GBP=X - USD/GBP
| Previous close | 0.814 |
| Open | N/A |
| Bid | 0.814 |
| Day's range | 0.814 - 0.814 |
| 52-week range | 0.7491 - 0.8320 |
| Ask | 0.814 |
- FX Empire
Dollar Index Plunges on Increasing Concerns Over U.S. Recession
The Canadian Dollar rose 0.15% against the U.S. Dollar. Gains were limited by a steep drop in crude oil prices. The Euro posted a 0.46% gain against the dollar, but due to its heavy weighting, it had the biggest influence on the index’s decline.
- FX Empire
GBP/USD Weekly Price Forecast – British pound continues slight recovery
The British pound initially fell during the week but then rallied towards the crucial 1.2250 level again. This is an area that has been important more than once, so it makes sense that we are struggling just a bit here. That being said though, I think that the market is simply bouncing from a very low level.
- FX Empire
GBP/USD Price Forecast – British pound continues to show volatility
The British pound has gone back and forth during trading on Friday, as we continue to see a lot of volatility in Sterling. Quite frankly, there is nothing on the horizon that looks like the Brexit is going to be salt, so this should offer a nice selling opportunity at higher levels.
- FX Empire
GBP/JPY Price Forecast – British pound chops against Japanese yen
The British pound continues to go back and forth against the Japanese yen which makes quite a bit of sense considering we have so much in the way of risk out there right now. Remember, this pair will fall if there is more of a “risk off” attitude out there, and therefore it’s going to struggle to rally.
- FX Empire
GBP/USD Daily Forecast – Sterling Pares Gains From Yesterday’s Breakout
After a sharp move higher yesterday on the back of positive Brexit comments, the British pound has eased lower in early trading on Friday.
- Yahoo Finance UK
Eddie Stobart chief quits with immediate effect as shares suspended
The transport and logistics firm is reviewing its accounting, suspending trading until it can reveal a likely downgrade to its earnings.
- FX Empire
Brexit Update – Boris Johnson Returns from Europe and with very little
Boris Johnson returns and having failed to fully push the door open to renegotiations could be in for a tough week ahead…
- FX Empire
Retail Sales and Powell Put the Loonie and the Greenback in Focus
A scheduled FED Chair Powell speech from the Jackson Hole symposium is the main event of the day. He may feel Trump over his shoulder…
- FX Empire
Forex Daily Recap – Cable Scaled Up +1.14% on Positive Brexit Updates
Today, ECB Meeting minutes read that the outlook for the economy remains weaker and further stimulus would come as early as in September. Greenback had maintained a choppy performance today, remaining within 98.14/98.38 range levels.
- FX Empire
GBP/USD Price Forecast – British pound takes off on Thursday
The British pound took off to the upside during the trading session on Thursday as we pierced the 1.2250 level early in North American trading as Boris Johnson speaks in France. Ultimately, this is probably much to do about nothing.
- Yahoo Finance UK
Pound shoots above $1.22 on Brexit deal hopes
Sterling shot higher against the euro and dollar on Thursday, after comments from German leader Angela Merkel sparked hopes that a no-deal Brexit could be averted.
- Investing.com
U.S. Dollar Flat After Disappointing PMI Data; Fed Summit Eyed
Investing.com - The U.S. dollar dipped on Thursday before recovering after data showed a decline in the manufacturing and services sector as businesses remain wary about the health of the U.S. economy.
- FX Empire
GBP/USD Daily Forecast – Bulls Defend Rising Trendline Support
GBP/USD has fallen into a range, although this range is narrowing and a breakout appears to be imminent.
- FX Empire
Brexit, PMIs, the ECB and Jackson Hole Put the GBP, EUR and USD in Focus
It’s a busy day ahead as the markets react further to the FOMC meeting minutes. Chatter from Jackson Hole may overshadow the stats…
- FX Empire
Forex Daily Recap – DXY Kept Hold Gains Post-Release of FOMC Minutes
Cable continued to stay consolidated near 1.1264 level on Wednesday. Upbeat July Canadian Consumer Price Index (CPI) remained as the primary driver that lifted the CAD currency.
- FX Empire
GBP/USD Price Forecast – British pound drift slightly lower
The British pound ran into a bit of resistance during the trading session on Tuesday but ran into the 1.22 level to roll over a bit. At this point, the question is whether or not we are trying to form some type of bottoming pattern?
- FX Empire
GBP/JPY Price Forecast – British pound continue sideways grind
The British pound rallied a bit during the trading session on Wednesday, but also pulled back. Now that we are looking at the ¥130 level, the question then becomes whether or not we can break above there. If we do, obviously that means a lot and if we don’t, that means confirmation.
- Yahoo Finance UK
Ryanair warns of flight delays over summer pilot strike
Airline says passengers could face 'small flight delays', but enough pilots had volunteered to work to prevent significant disruption.
- Investing.com
Sterling Falls as France Assumes No Deal Brexit
Investing.com - Sterling fell on Wednesday after reports that the French government sees a no-deal Brexit as the baseline.
- FX Empire
GBP/USD Daily Forecast – Sterling Eases From 2-Week high
The British pound jumped higher yesterday after some positive Brexit comments from German Chancellor Angela Merkel.
- Yahoo Finance UK
What to Watch: Businesses auto-enrolled for no deal, Jack Wills boss sacked, and Boris to meet Merkel
A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.
- Yahoo Finance UK
UK government makes major move that signals a no-deal Brexit
Britain’s government will automatically enrol UK firms into a customs system that will allow continue trading with the EU in a no-deal Brexit.
- Yahoo Finance UK
Ryanair launches legal battle to stop pilot strike amid travel chaos fears
Passengers could face significant disruption to flights if the strike goes ahead on Thursday and Friday.
- Investing.com
Dollar Hovering Near 3-Week Highs ahead of Fed Minutes
Investing.com - The U.S. dollar was hovering just below three-week highs in subdued trade on Wednesday as investors looked ahead to the minutes of the Federal Reserve’s July meeting later in the day for fresh clues on the monetary policy outlook.
- FX Empire
Brexit Update – Boris Johnson Heads to Mainland Europe
It’s the start of a mini-tour of the EU as Johnson looks to change the Brexit script. An unyielding EU lies in wait and it may do more harm than good.
