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GBP/USD to target 1.2330 once 1.24 is cleared

Jun 26, 2020

The GBP/USD consolidated between a narrow 1.2400 and 1.2450 range. We still prefer to stay short of this pair, expecting any bounces beyond 1.2450 to be rejected in favour of further tests of the 1.2400 handle

GBP/USD, EUR/USD Rates at the Mercy of US Trade Talks

Jun 25, 2020

Equity markets sank during Asia-Pacific trade as coronavirus concerns, escalating geopolitical tensions and a downgraded global growth forecast from the International Monetary Fund (IMF) soured investor sentiment.

GBP/USD Price Analysis: Bounces off lows, still in the red below 1.2500 mark

Jun 24, 2020

The GBP/USD pair failed to capitalize on its mid-European session uptick, instead met with some fresh supply near the 1.2540-50 region

GBP/USD clings to modest recovery gains, just below mid-1.2400s post-UK data

Jun 19, 2020

GBP/USD finds decent support near 1.2400 mark amid a subdued USD price action.

GBP/USD: Sterling needs Bailey triggering QE bazooka to thrive

Jun 18, 2020

Bailey`s previous expansion of the QE program to its current £645 billion enabled the government to support workers and provide another stimulus in times of trouble and thus supporting the economy

GBP/USD: The 1.2421 55-DMA exposed on a break below 1.25

Jun 18, 2020

The GBP/USD pair, which trades at 1.25550, to slump towards the 55-DMA at 1.2421 on a break below the 1.25 level.

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