GBPUSD Price Rallies to a Six-Week High, Brexit Latest
GBPUSD has just hit its highest level since late-July and is eyeing further gains on a combination of a marginally stronger Sterling complex and a weak US dollar.
Sterling (GBP) Turnaround on Data Beat and Brexit Commentary - Webinar
After opening the session in negative territory, GBPUSD performed a quick U-turn after UK manufacturing, industrial production and monthly GDP data all beat expectations. And over in Ireland, UK PM Boris Johnson was in a more conciliatory mood.
GBPUSD Price: Selling-Off on Talk of UK Parliament Suspension, Proroguing
The British Pound slipped lower on talk that the UK government is looking to suspend Parliament from mid-September (proroguing), limiting the time that Remainers have to stop a no-deal Brexit.
Sterling (GBP) Ignores UK Labour/Wages Data, Focus Remains Brexit
Sterling (GBP) is little changed after slightly better-than-expected UK wages and Labour data as Brexit remains the driver of the British Pound.
EURGBP Price Probes One-Year High as Rally Reignites
The three-month EURGBP rally continues unabated despite the EUR struggling against other currencies. GBP remains weak but the pair are currently flashing an overbought warning.
Sterling (GBP) Down But Not Out After UK Q2 GDP Contracts
Provisional UK Q2 GDP showed the economy contracted in the second quarter as manufacturing output fell. Sterling moved lower but the falls are currently limited.
GBPUSD, EURGBP - Sterling Slumps as No-Deal Brexit Fears Intensify
GBPUSD and EURGBP made the headlines Monday hitting levels last seen around two years ago as traders used negative Brexit headlines to hammer Sterling lower.
GBP Technical Outlook: EUR/GBP to Resistance, GBP/USD Plummets
Its a big week for the British Pound and GBP/USD is wasting no time, dropping to fresh two-year-lows ahead of the FOMC and BoE Super Thursday.
Sterling (GBP) Week Ahead - All About Boris and Brexit
Sterling opens the week in negative territory as one senior Conservative MP resigns before Boris Johnson has even been elected as the new leader of the Tory Party.
GBPUSD Price Slumps to Fresh 27-Month Low, No Respite in Sight
GBPUSD fell sharply Tuesday, hitting levels last seen in April 2017, despite slightly better-than-expected UK jobs and wages data. And the charts provide no support as yet.
Sterling (GBP) Gripped by UK Leadership Vote, Hard Brexit Fears
GBPUSD continues to struggle around 2019 lows as the second round of voting for the Conservative leadership continues with the result expected late afternoon. And Brexiteer Boris Johnson, is currently a huge odds-on favorite for the role.
GBPUSD Outlook: Political Risk Hitting Sterling as PM Race Heats Up
GBPUSD is the process of giving back all of Wednesdays gains and more, as UK political risk ratchets up.
Sterling (GBP) Week Ahead: Risk, Brexit, NFPs and Flashing Signals
A busy week of global data, events and central bank speak will end with the monthly US non-farm payroll releases. And some UK asset charts are nearing important technical levels.
GBPUSD Hammered on Brexit Blacklash - Is This the End for UK PM May？
There is growing noise and tweet activity suggesting that UK PM Theresa May could well be out of a job very shortly after her disastrous ‘new deal’ Brexit presentation Tuesday.
Sterling (GBP) Jumps on Rumored Irish Backstop Deal Breaker
GBPUSD jumped 50 ticks after media reports that German Chancellor Angela Merkel was considering offering the UK a five-year Irish backstop limit, a proposal that could help beleaguered PM May pass the Withdrawal Agreement.
GBPUSD Price Outlook: Sterling Technicals Turning Positive
The GBPUSD technical outlook is now starting to turn positive with cable back above trend and at a one-week high. Further gains may be on the cards if trend support holds.
Brexit Rumours, Palladium Bubble, EURUSD Outlook - US Market Open
Sterling jumped sharply mid-morning as rumours swirled that PM Mays latest attempt at getting her bill through Parliament was gaining traction. Sterling jumped but price action is volatile.
GBPUSD Rudderless as PM May Loses Control of Brexit
UK PM Theresa May lost control of the Brexit process last night as MPs voted to put forward indicative votes to Parliament on Wednesday.
GBPUSD Price Edgy, PM May Under Renewed Brexit Pressure
UK PM Theresa May is coming under increased pressure to step down as leader of the Conservative Party as Parliament looks at other Brexit options to try and break the current stalemate.
Sterling (GBP) Needs More Than Brexit Can-Kicking to Push Higher
Sterling moves back off Thursdays 10-day low after the EU said that Article 50 could be delayed until May 22 if the UK approves the current Withdrawal Agreement.