GBP/USD Price Analysis: Cable bears stay hopeful near 1.2750 as US Dollar cheers risk aversion – by anilpanchal7 GBPUSD Technical Analysis RiskAversion ChartPatterns SupportResistance
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GBP/USD Price Analysis: Cable justifies downbeat UK retail spending to reverse from 50-SMA to 1.2750GBP/USD takes offers to refresh the intraday low near 1.2755, posting the first daily loss in three amid early Tuesday in Europe. In doing so, the Cable justifies downbeat UK retail spending to reverse from 50-SMA to 1.2750.
Read more »
GBP/USD justifies fears about UK employment, growth around 1.2750, focus on UK GDP, US inflationGBP/USD justifies fears about UK employment, growth around 1.2750, focus on UK GDP, US inflation – by anilpanchal7 GBPUSD BOE Fed Inflation GDP
Read more »
GBP/USD trades with a mild negative bias, below mid-1.2700 amid reviving USD demandThe GBP/USD pair extends Friday's late pullback from the 1.2800 neighbourhood and edges lower during the Asian session on Monday, though lacks follow-
Read more »
GBP/USD: 1.2590/1.2620 should be the lower boundary of this week's range – INGThe Sterling trade-weighted index is only marginally weaker since the Bank of England 'only' hiked by 25 bps last Thursday. Economists at ING analyze
Read more »
GBP/USD: Failure to defend 1.2600/1.2570 could mean risk of a deeper drop – SocGenEconomists at Société Générale analyze GBP/USD technical outlook. Last week's high of 1.2870 must be overcome to affirm a larger up-move GBP/USD has e
Read more »
GBP/USD: A drop to 1.2580 runs out of steam – UOBThe likelihood of further weakness in GBP/USD now appears mitigated according to UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang. The underlying tone has improved somewhat, and GBP is likely to edge higher.
Read more »