Above: GBP/USD saw a lack of buying momentum earlier this week as traders focused most of their funds on pushing the EUR/GBP lower. The British pound (GBP) continues to enjoy the lion's share of …
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The British pound (GBP) was the stand-out performer of the past week after it surged on Thursday on warnings that UK interest rates will soon start to rise.
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Above: The traders piled into the pound overnight when the Bank of England announced it was considering raising interest rates sooner than markets had expected. The British pound (GBP) is firmly o…
Read more … →Above: BoE Governor Mark Carney sends the pound sterling sky-high against the euro. But look at the RSI indicator which is reading well above 80 warning of overbought conditions. The British poun…
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The British pound (GBP) is forecast to enjoy a bullish run against the euro in the long-term thanks to widening interest rate differentials between the UK and Eurozone.
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The pound euro exchange rate faces an important session on Thursday while the pound dollar rate will see increased volatility on Friday.
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Above: The pound euro exchange rate shot higher after the ECB announced it is cutting the refinancing rate to 0.15% from 0.25%. The British pound (GBP) exchange rate complex is one of the better p…
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