GBPUSD

"We will continue to do whatever it takes to support the British people and business at this time of crisis," he said on Wednesday. British Finance Minister Rishi Sunak, excerpts from the budget speech to parliament…
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The DXY was unable to sustain gains, fueling the GBP / USD rally. The pound is trading flat for the day, above the 20-day SMA, which suggests there is no clear bias. The GBP/USD erased losses on Tuesday and hovered…
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GBP / USD bounced well amid a modest USD pullback from higher levels.The rally in equities triggered some profit-taking around the safe-haven dollar.A rally in US bond yields sustained the USD and limited the pair's…
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An overall strength around the USD continues to put some pressure around GBP / USD on Tuesday. A sustained break below the 1.3900 level could have turned the bias in favor of the bears. Buying interest around the USD…
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Still there is room for the pound to retreat to the 1.3850 area in the coming weeks, according to the currency strategists of UOB Group. 24 hour perspective: "We expected the GBP to consolidate and trade within a range…
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In an interview with the Yorkshire Post, the lieutenant governor of Bank of England (BoE), Dave Ramsden, said that some people have been able to save a lot, but that those people tend to be more in the higher income…
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The pound is moving in no clear direction on Monday. GBP / USD remains sideways between 1.40 and 1.39. The GBP / USD is trading in the den zone where it closed on Friday, in a day of lateral movements, without a clear…
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GBP / USD faces rejection near the 1.4000 level and cuts a portion of its initial gains. A sudden spike in demand for USD is considered a key factor putting some pressure on the pair. An optimistic UK economic outlook…
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GBP / USD fails to rally 1.40 amid firmer risk tone. The powerful resistance is at 1.4014 while the RSI remains bullish. GBP / USD awaits final UK PMI amid budget and vaccine optimism. GBP / USD has fallen back to the…
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While preparing an additional fiscal budget, UK Finance Minister Rishi Sunak has said that in no rush to fix public finances in an interview on Sky News on Sunday. Key Comments: He would "level with the people" on…
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