Fundamental analysis of GBP/USD

23.05.2022GBPUSD is keeping its positive momentum and trying to get back to balance.The Pound sterling is moving away from its local lows against the USD. The current quote for the instrument is 1.2552.The statistics published last Friday showed that the Retail Sales in the United Kingdom gained 1.4...

18.05.2022GBPUSD moved away from its lows but investors need good news to continue buying. The Pound sterling took a break against the USD on Wednesday. The current quote for the instrument is 1.2403.The United Kingdom continues to release the statistics, this time on prices. For example, the CPI sh...

17.05.2022GBPUSD is successfully moving away from its lows. The Pound sterling continues recovering against the USD on Tuesday. The current quote for the instrument is 1.2458.A short pause in the USD rally allows other traded currencies to reach stability or even recover a little bit. However, nothi...

12.05.2022GBPUSD remains under bearish pressure; there is no good news.The Pound sterling continues weakening against the USD on Thursday. the current quote for the instrument is 1.2205.Today’s flow of statistics didn’t give the Pound a single chance to reach stability. For example, it turned out th...

11.05.2022GBPUSD remains under bearish pressure; the Brexit issue doesn’t make things more optimistic.The Pound sterling remains weak against the USD. The current quote for the instrument is 1.2374.Today’s slight optimism shouldn’t mislead anybody: lows in GBP are too close. On Monday 9 May, the ass...

22.04.2022GBPUSD updated the lows after the UK released Retail Sales statistics.The Pound sterling dropped against the USD on Friday. The current quote for the instrument is 1.2908.The new bottom, 1.2898. is the lowest since 3 November 2020. The key trigger for this was the Retail Sales Report publi...

20.04.2022GBPUSD remains under pressure; the Pound sterling is taking any opportunity to reach stability.The British Pound is taking severe damage from the USD attack and is using every single opportunity to recover. The current quote for the instrument is 1.3023.The lack of any important macroecono...

12.04.2022GBPUSD is still falling and slowly approaching the lows. The Pound sterling resumed its decline against the USD. The current quote for the instrument is 1.3012.The statistics published today showed that the Unemployment Rate in the United Kingdom dropped to 3.8% in February after being 3.9...

11.04.2022GBPUSD remains under pressure and may start plunging at any moment. It seems like the Pound sterling is afraid to move at all against the USD. The current quote for the instrument is 1.3028.The USD’s attack against the British currency is too strong. Bears may get more active and push the ...

07.04.2022GBPUSD remains inside the downtrend and is slowly approaching the lows. The pound sterling slowed down its decline against the USD but is still looking rather weak. The current quote for the instrument is 1.3075.The British currency is still suffering from the USD’s attack. Another negativ...

30.03.2022GBPUSD stopped falling; the pair is recovering. The Pound sterling stopped falling against the USD. The current quote for the instrument is 1.3137.The USD is weak today – it’s a great chance for other traded currencies to recover and the Pound is taking advantage of it. Market players are ...

23.03.2022GBPUSD reached its two-week highs; the future movements depend on reactions to the statistics. The pound sterling recovered a bit against the USD. The current quote for the instrument is 1.3222.The UK released several macroeconomic reports on prices, which might be very interesting because...

15.03.2022GBPUSD updated its local “bottom”; the labour market statistics managed to smooth “negative vibes”.The British Pound is looking weak against the USD on Tuesday. The current quote for the instrument is 1.3046.Earlier this morning, the pair updated its local lows at 1.2997. It happened befor...

14.03.2022GBPUSD continues falling and updating its local lows.The British Pound is getting weaker against the USD on Monday. The current quote for the instrument is 1.3051.What is happening? First of all, GBPUSD is under significant pressure that comes from the “greenback, which is in demand as a “...

22.02.2022GBPUSD is falling attacked by the “greenback”The British Pound is falling against the USD on Tuesday. The current quote for the instrument is 1.3580.Revival of the global demand for the “greenback” as a “safe haven” asset makes the Pound retreat. The statistics published yesterday showed t...

