A combination of factors assisted the GBP/JPY to gain traction for the second straight session. Brexit optimism underpinned the pound; upbeat market mood weighed on the safe-haven JPY. Concerns over escalating ...
GBP/USD finds some support near 100-day SMA amid a subdued USD price action. The pair had a rather muted reaction to a rather unimpressive UK macro releases. The upside is likely to remain limited, warranting s...
EUR/GBP keeps the gains despite downbeat German PPI data. ECB anticipates Euro GDP to fall between 5% and 12% this year. EU-German tension weighs on the regional currency, Brexit/virus woes disappoint Pound buy...
GBP/USD prints five-day losing streak as Brexit/virus woes weigh on the Cable. European Commission launched legal action against UK, Northern Ireland, fisheries remain as tough points in Brexit talks. UK to ord...
GBP/USD gains some traction and stages a modest bounce from three-week lows. Mostly better-than-expected UK macro data remained supportive of the uptick. Persistent Brexit uncertainties, coronavirus virus crisi...
Economists at HSBC think that the dominance of the RORO phenomenon and possibly Brexit headlines will likely bring more volatility to the pound in the near-term. Key quotes “The BoE kept its monetary policy unc...
GBP/USD met with some fresh supply on Monday amid a pickup in the USD demand. Reports of a split on Johnson’s coronavirus strategy further weighed on the sterling. The third round of Brexit negotiations e...
GBP/USD remains positive on a day, except for the latest pullback. BOE managed to strike an upbeat tone despite conveying pandemic fears. UK PM Boris Johnson will announce guidelines on easing lockdown restrict...
EUR/GBP moves 2.94% higher from the April lows as Brexit risks come back to the fore. A toxic cocktail is being stirred-up in the markets for the great British pound. EUR/GBP is currently trading a 0.8747, +0...
GBP/USD looks for direction after three days of fall. Virus woes, expectations of receding government aid pressure the Cable amid UK-US trade negotiations. UK Construction PMI can offer immediate direction, “Su...
