GBP/USD Forecast: Pound sterling to stay rangebound ahead of key events
GBP/USD went into a consolidation phase above 1.2800 on Monday after having climbed to its strongest level in 14 months at 1.2850 on Friday. The pair could have a difficult time building on last week's gains in the near term, with investors moving to the sidelines ahead of this week's key macroeconomic events. Read more...
GBP/USD: Minor dips should remain well-supported – Scotiabank
Economists at Scotiabank analyze GBP outlook.
EUR/GBP to see a further fall towards support around 0.8450
Sterling gains have steadied versus the USD, with oscillator signals veering towards overbought on the intraday and daily studies. Read more...
GBP/USD: Longs stretched but acceleration to 1.30 may gather momentum depending on Wednesday’s CPI – SocGen
GBP/USD pauses after a 1.95% gain last week. Economists at Société Générale analyze GBP outlook ahead of the UK Consumer Price Index (CPI) data and the Bank of England (BoE) meeting this week. Read more...
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