GBPUSD Archives - Prices Inn

1 Minute

Forex

GBP/USD Price Analysis: Bulls move in to take control

News May 30, 2023 0 Comment

Share: GBP/USD bulls are taking back control on a break of structure. The rally has taken out the bearish trendline resistance. Sterling rose against a weaker dollar on Tuesday as British inflation...

3 Minutes

Commodities

Forex technical analysis and forecast: Majors, equities and commodities

News May 30, 2023 0 Comment

Share: EUR/USD, “Euro vs US Dollar” The currency pair has completed a wave of correction to 1.0725. Today the market is forming a structure of a new declining wave. At the moment,...

3 Minutes

Forex

GBP/USD stabilizes above 1.2300 after strong US-UK data, as US ceiling talks continued

News May 26, 2023

Share: GBP/USD recovered from weekly lows, maintaining a position above the 1.2300 figure, while US Treasury bond yields reached their highest since March. The Core PCE, Fed’s preferred inflation measure, climbed to...

7 Minutes

Forex

GBP/USD Weekly Forecast: More downside in the offing, with eyes on US debt deal, NFP

News May 26, 2023

Share: GBP/USD booked third weekly loss, as haven demand boosted the US Dollar. United States debt-ceiling uncertainty likely to extend ahead of the June 1 deadline. GBP/USD’s daily technicals point to more...

1 Minute

Forex

GBP/USD: Recovery runs out of steam near the 1.2400 hurdle

News May 26, 2023

Share: GBP/USD bounces off lows near 1.2300 the figure on Friday. The greenback regains composure following US data releases. UK Retail Sales surprised to the upside in April. The British pound regains...

1 Minute

Forex

GBP/USD: Gains through strong resistance at 1.2425 would be more generally constructive – Scotiabank

News May 26, 2023

Share: GBP/USD has found firm support in the low 1.23 zone over the past 24 hours. Economists at Scotiabank analyze the pair’s technical outlook. Intraday performance looks solid “Steady gains so far...

1 Minute

Forex

GBP/USD Price Analysis: Bulls engage at fresh bear cycle lows

News May 25, 2023

Share: GBP/USD bulls comer up for air at key demand area. Bears need to stay committed on the front side of dynamic resistance. GBP/USD is down on the day and trading at...

3 Minutes

Commodities

Forex technical analysis and forecast: Majors, equities and commodities

News May 25, 2023

Share: EUR/USD, “Euro vs US Dollar” The currency pair has completed a corrective wave to 1.0800. Today the market continues developing a wave of decline to 1.0730. After the price reaches this...

1 Minute

Forex

GBP/USD retakes the 1.2400 region, USD loses momentum

News May 24, 2023

Share: GBP/USD bounces off earlier lows near 1.2360. UK inflation figures surprised to the upside in April. BoE Bailey said inflation expectations are retreating. Following an earlier drop to new monthly lows...

4 Minutes

Forex

GBP/USD slide continues on US debt-ceiling woes, UK’s weak business activity

News May 23, 2023

Share: GBP/USD fell further due to uncertainty surrounding US debt-ceiling negotiations and mixed US economic data, with investors flocking to the perceived safety of the US Dollar. Despite discussions between President Biden...