Stock Market News
GBPUSD - GBP/USD Forecast: Pound Sterling could correct lower on risk aversion
The Relative Strength Index (RSI) indicator on the 4-hour chart retreated below 70 after climbing above 80 late last week, suggesting that GBP/USD's bullish bias remains intact, with a potential to ...
Bullish breakthrough: GBP/USD sets sights higher after surpassing key threshold
Current Status: The GBPUSD pair ended the last trading session on a strong positive note, having breached the 1.2827 level and closed above it. This move indicates a strong bullish sentiment among ...
Pound To Dollar Week Ahead Forecast: 7-Week GBP/USD High Vulnerable To US CPI
On Tuesday, the latest US inflation data is scheduled for release. Economists predict that core inflation has cooled in February, while headline inflation is expected to have held at 3.1%. Should the ...
US Dollar Forecast: US CPI to Spark Next Big Move - EUR/USD, USD/JPY, GBP/USD
Looking higher, a further move to the upside could see market interest shift towards 149.70, followed by 150.90. GBP/USD soared this week, clearing a major resistance near 1.2830 just before the ...
GBP/USD Weekly Forecast: Fed Set to Slash Rates Ahead of BoE
The GBP/USD weekly forecast leans bullish as market participants expect the Fed to cut rates much earlier than the Bank of England.
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