GBP / USD Weekly Forecasts: Out Of Range? Duo of central bank decisions to trigger action

Do current inflation trends justify policy tightening in the near future? The latest figures from last week have caused nervousness, leaving investors perplexed. Central banks will come into the picture over the coming week, with the Fed’s taper schedule and the BOE’s rate hike outlook critical for the GBP / USD. Read more…

GBP / USD hits weekly low below 1.3750 following disappointing UK retail sales

GBP / USD slips during the US session to new weekly lows, trading at 1.3754, down 0.26% at time of writing. As we get closer to the London Fix and head into the weekend, we can expect some downward pressure due to weakening market sentiment. Read more…

GBP / USD Forecast: More Pound Gains? Three Higher Lows and Improving Market Mood Point Up

On Thursday, the dollar attracted safe haven flows that came as US stocks suffered another day of decline – for no fundamental reason. US retail sales figures showed an increase of 0.8% in August, much better than an expected drop. On the other hand, inflation is far from highs, as the figures from the Consumer Price Index and more recent surveys show. Read more…

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