Sterling (GBP) Turnaround on Data Beat and Brexit Commentary - Webinar
After opening the session in negative territory, GBPUSD performed a quick U-turn after UK manufacturing, industrial production and monthly GDP data all beat expectations. And over in Ireland, UK PM Boris Johnson was in a more conciliatory mood.
Sterling (GBP) Price Drifts Lower on Brexit Uncertainty, Hard Data Flow Next
GBPUSD opens the week on the backfoot as Brexit rumours and news flow continue to keep traders on the sidelines. UK data on deck with a look at monthly GDP.
Sterling (GBP) Price Outlook Rattled by Brexit Confusion, PMI Weakness
Sterling remains under pressure with little scope for a sustained upside move as Brexit continues to weigh on market sentiment, while the latest batch of PMIs point to the UK economy contracting in Q3.
GBPUSD Price Outlook Fragile as Boris Johnson Heads to Europe
UK PM Boris Johnson is off to Europe for meetings with French President Emmanuel Macron and German Chancellor Angela Merkel with Sterling traders watching events closely.
GBPUSD Retail Position Remains Stretched, RSI Dips into Oversold Zone
Current market conditions may produce a further decline in GBPUSD as retail position remains stretched, while the RSI pushes into oversold territory.
Sterling Outlook: GBPUSD Breaks Down, Boris Johnson Bounce Fades
GBPUSD nears its lowest level of the week, and looks at a technical breakout, as the Boris Johnson mid-week mini-bounce fades in the face of a seemingly unmovable EU.
GBPUSD Rate Vulnerable to Dovish BoE Forward Guidance
Fresh updates from the Bank of England (BoE) may produce headwinds for the British Pound if the central bank alters the forward guidance for monetary policy.
GBPUSD Eyes Monthly Low as New UK Leadership Risks Shift in BoE Policy
GBPUSD appears to be on track to test the monthly-low as the threat of a no-deal Brexit puts pressure on the Bank of England (BoE) to alter the path for monetary policy.
Sterling (GBP) Gripped by UK Leadership Vote, Hard Brexit Fears
GBPUSD continues to struggle around 2019 lows as the second round of voting for the Conservative leadership continues with the result expected late afternoon. And Brexiteer Boris Johnson, is currently a huge odds-on favorite for the role.
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