GBP/USD Forex Forecasts - Forex Trading Forecasts - Page 3

FXTM
Sterling weakens despite wage growth

There was appetite for the British Pound on Tuesday morning following official data that showed UK wage growth accelerating faster than expected...

HYCM
GBP/USD seen within a broad range

GBP traded at a higher and wider range of 1.2910/1.3029 last Friday (our expected consolidation range was 1.2870/1.2950). The daily closing...

HYCM
GBP/USD could still test 1.3000

According to CME Group's advanced figures for EUR futures markets, investors scaled back their open interest positions by more than 1.8K contracts...

FXTM
Sterling soars on EU comments

The GBP has had a stellar day today, as Barnier the EU negotiator for Brexit went out on a limb and said they were prepared to work out a deal for the UK...

OctaFX
GBP/USD attempts to conquer 1.29

The pair stalled overnight retracement slide and caught some bids since the early European session, albeit seemed struggling to build on the momentum...

OctaFX
GBP/USD now targets 1.2957

CME Group's advanced data for GBP futures markets showed open interest rose by around 2.2K contracts on Tuesday vs. Monday's final 265,146 contracts...


FXTM
USD put pressure on Oil and Sterling

USD bulls have continued their strong run globally, as weakness in overseas market continues, but also strong economic growth continues to be a major factor...

HYCM
GBP stays negative on Brexit jitters

GBP sold off significantly yesterday with EUR/GBP breaking above 0.90 while GBP/USD broke below 1.29 for the first time since 1 September 2017. There has...

HYCM
GBP/USD still under pressure

We anticipated GBP to dip below last month's 1.2958 low yesterday but the break of the next support at 1.2930 was not exactly expected (low of 1.2920)...

HYCM
GBP/USD risks a drop to 1.2925

Last week GBP/USD dropped to 1.2975, close to the July low at 1.2925, which today is back in the picture. Over the next few days the risk remains on the downside...

HYCM
GBP/USD drops back below 1.3200

Brexit jitters, negative oil prices outweigh the rally in the European equities. Focus on the ECB rate decision and US durable goods data for fresh trading opportunities...

HYCM
GBP/USD turns back to test 1.30 handle

Investors looked past Trump's overnight comments. A modest USD uptick prompts some fresh selling. Brexit concerns keep GBP bulls on the defensive...


FXTM
Pound hammered as retail sales disappoint

The British Pound was immediately attacked by sellers on Thursday morning after retail sales tumbled -0.5% in June, well below the 0.2% market expectation...

FXTM
Pound comes under pressure

The Pound has been in the spotlight today after two cabinet resignations of key Brexit leavers shook the Tory government up. What some were calling a political crisis seems...

FXTM
Sterling lifts on services data

The pound has lifted higher on the back of positive services data today, as it came in at 55.1 beating estimates of 54 from analysts. While not causing a massive...

FXTM
Sterling waits on Brexit talks

It's more news coming out of the United Kingdom as Theresa May has one again said she will speed up Brexit talks, but it looks increasingly like crunch...

HYCM
GBP/USD moved into a consolidation phase

Instead of trading sideways (as expected yesterday), GBP dropped sharply and hit an overnight low of 1.3192. Despite the bounce from the low, the undertone...

FIBO Group
Brexit will limit the pounds gains

The British pound is now on track to stage its 3rd straight day of gains after a bullish statement by the bank of England last week regarding interest rates...


FIBO Group
Crunch time for pound on Thursday

The British pound has slumped to the lowest level this year against its US counterpart as political instability grips the UK which may lead to the collapse of the...

HYCM
GBP/USD weakness limited around 1.3275

We highlighted yesterday that the up-move in GBP “has room to extend further to 1.3390 but added the next resistance at 1.3425 is unlikely to come...

HYCM
GBP fails to confirm a bullish breakthrough

Bulls struggled to sustain above 0.8800 mark after upbeat UK manufacturing PMI. Fresh selling could drag it back towards 50-period SMA support on 4-hourly charts...


HYCM
GBP/USD bounces off 6-month lows

USD bulls take some breather and prompt some short-covering bounce. Brexit uncertainty keeps a lid on any meaningful recovery for the pair...

FXTM
Pound Punished by Dovish Hold

The Pound has suffered steep losses once again against the Dollar and other major counterparts on Thursday after the Bank of England (BoE) kept interest...

HYCM
GBP/USD around 1.3540 on UK data

Cable keeps the offered tone around the 1.3540 region on Thursday. UK's Manufacturing Production contracted 0.1% MoM in March. BoE likely to leave...


FxPro
GBPUSD and US 30 Index Analysis

The GBPUSD pair has managed to hold above its support at 1.34824 over the last few trading sessions and has formed a trading range up to 1.35926...

HYCM
GBP/USD targets 1.3850 in short-term

Cable keeps the neutral stance unchanged so far and risks a visit to the mid-1.3800s in the near term, suggested FX Strategists at UOB Group...

HYCM
Recovery remains capped near 1.3960

Hits the lowest in five-weeks at 1.3918, as USD buying picks-up pace. Brexit and geopolitical tensions add to the downside. The GBP/USD pair is seen trying...


FxPro
BOE Governor Carney Sends GBP Tumbling

Bank of England Governor, Mark Carney, was interviewed by the BBC yesterday, where he made the comment that he didn't want to get too focused on the precise...

HYCM
GBP upside pressure alleviated

FX Strategists at UOB Group remain neutral on Cable, adding that a break below 1.4080 should indicate that the upside pressure has eased...

FIBO Group
Pound retreats, seen as temporary

The British pound has taken a tumble in today’s trading session after the release of Markit services PMI threw into doubt the overall state of the UK economy...


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