GBP/USD Price Forecast: Bullish-engulfing pattern looms, traders eye 1.3600
TheGBP/USDpair advances by some 0.78% on Thursday as market participants continue to price in further tightening by the Bank of England (BoE), even though it keptratessteady earlier in the day. At the time of writing, the pair trades at 1.3581 as a technical ‘bullish engulfing’ chart pattern looms. Read More…
GBP/USD surges amid lower-than-expected US GDP growth, BoE hold
The GBP/USD pairsurges 0.6% on Thursday, trading at around 1.3550 level, after the Bank of England (BoE) left interestratesunchanged at 3.75% with an 8-1 vote and amid lower-than-expected GDP growth in the US. Read More…
GBP/USD Price Forecast: Remains sticky around 20-day EMA in countdown to BoE’s policy
The GBP/USD pairtrades flat near 1.3475 during the European trading session on Thursday. The Cable consolidates as investors await the Bank of England’s (BoE) monetary policy announcement at 11:00 GMT. Read More…
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