UK Preliminary Composite PMI Jumps to 53.9 from 51.4 Prior
Flash estimates indicate a significant acceleration in the UK economy at the start of the year. The S&P Global Composite…
Tag: GBP
Sterling Strengthens on Strong UK Retail Sales and PMI Data
The British Pound (GBP) is attracting significant buying interest against major currencies following unexpectedly strong economic data from the United…
GBP/USD holds steady near 1.3380 as robust data lifts the US Dollar
During Friday’s North American session, the GBP/USD pair is consolidating sideways near 1.3380. Although Sterling reached a daily high of…
GBP/USD likely to challenge key support at 1.3370 – UOB Group
UOB Group FX analysts Quek Ser Leang and Peter Chia note that despite a lack of significant bearish momentum, Sterling…
GBP/USD holds steady near the 1.3500 level – Scotiabank
According to Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret, the Pound Sterling (GBP) is trading flat against the…
EUR/GBP Slips Towards 0.8700 Following Eurozone and UK Manufacturing Data
The EUR/GBP pair posted losses for a third consecutive day, though it remains confined within a tight 0.8700-0.8740 trading band.…
Pound Tumbles on Signs of Deteriorating UK Job Market
The Pound Sterling slid sharply against its major peers on Tuesday after UK labour market figures for the three months…