GBPUSD=X - GBP/USD
| Previous close | 1.301 |
| Open | 1.302 |
| Bid | 1.312 |
| Day's range | 1.3 - 1.314 |
| 52-week range | 1.2777 - 1.4377 |
| Ask | 1.312 |
- MarketWatch•2 hours ago
FTSE 100 declines as G-20 warns of trade risks to global growth
Blue-chip stocks in the U.K. pull back Monday, with concerns about global trade tensions weighing on sentiment.
- Investing.com•3 hours ago
Trump Comments Knock Dollar, Yen Up on BoJ Speculation
Investing.com - The dollar was broadly lower on Monday following comments by U.S. President Donald Trump on interest rates and the currency’s strength, while the yen gained after reports that Japan’s central bank is debating moves to scale back its massive stimulus program.
- FX Empire•6 hours ago
Forex Daily Outlook – July 23, 2018
The British Pound rallied significantly during the Friday’s session after the tweet by Donald J Trump mentioning how USD was being unfairly strengthened. The pair reached towards the 1.3075 level but is likely to face a lot of noise, as the 1.31 level above is a massive resistance level and will be difficult to break above.
- FX Empire•6 hours ago
GBP/USD Daily Price Forecast – GBP/USD Opens Nearly Flat as EU Leaders Reject Brexit Proposals
The pair is likely to come under high pressure in the coming week as the uncertainties around the Brexit process continue
- FX Empire•10 hours ago
A Dollar Slide and That’s Before Trump Makes a Noise
The U.S Dollar slides and takes the equity markets along for the ride as trade war jitters weigh at the start of the week.
- Investing.com•yesterday
Weekly Outlook: July 23 - July 27
Investing.com - This week, investors will have a chance to see how the U.S. economy performed in the second quarter. Friday’s GDP report is expected to show that the economy rebounded in the three months to June, boosted by an increase in consumer spending.
- FX Empire•yesterday
The Week Ahead – Trade in Focus, with Draghi and Juncker in the Spotlight
Another big week ahead, U.S earnings, 2nd quarter GDP numbers, Trade wars and ECB monetary policy all in focus.
- FX Empire•2 days ago
GBP/USD Weekly Price Forecast – Sterling finds support
The British pound fell initially during the week, reaching below the 1.30 level. However, we have turned around of form a bit of a hammer again, showing just how important this level is. I think that the 1.30 level will continue to be an area where value hunters are willing to step in, and at this point one has to wonder who is left to sell this thing?
- FX Empire•2 days ago
GBP/USD Price Forecast – Sterling takes off after Trump comments
The GBP/USD pair rallied rather significantly during the trading session on Friday, reaching towards a critical supply area near the 1.3075 handle after Donald Trump tweeted that the US dollar was being unfairly strengthened as interest rates around the world it remained far too low. For some reason, market participants read this as a sign that interest rates were going to be put on hold in the United States. The funny thing is, he doesn’t have that power and just ½ an hour before one of the Federal Reserve governors reiterated the need to continue to raise rates.
- Investing.com•3 days ago
Dollar Slumps on Trump Trade Comments
Elsewhere, the Australian dollar was higher, with AUD/USD up 0.83% at 0.7416, while NZD/USD rose 0.85% to 0.6801. The loonie was higher against the greenback, with USD/CAD down 1.11% to 1.3125.
- MarketWatch•3 days ago
FTSE 100 turns lower, but books second weekly gain in a row
U.K. blue-chip stocks fell Friday, returning to negative territory after U.S. President Donald Trump threatened to place tariffs on $500 billion in Chinese imports, potentially ramping up his administration’s trade dispute with officials running the world’s second-largest economy.
- Investing.com•3 days ago
Forex- Dollar Inches Down After Trump Comments on Fed
The U.S. dollar fell on Friday after U.S. President Donald Trump criticized the Federal Reserve for increasing interest rates but was still on target for a second week of gains. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was down 0.15% to 94.84 as of 5:36 AM ET (9:36 GMT). Despite the dip, the dollar was on target for a second straight week of gains and has risen more than 5% in the last three months due to expectations that interest rates will rise.
