GBP/USD retreats from daily high towards 1.3700 as USD recovers
GBP/USD consolidates gains on the last trading day of the week. US Dollar Index recovers
Financial and Business News
GBP/USD consolidates gains on the last trading day of the week. US Dollar Index recovers
UK Manufacturing PMI misses estimates with 56.3 in September. Services PMI in the UK drops
The Bank of England will have to balance supply chain constraints and surging prices and
GBP/USD rebounds from five-week low, picks up bids of late. Fed propelled USD but Evergrande
Cable risks a deeper pullback to the 1.3600 region in the next weeks, suggested FX
GBP/USD bulls step in as Evergrande risk aversion abates. US stock market is back in the
GBP/USD prints a new weekly low at 1.3745. Awful UK’s Retail Sales report fails to
A combination of factors failed to assist GBP/USD to capitalize on its intraday uptick. The
UOB Group’s FX Strategists noted Cable now moved into a consolidative phase between 1.3730 and
GBP/USD remains poised for weekly losses and continues to trade lower on Friday. US Dollar Index