GBP
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EUR/GBP remains above 0.8400 following German GDP, UK Retail Sales data
EUR/GBP holds gains as German GDP QoQ climbed 0.4% in Q1, against the expected 0.2% increase. The Euro may struggle…
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GBP/USD rebounds above 1.3450 toward 39-month highs, UK Retail Sales eyed
GBP/USD reached back to near 1.3468, the highest since February 2022, marked on Wednesday. Friday’s UK Retail Sales may decline…
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EUR/GBP remains below 0.8450, moves little ahead of PMI data from both economies
EUR/GBP moves slowly as traders adopt caution ahead of PMI data release from the Eurozone and the UK. The overall…
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GBP/USD rises to near 1.3450 ahead of UK PMI data
GBP/USD strengthens as the US Dollar continues to weaken on Moody’s downgrading of the US credit rating. Fed policymakers partially…
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GBP/USD Rises toward highs since February 2022 near 1.3450
GBP/USD faces an immediate barrier at 1.3445, the highest level since February 2022. The 14-day Relative Strength Index (RSI) rises…
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EUR/GBP holds gains above 0.8400 despite worse-than-expected German PPI data
EUR/GBP stays supported as the Euro benefits from improved risk appetite, boosted by easing geopolitical tensions. German PPI fell more…
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GBP/USD maintains position above 1.3350 as US Dollar weakens on economic concerns
GBP/USD strengthened as the US Dollar struggled following Moody’s Rating downgrade of the US credit rating from Aaa to Aa1.…
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GBP trades firmly ahead of EU-UK trade summit
The Pound Sterling gains against its major peers on Monday ahead of a potential trade deal between the UK and…
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GBP/USD slips below 1.33 as US consumer sentiment turns negative, boosts USD
UoM Consumer Sentiment plunges to 50.8, the lowest since July 2022; inflation expectations rise sharply. US housing data was mixed,…
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Trade of The Day – GBP/USD
Market implies 2.32 rate cuts in the US (32% chance of third rate cut at the end of 2025 in…
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