EUR/GBP Stalls Near Resistance as UK Data and Energy Concerns Offset Each Other
The Euro (EUR) is trading broadly unchanged against the British Pound (GBP) on Friday, hovering near the 0.8675 level. The pair remains capped below the…
Posts Tagged: Office for National Statistics
GBP/USD Falls for Fourth Day as Strong Dollar and War Risks Weigh
GBP/USD extends its decline for a fourth consecutive day on Friday, slipping below the key 1.3300 support level as risk aversion continues to support the…
GBP/USD Slides After UK Jobs Data While Dollar Holds Firm Near-Term
GBP/USD initially pushed toward the 1.3550 region at the start of the week as the US Dollar weakened broadly amid lingering uncertainty around US trade…
Pound Slides as Dollar Rebounds Ahead of Fed Decision Despite Strong UK Data
The British Pound comes under renewed selling pressure midweek, with GBP/USD sliding toward the 1.3750 area as the US Dollar stages a firm recovery. The…
GBP/USD Rises Cautiously as Markets Weigh UK Weakness, US Policy Outlook
GBP/USD begins the week on a positive note, gaining modestly but still holding below the 1.3200 level. The pair remains supported despite renewed USD demand,…
GBP/USD Falls Toward 1.3450 as Weak UK Retail Sales and BoE Dovish Signals Weigh
The GBP/USD pair has turned negative on Friday, trading near the 1.3450 level, as investors digest weak UK economic data and seek safety in the…
GBP/USD Extends Gains to Two-Month Highs as USD Selling Pressure Mounts
The GBP/USD pair accelerates its recovery, climbing to fresh two-month highs around 1.2650, as the US Dollar (USD) faces renewed selling pressure. After two consecutive…
GBP/USD Recovers from Multi-Month Low Despite UK Unemployment Increase
The GBP/USD currency pair saw a rebound near 1.2450 after dipping towards 1.2400 earlier, supported by upbeat US Retail Sales data. However, UK’s rising ILO…