Tag: GBP/USD forecast
GBP/USD Exchange Rate Rises to 1.3200 Following UK Inflation Data
The GBP/USD Exchange Rate Soars to 1.3200 After UK Inflation Data ReleaseThe GBP/USD exchange rate experienced a significant surge following the release of UK inflation data, reaching as high as 1.3205. Prior to the...
GBP/USD Surges on Strong Labor Data – BoE Faces Challenges
GBP/USD Soars on Robust Labor Data - BoE Confronts Economic Balancing ActThe GBP/USD pair experienced a significant surge in response to the release of strong UK labor data. The British pound rallied around 30...
GBP/USD Pullback Ahead of UK Employment Report – Action Forex
The GBP/USD pair faced resistance near the 1.3250 level against the US Dollar and initiated a downside correction below 1.3200. This correction came after struggling near the 1.3260 mark, indicating a short-term top formation...
GBP/USD Mid-Day Analysis and Forecast – Action Forex
The GBP/USD pair is still trading in a range and the intraday bias remains neutral at the moment. If the resistance at 1.2863 holds, there is a likelihood of further decline. A break below...