GBPUSD price finally broke out of its intraday consolidative trading range and spiked to fresh session tops, around the 1.3025-30 region in the last hour.
The British pound’s bullish momentum took a pause during yesterday’s session as doubts and uncertainty over Brexit developments resurface.
In this GBPUSD technical outlook, the pair struggled to capitalize on the Asian session bounce and dropped to fresh one-week lows, below mid-1.3100s in the last hour.
Sterling continues to gain, capitalizing on USD weakness. How is the GBPUSD pair trading today? Peer into the 2 February GBPUSD Technical Analysis to see how.
Get updated on the 23 February GBPUSD Technical Outlook as it shows that the pair is preparing to take another run at 1.40, but Brexit in-fighting continues to erode Sterling potential.
As focus remains on PM May speech, analysts believe she will fail to provide enough detail to please the EU. Meanwhile, how is the GBPUSD pair trading today? This and more are unveiled in the 2 March GBPUSD Technical Analysis.
Today’s key focus would be on the UK PM Theresa May’s keynote Brexit speech. But what other upcoming events do you need to keep a tab on today? Find out on the 2 March Market Moving Fundamental Events.
All eyes are on Bank of England (BOE) as the 14 December GBPUSD Technical Outlook shows. Markets expect it to keep the interest rates unchanged. Learn more.
GBP/USD looks weaker than ever ahead of UK services PMI release. What more is disclosed about the pair? Find out on the 5 March GBPUSD Technical Analysis.