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GBP at Risk Despite Hawkish Statement from ECB
Nov 2 2023Experts doubt the commitment to interest rates by the BoE, causing the Sterling to weaken in GBP/USD and other major currency pairs.
UK Economic Data Postponed, GBP/USD in Distress
Oct 17 2023The delay of some employment reports today triggered a crisis of confidence in the accuracy of UK economic data. GBP/USD weakened as a result.
GBP/USD Falls Due to Mediocre Economic Data
Oct 12 2023GBP/USD is burdened by the uncertainty of the UK's economic prospects and interest rates, even though a recession may not occur.
GBP/USD Hit by a Series of Significant Events
Sep 22 2023 IG NewsGBP/USD buried at its lowest level since March, while EUR/GBP soared to its highest level since July.
Inflation in the UK Cools Down, GBP/USD Weakens
Sep 20 2023 Market NewsThe UK inflation data misses consensus estimates, causing market participants to have increased doubts about interest rate prospects and the pound sterling.
The UK Economy Worsen, GBP/USD Plummets
Sep 13 2023 Market NewsThe UK GDP showing disappointing results. This indicate that the UK economy is plummeting and causing GBP/USD to fall.
UK Wishes to Halt Rate Hike, GBP/USD Slides
Sep 6 2023 Market NewsAndrew Bailey delivered a dovish-toned testimony to the British Parliament, thus putting pressure on the pound sterling in GBP/USD and other currency pairs
Business Services in UK Slump, GBP/USD Decline
Aug 23 2023 Market NewsGBP/USD continues to be burdened by the economic controversy in the UK. Now, the UK business services are undergoing a recession.
GBP/USD Rebound Stumbles on UK Retail Sales
Aug 18 2023 Market NewsUK retail sales data appeared weak, causing a GBP/USD momentum slowdown. However, this currency is still supported by some other data.
Household Income Rises, GBP/USD Wiggles
Aug 15 2023 IG NewsThe increase in income contributes significantly to the inflation rate, potentially pressuring the Bank of England (BoE) to raise interest rates once again.
