After losing more than 100 pips in a three-day slide, GBP/USD corrected higher in the Asian session on Friday. The pair, however, lost its momentum ne
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Pound Sterling Price News and Forecast: GBP/USD – A breach of 1.2500 looks imminentGBP/USD dropped to its weakest level since mid-June below 1.2530 before closing the day near 1.2550 on Tuesday. The pair stabilized near that level ea
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Pound Sterling Price News and Forecast: GBP/USD – Sellers could continue to ignore oversold conditionsThe Pound Sterling (GBP) cracked significantly amid increasing risk-aversion and dovish remarks from Bank of England (BoE) Governor Andrew Bailey and
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GBP/USD Price Analysis: Bounces off 78.6% Fibonacci ratio, focus on 1.2530 support-turned-resistanceGBP/USD portrays a corrective bounce off a three-month low to around 1.2500 amid early Thursday morning in Asia. In doing so, the Cable pair justifies
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GBP/USD Price Analysis: Flat-lines around 1.2500, near a three-month lowThe GBP/USD pair consolidates its recent losses around 1.2500 during the Asian session on Thursday. Meanwhile, the US Dollar Index (DXY), a measure of
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Pound Sterling Price News and Forecast: GBP/USD remains on the defensive near a three-month lowThe GBP/USD pair enters a bearish consolidation phase during the Asian session on Thursday and oscillates in a range just above a three-month low touc
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Pound Sterling Price News and Forecast: GBP/USD snaps the losses due to a pullback in the GreenbackGBP/USD breaks the three-day losing streak, trading higher around 1.2490 during the Asian session on Friday. The pair is currently finding support as
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