On Thursday, the Bank of England reported another 25bps interest rate hike, pushing rates up to 5.25% in a fight against stubbornly high inflation. While the currency pair initially trickled…
The GBPUSD currency pair is struggling to gain traction as a hoist of economic data is expected from the US this week. The Federal Reserve may raise interest rates once…
Last week, the Greenback fell to its lowest level versus the Pound in more than a year due to expectations that the Federal Reserve was nearing the end of its…
After retesting a high set in April 2022, the GBPUSD currency pair, also known as cable, opened the week on the back foot, although with a modest seven basis points…
Analysis by Mfanafuthi Mhlongo The GBPUSD currency is muted on Friday’s trading session following a spectacular six consecutive sessions of gains, which has seen the pair gain over 2.2% for…