During Wednesday’s trading session, the British Pound depreciated 46 pips or 0.36% against the US Dollar. Note, that the British Pound also depreciated against other major currencies. The reason for […]
On Wednesday, the GBP/USD exchange rate tested the support level—the weekly S1 at 1.3027. During today’s morning, the rate surpassed the given support. Given that the currency pair is pressured […]
Despite signs of continued weakness in Eurozone manufacturing, economic sentiment in Germany is reportedly beginning to improve and this made it more difficult for a weaker British Pound to Euro […]
Sterling fell after Prime Minister Theresa May’s plan to present her EU withdrawal deal for a third time to the Commons hit a major speed bump after a ruling by […]
The pound against the US dollar is under pressure ahead of the third vote in parliament related to Brexit. Sterling against the dollar erased some of the solid gains it […]
The pound extended its rally in Asian trade after British Prime Minister Theresa May hammered out a revision to her controversial Brexit deal she hopes will be enough to push […]
Upside risks prevailed in the market on Wednesday, thus sending the US Dollar to surged by 0.70% against the Canadian Dollar. The currency pair dashed through a resistance cluster formed […]
The British pound appreciated against the US Dollar, following the United Kingdom Retail Sales release on Thursday at 08:30 GMT. The GBP/USD exchange currency rate gained 16 pips or 0.12% […]
