Tag - gbp

GBP/USD: bears can't stop
GBP/USD: bears can't stop

The price met a support at 1.2382, so the market is consolidating on the one-hour chart. Meanwhile, bears are likely going to continue pushing the pair even lower.

Morning brief for March 31
Morning brief for March 31

The euro suffered substantial losses overnight after we received softer than expected German and Spanish inflation releases…

GBP/USD: support waiting for bears
GBP/USD: support waiting for bears

Bulls found a resistance at 1.2438, so the price is consolidating. In this case, the pair is likely going to test the nearest support.

British pound declines in Asia as markets wait for Brexit details
British pound declines in Asia as markets wait for Brexit details

On Wednesday, the British pound dropped in Asia, as markets looked ahead to Britain’s formal move to start a split from the EU later in the day, an historic moment, which will see British Prime Minister Theresa May outline the end game on areas from…

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