The British pound has too much weight on its shoulders. Especially, against the US dollar...
Tag - gbp
Trump's administration is discussing a stimulus package to fight the coronavirus. What awaits the USD?
GBP/USD retraced more than 78.6% Fibonacci of the 2019 advance. Last week was the worst for the pair since the Brexit referendum.
The GBP was a loser after an emergency rate cut by the Bank of England…
EUR/GBP has been on a rise since the middle of February. What are the possible targets for this movement?
More coronavirus cases resulted in risk aversion and weakness of the USD.
Central banks are making a big impact on the market. What does it mean for EUR/USD, USD/JPY, GBP/USD, AUD/USD, and USD/CAD?
The USD is under pressure versus the EUR and the JPY as traders raised bets on the Fed's rate cut. Lean more!
Did the coronavirus hit the United States? What does it mean for the USD? Which other events will impact the American currency today?
The US Dollar steps back on ease expectations to fight off the Coronavirus damage. See where the USD goes against the EUR, GBP, CNH, JPY, and NZD!
Coronavirus is once again disrupting the markets: AUD/USD is at multiyear lows. Many other pairs formed bearish gaps as well. EUR/USD is awaiting data from Germany.
GBP/USD had been rejected down from the 200-week MA in the 1.3033 area. Then it fell below the 100-week line at 1.2950.