The British Pound (GBP) ticks lower to near 1.3380 against the US Dollar (USD) during the European trading session on Tuesday. The GBP/USD pair edges down as the US Dollar gains slightly; however, the ...

Read More »

GBP/USD outlook: Impressive rebound arrives at key technical test

Cable continues to motor higher, defying a macro backdrop that was broadly dollar-supportive on Monday. Fed Governor Christopher Waller reiterated that inflation remains the Fed's primary concern, ...

Read More »

GBP/USD outlook: Recovery faces strong headwinds on approach to key 1.3400 resistance zone

Cable moves within a narrow-range sideways mode for the second consecutive day, after 1% advance last week that completed reversal pattern on weekly chart (after the downleg from 1.3869 was contained ...

Read More »

GBP/USD: Dollar Slips on Weak Jobs, Sterling’s Winning Streak Likely to Continue

The recently-released weak US jobs data has the dollar on the backtracking, but there are more reasons to expect GBP/USD to keep rising.

Read More »

GBP/USD: Double Top Below $1.3400 Suggests Lower Prices

GBP/USD: Have Bulls Run Out of Momentum? This currency was making a fairly strong, impulsive, and predictable rise, led higher by a symmetrical ascending price channel after gaining fuel from a failed ...

Read More »