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Hedging the markets – gbp/usd consolidates as boe holds in another tight vote

OANDA Senior Market Analyst Craig Erlam discusses the latest moves in gbpUSD as the BoE announced its l...

November 2, 2023, 5:12 pm

Eur/usd, gbp/usd, usd/cad, usd/jpy forecasts – u.s. dollar rebounds from session lows

Traders stay focused on the recent Fed decision and Powell’s comments. The post EUR/USD, gbp/USD, USD...

November 2, 2023, 4:40 pm

Usd/cad: declines to re-emerge, possibly before year-end – mufg

gbp/USD is holding the upside at around 1.2200 after the BoE delivered a hawkish pause on ‘Super Thur...

November 2, 2023, 3:44 pm

Pound sterling price news and forecast: gbp/usd remains capped below the 1.2200 barrier

gbp/USD gathered bullish momentum and registered gains on Wednesday after dropping below 1.2100 earlier...

November 2, 2023, 2:29 pm

gbpusd technical analysis - is this a breakout or a fakeout?

USThe Fed left interest rates unchanged as expected with basically no change to the statement.Fed Chair Powell stressed once again that they are proce...

November 2, 2023, 12:58 pm

gbp/usd mid-day outlook

Daily Pivots: (S1) 1.2110; (P) 1.2137; (R1) 1.2179; More gbp/USD is still bounded in established range ...

November 2, 2023, 12:58 pm

gbp/usd: gains through 1.2206 should signal potential for a bit more pickup – scotiabank

gbp gains are being held back on the daily chart by trend resistance off the July high. Gains through 1...

November 2, 2023, 12:44 pm

Bank of england leaves rates unchanged, gbp/usd grabs a small bid

The British Pound nudged back above 1.2200 against the US dollar after the BoE left the Bank Rate unchanged today by a vote of 6-3......

November 2, 2023, 12:25 pm

gbp to benefit if the boe convinces market that it is determined in its fight against inflation – commerzbank

Economists at Commerzbank analyze gbp outlook ahead of the Interest Rate Decision. In September the BoE...

November 2, 2023, 12:14 pm

Eur/gbp technical: medium-term bullish basing as boe looms

Three key technical developments have suggested that the EUR/gbp cross pair has formed a potential medi...

November 2, 2023, 9:31 am

Dollar stays pinned down after yesterday's retreat

10-year Treasury yields are down another 1.6 bps to 4.718% now and with equities also rallying so far in European morning trade, it isn't making thing...

November 2, 2023, 9:30 am

gbpusd tests key descending trendline

gbpUSD slightly higher today as market digests Fed meeting It tests again the July 14 aggressive descen...

November 2, 2023, 9:29 am

gbp/usd forecast: pound sterling needs a hawkish boe to clear 1.2200

gbp/USD gathered bullish momentum and registered gains on Wednesday after dropping below 1.2100 earlier...

November 2, 2023, 9:29 am

Technical analysis & forecast november 02, 2023

Brent's Decline Continues. This analysis also encompasses the movements of EUR, gbp, JPY, CHF, AUD, Gol...

November 2, 2023, 9:18 am

gbp/jpy keeps the red around 183.00, defends 100-day sma support ahead of boe

gbp/JPY drifts lower for the second straight day, though the downside remains limited. Intervention fea...

November 2, 2023, 9:14 am

Eur/nok to return towards 11.90 if norges bank’s statement sounds more cautious – commerzbank

gbp/USD has entered a phase of consolidation after running into the 1.2200 barrier. Pound Sterling bull...

November 2, 2023, 8:59 am

gbp/usd could reach the 1.2250 area if the boe does not soften its tone – ing

Assuming that the BoE does not soften its tone today – i.e., it does not provide fresh ammunition to pricing of rate cuts next year – we would exp...

November 2, 2023, 8:44 am

Eur/gbp technical: medium-term bullish basing as boe looms

Three key technical developments have suggested that the EUR/gbp cross pair has formed a potential medi...

November 2, 2023, 8:13 am

gbp/jpy daily outlook

Daily Pivots: (S1) 182.81; (P) 183.57; (R1) 184.18; More… Intraday bias in gbp/JPY is turned neutral ...

November 2, 2023, 8:13 am

Eur/gbp daily outlook

Daily Pivots: (S1) 0.8684; (P) 0.8698; (R1) 0.8714; More…. Intraday bias in EUR/gbp remains neutral f...

November 2, 2023, 8:07 am


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