European session. The British Pound found some support after the House of Lords approved Cooper-Letwin bill that would force PM to...