GBPUSD edged up after bottoming out at 1.3010, with a ‘hammer’ pattern signaling potential for further upside. Clearing the October 10 high of 1.3093 and the 50-DMA at 1.3099 would open the
EURGBP is retracing its recent gains from the previous session, trading around 0.8340 during the Asian hours on Monday. The currency cross remains tepid following the release of the gross domestic product
The British pound is primed for outperformance, while the euro faces continued downward pressure for the rest of 2024, predicts the CEO of a leading independent financial advisory and fintech. The deVere
EURGBP continues to lose ground, trading around 0.8390 during Friday’s Asian hours, following the release of UK Retail Sales data for August. Retail Sales rose by 1.0% month-over-month, exceeding the previous increase
The Bank of England has made “another mistake” by not accelerating interest rate cuts, according to the CEO of a leading independent financial advisory and fintech. deVere Group’s Nigel Green spoke out after
Following the wild fluctuations seen in financial markets on Wednesday, volatility remains high early Thursday. The Bank of England will announce monetary policy decisions, and later in the day, the US economic
Almost three-quarters of Britons, both living in the UK and expats abroad, may not retire with sufficient funds to maintain their current lifestyle, according to a survey by leading financial advisory and
The EURGBP cross remains steady around 0.8420 on Tuesday during European trading. The European Central Bank rate cut and lower growth forecasts might further weigh on the Euro in the near term,
The EURGBP currency pair is retracing its recent gains from Friday, trading on Monday at around 0.8440 in European markets. The Euro faces challenges as recent eurozone inflation data have solidified expectations
EURGBP extended its gains for the second successive day, trading around 0.8430 during Tuesday’s European session. However, the upside potential for the EURGBP cross may be limited, as the Euro is under