18.02.2022The statistics help GBPUSD to keep its positive momentum. The British Pound continues rising against the USD on Friday. The current quote for the instrument is 1.3622.The statistics published earlier today showed that Retail Sales in the United Kingdom added 1.9% m/m in January after losin...

16.02.2022GBPUSD has been strengthening for the second consecutive trading session; the statistics support the pair. The British Pound is still growing against the USD on Wednesday. The current quote for the instrument is 1.3569.According to the data published earlier today, the CPI in the United Ki...

14.02.2022GBPUSD is retreating early in the week; there will be a lot of interesting ahead.The British Pound is “losing weight” against the USD on Monday. The current quote for the instrument is 1.3511.This week, the United Kingdom is scheduled to release a lot of macroeconomic reports, from the lab...

11.02.2022GBPUSD remained volatile and got under pressure on Friday. The British Pound is falling against the USD on Friday. The current quote for the instrument is 1.3552.The United Kingdom released a lot of macroeconomic reports today and investors had no choice but respond. The British GDP in Dec...

02.02.2022GBPUSD took a break amid a series of increases; however, it is still looking great. The British Pound paused its growth against the USD on Wednesday. The current quote for the instrument is 1.3533.The statistics published by the United Kingdom were reasonably positive. For example, the Mor...

20.01.2022GBPUSD has climbed into positive territory; investors believe it may continue rising. The British Pound is growing against the USD on Thursday. the current quote for the instrument is 1.3631.Inflation in the United Kingdom in December demonstrated phenomenal growth and reached 5.4% y/y aft...

19.01.2022After a recent drawdown, GBPUSD is consolidating; the Pound badly needs support. The British Pound stopped its decline against the USD in favour of consolidation. The current quote for the instrument is 1.3611.The factor that supported the Pound earlier, expectations of a possible rate hik...

06.01.2022GBPUSD is still moving within the rising channel; however, the pair slowed down its growth. The British Pound took a break against the USD. The current quote for the instrument is 1.3513.According to the British Chambers of Commerce, businesses in the United Kingdom are very afraid of risi...

28.12.2021GBPUSD is keeping its positive momentum, which may seem rather limited. The British Pound intends to continue rising against the USD on Tuesday. The current quote for the instrument is 1.3439.The good news for the Pound is that British authorities won’t introduce new social restrictions or...

21.12.2021GBPUSD remains under pressure amid global COVID-related concerns. The British Pound remains rather weak against the USD. The current quote for the instrument is 1.3212.The coronavirus pandemic is still against the British currency. The number of new cases in the United Kingdom is increasin...

17.12.2021After growing for three consecutive trading sessions, GBPUSD started consolidating. The British Pound is consolidating against the USD on Friday after a significant improvement earlier. The current quote for the instrument is 1.3336.During its December meeting, the Bank of England decided ...

15.12.2021GBPUSD is trying to keep its sideways tendency and avoid further decline. The British Pound is growing a little bit against the USD on Wednesday. The current quote for the instrument is 1.3273.The statistics published earlier showed that the Unemployment Rate in the United Kingdom was 4.2%...

10.12.2021GBPUSD remains weak after updating its lows this week. The British Pound remains under pressure against the USD. The current quote for the instrument is 1.3203.The Pound was failed by the concerns about a possible outbreak of the new coronavirus strain, Omicron, in the United Kingdom. Inve...

17.11.2021GBPUSD continues consolidating after a massive drop earlier. The British Pound is still consolidating against the USD. The current quote for the instrument is 1.3422.According to the statistics published today, the British CPI showed 4.2% y/y in October after being 3.1% y/y the month befor...

For Traders Forex Analysis Fundamental analysis 11.11.202111:10 Forex Analysis & Reviews: Fed may start raising interest rates as early as February next year Relevance up to 08:00 2021-11-13 UTC+1 The data on consumer inflation in America presented on Wednesday raised the que...