Pound Sterling (GBP)

I have been monitoring the GBPUSD pair for quite some time now. It seems like the level it is sitting on right now is a major resistance level from the beginning of August. Today, we have seen quite a bullish day so far. The price is…
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The latest employment data from the UK showed that the unemployment rate fell further in the second quarter. However, despite the drop in the unemployment rate, wages continued to slow. Data from the UK's Office for National Statistics…
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The Bank of England will be meeting today for its monthly monetary policy review. Based on the economists poll, no changes to interest rates are expected, which remain at 0.25%, a historical low. However, some institutions are not ruling…
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As the currency markets progress into the final weeks of July, the main highlights of the week include the FOMC meeting on Wednesday. The Fed is expected to keep monetary policy on hold. Investors are likely to focus on any forward guidance…
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Earlier this morning, everyone was waiting for the UK inflation data, which was supposed to come in higher in June. However, the numbers came in with a surprise slowing down . CPI, Core CPI and the RPI showed a faster slowing down, while…
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After the sad events that occurred overnight in the UK – Manchester, we have noticed some negative impact on the markets, including Asian equities, European equities, and currencies. However, such impact was short-lived and most of the…
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After a week with the lack of fundamentals across the board, this week comes with many economic releases and events, which likely to spark the level of volatility once again. During the European session ahead, all eyes will be on the UK as…
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Earlier this morning, there were some economic figures from the UK, which came in with another disappointment, showing a clear sign of slowing down and increasing the risk of Brexit fears. Such figures continue to prove that the Bank of…
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After the slow and calm start of the week with no economic releases and lower volume across the board, volatility is set to pick up during the second trading day of the week, as we wait for many economic figures ahead. Today we will be…
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In the coming few hours, traders will be watching further economic releases from the UK, which likely to have a notable impact on the markets. Retail Sales will be released today at around 09:30 GMT+. The estimates are encouraging,…
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