The UK election’s influence on the pound is likely to be limited amid widespread expectation of a Labour victory, according to the CEO of a leading independent financial advisory and fintech. The
The GBPUSD pair extended its upside near 1.2688 during early Asian trading on Thursday, supported by a weaker Greenback after the release of softer US CPI inflation data. Later in the day,
GBPUSD is hovering around 1.2560 in Asian trading on Tuesday following the improved risk appetite. The Pound Sterling received support from higher-than-anticipated UK Gross Domestic Product (GDP) figures released on Friday. The
By Naeem Aslam We finally have some good news about the UK economy, which has emerged out of recession. The economy has been in a black hole for a long period, and
By Naeem Aslam European markets and US futures are trading higher while investors wait for the two most important events to unfold, one of which will shape trading activity for the rest
The GBPUSD pair is holding positive ground near 1.2520 in early trading in Asia on Monday. The uptick of the major pair is supported by the softer US Dollar below the 106.00 psychological mark. Investors will
The EURGBP cross pared its daily gains, trading lower around 0.8620 on Tuesday, following mixed Purchasing Managers Index (PMI) figures from the United Kingdom and the Eurozone. The preliminary S&P Global/CIPS UK Manufacturing
By Naeem Aslam The British Pound is having its best moments against the US dollar and other major currencies in over seven months as investors and traders have adapted to a new
The British pound broke above the 1.2700 barrier against the US dollar and traded around 1.2735 in Asian trading on Thursday, with the uptick bolstered by a weaker USD and encouraging news
The GBPUSD pair held below the 1.2700 mark during early Asian session on Wednesday, trading near 1.2695 and losing 0.08% on the day, with the downtick backed by the renewed US Dollar
