What is the timeline for the UK Services PMI and how might it impact GBP/USD?
The S&P Global Purchasing Managers’ Index (PMI) in the UK has dropped to 51.0 from 53.7 in February, indicating a slowdown in both manufacturing and service activities, as shown by preliminary data. Notably, the services PMI fell sharply from 53.9 to 51.2, while the manufacturing PMI saw a slight decrease from 51.7 to 51.4. Chris […]
GBP/USD remains stable before simultaneous Fed and BoE choices.
The British pound saw a slight uptick for the second consecutive day as traders prepared for the Federal Reserve’s meeting on Wednesday and the Bank of England’s decision on Thursday. On Wednesday, the Fed is anticipated to hold interest rates steady between 3.50% and 3.75%, largely due to the uncertainties stemming from the ongoing conflict […]
GBP/USD Price Prediction: Aims for the 1.3500 level near moving averages
GBP/USD Analysis The GBP/USD currency pair has bounced back from its earlier losses and is currently trading around 1.3450 during Monday’s Asian session. Technical analysis indicates that the pair still has a bearish outlook, as it remains trapped within a descending channel pattern. The 14-day Relative Strength Index (RSI), which is a momentum indicator, stands […]
Technical analysis of EURUSD, GBPUSD, and USDJPY: Important levels as the USD shows mixed performance
Market Overview: US Dollar Movement The US dollar had a mixed opening today. The EURUSD and GBPUSD pairs have dipped, reflecting a stronger dollar. Meanwhile, USDJPY has also experienced declines as the dollar faces off against the yen. As we approach the North American session and the weekend, the spotlight is on whether these currency […]
GBP/USD Price Outlook: Bounces back from initial losses after robust UK Retail Sales figures
The British pound (GBP) managed to recover from early losses, stabilizing around 1.3460 against the US dollar (USD) during European trading on Friday. This shift followed the release of January’s retail sales figures in the UK, which sparked interest in the GBP/USD pair. According to the Office for National Statistics (ONS), retail sales—an essential gauge […]
GBP/USD Forex Signal 19/02: British Pound Expected to Shift
Created on February 19, 2026 The British pound experienced a decline on Wednesday, continuing to face pressure. Pound Dollar During trading, the pound dropped against the US dollar, currently testing both the 50-day EMA and the 1.35 mark. It seems there’s a definite situation here. If it closes the day under 1.35, it’s likely we’ll […]
GBP/USD Price Outlook: Difficulty maintaining 1.3500 after VCP decline
On Thursday, during European trading, the British pound (GBP) showed a cautious performance against the US dollar (USD), hovering around 1.3500, a low not seen in nearly a month. The GBP/USD pair is feeling the weight of diminishing UK inflation and softened job market conditions, which are contributing to the currency’s struggles. This week, the […]
GBP/USD Outlook: Negative below 200-SMA, UK CPI/FOMC to watch
GBP/USD Performance Analysis On Wednesday, GBP/USD continued to face downward pressure for the third consecutive day, unable to capitalize on a slight rebound from its lowest level in over a week, which had dipped below the important 1.3500 mark. Interestingly, this downside momentum seems somewhat restrained, as traders appear hesitant to make bold moves ahead […]
What is the timing of the UK CPI data and what impact might it have on GBP/USD?
On Wednesday, data from the Office for National Statistics (ONS) indicated that the UK’s composite consumer price index (CPI) experienced a year-on-year increase of 3.0% in January, following a 3.4% rise in December. The market had anticipated a 3.0% growth during this period. It’s important to note that UK inflation remains significantly above the Bank […]
GBPUSD Analysis: GBPUSD approaches important retracement level following two-part drop
GBPUSD Analysis GBPUSD is showing two clear downward trends. The trading order is crucial, especially after reaching a high of 1.3661 yesterday. During the latter part of the Asian session and into the European session, the currency pair dropped from 1.3661 to 1.3550. This initial decline had momentum; sellers took charge and pushed prices past […]