GBP/USD

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Research

GBP/USD: What doesn’t kill you makes you stronger

GBP/USD is down only modestly despite so much negative news...

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August 5, 2022 05:41 PM
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BoE’s grim forecasts weigh on pound

…But there’s hope for GBP/USD bulls – the dollar and bond yields are weakening again.

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Bank of England Preview

Ahead of the BoE decision, the GBP/USD has established a base around low $1.20s.

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August 4, 2022 10:14 AM

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Research

GBP/USD could revisit 1.25 as US recession confirmed

GDP was quite poor, so there won’t be a hattrick of 75 basis point hikes in September, that’s for sure.

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Two trades to watch: GBP/USD, EUR/USD

GBP/USD rises as the jobs market boom continues. EUR/USD rises over 1.0150 ahead of CPI data.

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July 19, 2022 08:14 AM
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Two trades to watch: GBP/USD, USD/CAD

GBP/USD rises after UK GDP, US CPI next, USD/CAD awaits the BoC rate decision.

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July 13, 2022 08:17 AM
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Recession Trade Keeps Risk Assets Under Pressure

Fears over a recession continues to drive financial markets, with commodities feeling the heat

Two trades to watch: GBP/USD, CAC40

GBP/USD looks to PMI data, financial stability report. CAC 40 rises ahead of PMI, French industrial production.

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July 5, 2022 08:45 AM
Energy

Two trades to watch: GBP/USD, Oil

GBP/USD rises as USD eases ahead of PCE inflation. Oil steadies ahead of OPEC+ announcement.

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June 30, 2022 08:23 AM
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Two trades to watch: GBP/USD, USD/CAD

GBP/USD rises despite strike action. USD/CAD falls ahead of retail sales, Fed Powell.

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June 21, 2022 08:42 AM

BoE risks losing credibility after 25bp hike

The 25-basis-point hike was priced in but failure to surprise… is a surprise in this week of central bank surprises

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BoE’s dilemma

A 25-basis-point hike is priced in, but will the BoE deliver a surprise?

Two trades to watch: DAX, GBP/USD

DAX falls as the market mood sours, factory orders drop. GBP/USD falls as Bojo holds onto power, just.

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June 7, 2022 08:38 AM
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Two trades to watch: GBP/USD, Oil

GBP/USD rises despite PM Boris Johnson facing a vote of no confidence. Oil prices rise as Saudi Arabia hikes prices.

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European Open: UK traders return to their desks (FTSE, GBP/USD)

The 4-day weekend has come to an end and the FTSE will reopen today. Yet take note of public holidays across Europe so liquidity should be lower than usual.

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June 6, 2022 05:41 AM

FOMC minutes confirm 50bps hikes in June and July (USD/JPY, GBP/USD)

Whilst the FOMC minutes helped lift the dollar and Wall Street on the day, but we’re not convinced the dollar low is in just yet.

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Two trades to watch: DAX, GBP/USD

DAX rises ahead of German IFO business climate data, GBP/USD rises ahead of BoE’s Bailey.

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After most of the data for the week, GBP/USD advancing

GBP/USD has been moving higher this week as a result of the strong labor market in the UK and the high inflation readings.

Two trades to watch: DAX, GBP/USD

DAX falls after industrial production tumbles. GBP/USD falls to a fresh 23-month low ahead of US NFP.

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BoE Preview: MPC won’t deviate much from recent hawkish path

The Bank of England looks set to hike rates by 0.25%, but how will this impact the pound?

The Pound takes it on the chin

Last weeks poor economic data caused the wheels to fall off the Pound.

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April 26, 2022 06:39 PM
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Asian Open: The Fed’s Bullard calls for rates to be at 3.5% by year end

The US dollar was broadly higher overnight as the Fed’s Bullard laid out a path for 50-bos hikes at each remaining Fed meeting this year.

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Yields and US Dollar pull back at resistance; EUR/USD, GBP/USD

Yields began moving lower yesterday. Today, the US Dollar took its turn to move lower.

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April 13, 2022 07:28 PM