The Bank of England (BoE) will announce its decision on monetary policy on Thursday after completing the first meeting of ...
After posting gains for two consecutive days, GBP/USD continues to stretch higher and trades at a new weekly high above 1.2500 on Wednesday. The technical outlook highlights a buildup of bullish ...
GBP/USD rose to a one-month high on Wednesday as the dollar retreated, with markets focused on tariff news from the White House. The dollar dropped on Tuesday after data showed U.S. job openings fell ...
According to BofA, the daily and weekly charts of GBP/USD present a favorable setup for a rally toward the 200-day and 200-week moving averages, with respective levels of 1.2791 and 1.2750.
Rate cuts are also expected in the Czech Republic and Mexico The DXY dollar index is roughly 2% off its recent highs and the ...
The yen rose against the dollar, and could rise further given the prospect of the BOJ raising interest rates by more than markets expect, Rabobank said.
The GBP/USD forecast shows a pullback from recent peaks as market participants prepare for a likely Bank of England rate cut.