GBP/USD Forecast: Pound Sterling turns bearish as important support fails
GBP/USD struggles to gain traction and trades in a tight channel slightly above 1.2350 after closing in the negative ...
Sterling Could Fall if Strong Majority of BOE Officials Back Rate Cut
Sterling weakened against the dollar and could fall further if the BOE votes 8-1 to cut interest rates and downgrades its economic growth forecasts, ING said.
GBP/USD Forecast: Pound Sterling closes in on key support area
GBP/USD struggles to gain traction and trades in a tight channel at around 1.2400 after posting losses for two consecutive days to end the previous week. In the absence of high-tier data releases, ...
Sterling set for fourth monthly loss as UK economy softens
The pound headed for a fourth monthly loss on Friday, increasingly under pressure from investor concern about the outlook for ...
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Deutsche recommends selling sterling on broad, trade-weighted basis
LONDON (Reuters) - Deutsche Bank said investors should sell the pound on a broad trade-weighted basis, in a Friday note, as ... a reversal after sterling was the second best performing major ...
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Pound Sterling Support Against Euro, Dollar Curbed On Bank Of England Rate-Cut Expectations
The Pound Sterling secured net gains against the Euro and Dollar early on Wednesday, but gradually lost support with a significant element of position adjustment ahead of Thursday’s Bank of ...