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Will 1.7285 on GBP/CAD Offer Support?

The Great Britain pound versus the Canadian dollar currency pair seems to be in a bit of a struggle, with both bulls and bears striving to gain traction.

GBP/USD Rises Amid Higher-Than-Expected Inflation, Aggressive Vaccinations

The British pound sterling rose against its major currency peers amid higher-than-expected inflation to cap off 2020 in the United Kingdom. Across the board, the cost of living was higher in December, leading to speculation that this could be the start of soaring price inflation in the aftermath of billions in fiscal and monetary stimulus and relief. But how much of an impact will this have on the pound?

Bulls Showing a Comeback from 1.3519 on GBP/USD?

The Great Britain pound versus the United States dollar currency pair seems to be surprised by the bulls. Will they be able to steer the price for the medium term?

Pound Falls on Risk-Off Mood, Later Rallies on COVID-19 Vaccine Progress

The Sterling pound today fell against the dollar amid slow trading conditions occasioned by the lack of major releases from the UK and US dockets. The GBP/USD currency pair later recovered most of its losses as the pound rallied with US markets closed for Martin Luther King Jr.’s birthday.

British Pound Falls on Weak UK Macro Reports, Despite Upbeat GDP Data

The Sterling pound today fell against the dollar despite the release of the upbeat UK GDP growth monthly estimate as other key macro indicators missed expectations. The GBP/USD currency pair fell as the dollar inched higher, and UK manufacturing data painted a bleak picture of the country’s economic recovery.

Bears Target 1.7285 on GBP/CAD?

The Great Britain pound versus the Canadian dollar currency pair seems to be heading southward. But is this the start of a new depreciation, or are the bulls setting up a rally?

Pound Firms as BoE Members Comment on Negative Interest Rates

The Great Britain pound rallied today, trading as the strongest major currency on the Forex market. Analysts explained the rally by comments from central bank’s officials regarding the outlook for negative interest rates.

GBP/USD Bounced off 1.3500. What Now?

The Great Britain pound versus the United States dollar currency pair seems to be willing for another try to pass 1.3616. Is the current context favoring such a scenario?

Great Britain Pound Ends Friday Strong

The Great Britain pound was one of the strongest major currencies on Friday despite plenty of negative fundamentals that were weighing on the currency. Over the week, though, the sterling kept losses versus most of its major peers.

Can the Bulls Thrust to 1.7587 on GBP/CAD?

The Great Britain pound versus the Canadian dollar currency pair seems to be under constant bearish pressure. Will the bulls hold up this time as well?

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