Pound Sterling (GBP)

There is a lot riding on tomorrow's employment data release from the UK. Over the weekend, BOE Governor Bailey reiterated that the bank would remain accommodative until there is a significant improvement in the employment numbers. The…
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In today’s video, our Head of Research Stavros Tousios dives into the top Elliott Wave opportunities the markets have in store for us. Asset timestamps are as follows: DXY 00:45 EURUSD 04:25 GBPUSD 06:45 USDJPY 08:25…
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The BOE was once one of the more "hawkish" of the major central banks. But, that has gone by the wayside with the rise of covid over the last month. Now, the consensus is leaning towards a more dovish stance in the short term. In…
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GBPUSD slides on cautious sentiment The pound slowly recovers while traders remain wary of the UK’s end of Covid-related restrictions. The sterling has weakened across the board as Delta cases surged in recent days. The combination…
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GBPUSD bounces off Fibonacci level The better-than-expected UK CPI in June has lifted the sterling across the board. Price action has seen strong support above 1.3730, a critical demand zone on the daily chart. After the initial…
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Coming up we have some data that could underscore how different the post-covid recovery has been across the world. There is a gap in the economic situation among various countries, which is an excellent opportunity to look for potential…
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