Friday , 20 September 2024
Home Forex GBP/USD Price Analysis: Stays bullish despite retreating from two-month highs
Forex

GBP/USD Price Analysis: Stays bullish despite retreating from two-month highs

The Pound Sterling holds to earlier gains versus the Greenback following a hotter-than-expected inflation report in the UK, yet the pair pulls back from a two-month high as the CPI approaches the Bank of England’s goal.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Baker Hughes US oil rig count: Unchanged at 488

The recent drop in oil prices hasn't curbed drilling yet but could...

Fed’s Bowman explains dissent. Says she would have preferred a smaller rate cut

Sees progress on inflation and labor market cooling since mid-2023Believes smaller initial...

Morgan Stanley: We expect a string Fed cuts through mid-2025; staying short USD/JPY

Morgan Stanley anticipates a series of 25bp cuts from the Federal Reserve...

AUDUSD dips to moving average support. What next technically?

The AUDUSD moved up and tested a swing level near 0.6823 in...