- FX Empire•3 days ago
Forex Daily Outlook – July 20, 2018
The market initially rallied higher towards the 1.1650 level but rolled down to break through the 1.16 level in the Thursday’s session. The British Pound broke off significantly during the Thursday’s session, slicing through the 1.30 level showing signs of extreme negativity. Going forward, the 1.30 level on the top will now be a major resistance level.
- FX Empire•3 days ago
GBP/USD Daily Price Forecast – GBP/USD Tests Psychological Support at 1.30 Handle despite Available Lifelines
The effect of the uncertainty in the Brexit process is beginning to show up on the pound which is under pressure from the dollar
- FX Empire•3 days ago
GBP/USD Price Forecast – British pound breaks through major support
The British pound broke down during the day on Thursday, slicing through the vital 1.30 level. This is an area that I have been paying attention to for some time now, and the fact that we broke through there is a very negative sign indeed. I believe that the market continues to see a lot of noise in the United Kingdom, and that of course is going to affect this pair.
FX Empire•3 days agoInflation and Retail Sales Put the Loonie in the Spotlight
While the Loonie is on for a move later today, with inflation and retail sales figures expected to support a more hawkish BoC, trade war jitters will continue to grab the headlines, with stats elsewhere on the lighter side through the day.
- Investing.com•4 days ago
Dollar Turns Negative as Trump Says 'Not Happy' About Fed Rate Hikes
Investing.com – The dollar reversed course against its rivals Thursday after U.S. President Trump said he was "not happy" about Federal Reserve rate hikes but downside was limited amid optimism over the U.S. economy.
- MarketWatch•4 days ago
Dollar powers higher; China’s yuan touches 1-year low amid tariff spat
The U.S. dollar moved broadly higher Thursday, both against its developed and emerging rivals, while China’s yuan dropped to a low not seen since last July.
- MarketWatch•4 days ago
European stocks end off 1-month high as miners slide
European stock markets finish lower Thursday, pulling back from a one-month high as mining stocks track a selloff in the metal prices, and the latest round of earnings reports rolled out.
- MarketWatch•4 days ago
FTSE 100 scores third straight win after weak retail sales throw August rate hike into question
U.K. stocks ended higher on Thursday and the pound tumbled after disappointing British retail sales stoked speculation the Bank of England may refrain from hiking interest rates in August.
- FX Empire•4 days ago
Don’t Look Now, but Stocks Could Finish Lower This Week
While it’s always nice to think about the upside potential of the stock market, it’s equally important to think about the downside risk. Is it possible that investors have been so mesmerized by the quest for $1 trillion in market valuation by Amazon, Apple or Microsoft that investors have forgotten about downside exposure? We could soon find out.
- Investing.com•4 days ago
Dollar Hits 1-Year Highs, Euro Falls below $1.16
Investing.com - The dollar hit one-year highs against a currency basket on Thursday, sending the euro below the $1.16 level after bullish comments be Federal Reserve Chairman Jerome Powell cemented expectations for two more rate hikes this year.
- Investing.com•4 days ago
Sterling Falls Below 1.30 for First Time in 10 Months
Investing.com - The pound dropped below the $1.30 level on Thursday as a result of an unexpected drop in consumer spending in June, further slimming the chances of a Bank of England rate hike in August.
- Investing.com•4 days ago
Dollar near 1-Year Highs on Fed Rate Hike Bets
Investing.com - The dollar rose against a currency basket on Thursday, to trade near one-year highs after hawkish comments by the chairman of the U.S. Federal Reserve underlined expectations for two additional rate hikes by the central bank this year.
- FX Empire•4 days ago
UK Inflation Eases, Pound Continues to Fall on Disappointing Retail Sales
The UK’s retail sales figures dropped unexpectedly in June. Sales declined by 0.5% in June compared to a growth of 1.4% in May. YoY Retail sales grew by 2.9, below analysts expectation of 3.7%. Pound hits a 10-month low near 1.30 versus the US dollar.
