GBP/USD fluctuated in a narrow channel in the Asian session before retreating
GBP/USD Forecast: Pound Sterling looks fragile ahead of Fed and BoE meetings to the 1.2100 area in the European morning. The near-term technical outlook suggests that the bearish bias stays intact. Over the weekend, the United Arab Emirates requested a UN Security Council emergency meeting to discuss the situation in the Gaza Strip, asking for an immediate ceasefire to ensure that civilians and civilian institutions are not targeted.Read more... GBP/USD: October low of 1.
GBP/USD: Trend momentum is weak, favouring more range trading – Scotiabank GBP/USD is still finding support on dips below 1.21. Economists at Scotiabank analyze the pair’s outlook. Trading may remain relatively quiet ahead of the BoE policy decision on Thursday. Markets expect policy to be left on hold but the GBP may see a minor bid if the voting shows a tight split among the nine policymakers.Read more... GBP/USD Overview Today last price 1.2143 Today Daily Change 0.
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GBP/USD Price Analysis: Consolidates above 1.2100 ahead of Fed, BoE decisionsGBP/USD hovers around the 1.2120 level with a negative tone during the Asian session on Monday. The pair moves sideways ahead of the policy meetings o
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Pound Sterling remains calm as focus shifts to BoE monetary policy meetingThe Pound Sterling (GBP) struggles to find a direction on Monday as investors await the interest rate decision from the Bank of England (BoE) for furt
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GBP/USD: October low of 1.2037 will be the key support levelEconomists at MUFG Bank analyze GBP outlook ahead of the BoE announcement on Thursday.
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GBP/USD: Trend momentum is weak, favouring more range tradingGBP/USD is still finding support on dips below 1.21. Economists at Scotiabank analyze the pair’s outlook.
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GBP/USD still risks a drop to 1.2040GBP/USD maintains the downside pressure well in place and could revisit the 1.2040 zone in the near term, note UOB Group’s Markets Strategist Quek Ser
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GBP/USD struggles for a firm direction, remains on the defensive around 1.2100 markThe GBP/USD pair continues with its struggle to gain any meaningful traction and oscillates in a multi-day-old trading range, around the 1.2100 mark d
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