GBPUSD=X - GBP/USD
| Previous close | 1.261 |
| Open | 1.262 |
| Bid | 1.262 |
| Day's range | 1.262 - 1.262 |
| 52-week range | 1.1477 - 1.3510 |
| Ask | 1.262 |
- FX Empire
GBP/USD Weekly Price Forecast – British Pound Continues to Flex Its Muscles
British pound has had a very bullish week, as we continue to see a rally. Every time it looks as if it is going to fall, buyer step in to pick up yet again.
- FX Empire
GBP/USD Price Forecast – British Pound Continues to Fight
The British pound initially fell a bit on Friday but continues to find support as we broke back above the 200 day EMA by the time New York got online.
- Yahoo Finance UK
Coronavirus: Stamp duty cuts a 'huge bung' to second homeowners
Buy-to-let and holiday homes are among those able to benefit from lower stamp duty costs under the government's plans in England and Northern Ireland.
- FX Empire
GBP/USD Shows Signs of Selling Pressure After Failure Above Major Resistance
GBP/USD briefly traded at a fresh three-week high yesterday before turning lower to post a small daily loss which ended a four-day bullish streak.
- Yahoo Finance UK
Coronavirus: Moody's warns UK economic downturn 'worst in G20'
The credit rating agency expects Britain's economy to shrink by 10.1% from peak to trough in 2020.
- Yahoo Finance UK
What to Watch: UK downturn 'worst in G20,' Brexit warning, stocks slide
A daily overview of the top business, market, and economic stories you should be watching today in the UK, Europe, and around the world.
- Yahoo Finance UK
Coronavirus: Man arrested over suspected £495,000 furlough fraud
HMRC said a 57-year-old had been released under investigation after raiding a property in the West Midlands over suspected furlough fraud and other offences.
- FX Empire
GBP/USD Daily Forecast – Virus Worries Boost U.S. Dollar
GBP/USD failed to settle above the resistance at 1.2650 and declined below 1.2600.
- Investing.com
Dollar Gains as Virus Cases Grow, For Now
"The question is whether Fitch decides to be tough and downgrade Italy. We expect that it will remain on hold given that the ECB and EU are showing strong support for Italy through QE and the expected recovery fund," said Danske Bank.
- FX Empire
GBP/USD Price Forecast – British Pound Continues to Power Higher
The British pound broke even higher during the trading session on Thursday and has cleared the 200 day EMA quite handily.
- Yahoo Finance UK
How will the 'Eat Out to Help Out' scheme work?
The Chancellor has announce a groundbreaking plan to give citizens 50% off restaurant meals in August.
- Yahoo Finance UK
Coronavirus: Boots to axe 4,000 staff as sales tumble
The UK pharmacy chain said the 'difficult' decision was needed to survive the crisis.
- Yahoo Finance UK
UK chancellor warns of 'difficult' choices on public finances
The chancellor said strong recovery and saving jobs was key for the public finances, but declined to rule out tax rises in future after his summer statement.
- FX Empire
GBP/USD Extends Higher and is on Pace to Post a Fifth Straight Day of Gains
The British pound is an outperformer this week with GBP/USD rising to highs overnight not seen since the middle of June.
- Yahoo Finance UK
What to watch: Housebuilder slump, Rolls-Royce redundancies, stocks mixed
A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.
- Yahoo Finance UK
Coronavirus: Top UK recruiters shed 780 jobs as hiring dries up worldwide
PageGroup and Robert Walters both announced they had shed staff with the coronavirus battering labour markets worldwide.
- FX Empire
Forex Technical Analysis & Forecast for July 9, 2020
Daily forecast and trading signals of forex majors, commodities, cryptocurrencies and indices.
- FX Empire
GBP/USD Daily Forecast – Test Of Major Resistance At 1.2650
GBP/USD continues its upside move and tries to settle above the high end of the current trading range.
- Investing.com
Dollar Heads Lower Ahead of Jobless Data; Global Growth Eyed
Elsewhere, the USD/CNY pair slid 0.2% to 6.9878. The yuan was boosted by better-than expected inflation data for June, with producer prices falling 3% year-on-year. The drop in the PPI was smaller compared with the previous month’s drop of 3.7% and the 3.2% drop analysts had generally forecast. However, the pair is being supported most by the rally in Chinese stocks, which continued for an eighth straight day on Thursday.
- FX Empire
Brexit, COVID-19, and U.S Weekly Jobless Claims in the Spotlight
It’s a relatively quiet day on the economic calendar. Expect the weekly jobless claims from the U.S, Brexit, and COVID-19 to draw attention.
- Yahoo Finance UK
What Rishi Sunak's summer statement means for you
From young job seekers to homeowners — here's what the chancellor's COVID-19 stimulus announcement means for you and your finances.
- FX Empire
GBP/USD Price Forecast – British Pound Continues to Dance Between Two Major EMA Levels
British pound has pulled back on Wednesday, only to turn around and rally yet again. It’s been a bit of an enigma because it rallies in the face of danger.
- Yahoo Finance UK
Brits get 50% off restaurants with 'Eat Out to Help Out' scheme
The government will pay up to £10 per head towards people's restaurant bills for the month of August.
- Yahoo Finance UK
Chancellor announces £5,000 'green' giveaway for home owners and landlords
Homeowners can claim grants to fund green renovations such as insulation and eco-friendly boilers.
