GBP/USD On The Edge As Retail Sales Slump

The GBP/USD pair edged lower earlier on Friday after data published by the Office for National Statistics recorded a nosedive in retail sales volumes in July.

GBP/USD Pulls Back Ahead of UK’s GDP Data

The GBP/USD pair was in the red earlier on Wednesday ahead of UK’s GDP data for the second quarter. The US CPI data will be released later in the day.

GBP/USD Darts Higher in the Wake of BoE’s Dovish Ambience

The GBP/USD pair was trading higher ahead of the US weekly initial jobless claims. The BoE published its monetary policy decision for August earlier today.

GBP/USD Stance Ahead of UK’s Manufacturing Index

The GBP/USD pair remained unchanged ahead of United Kingdom’s Manufacturing Purchasing Managers Index (PMI) for July. The pair ended the previous week lower.

GBP/USD Retreats Ahead of US Jobless Claims

The GBP/USD pair was slightly changed after the release of mixed UK’s employment data for the April to June 2021 quarter.

GBP/USD Stance Ahead of US PPI Data

GBP/USD pair increased after the release of positive Consumer Price Index (CPI) data in the UK. Jerome Powell is yet to appear before the Congress later today.

GBP/USD: What to Expect with UK GDP in Focus

GBP/USD is on a rebound, although it is experiencing resistance at 1.3800. Investors are focused on the UK GDP data and the Fed monetary policy report later in the day.

GBP/USD Forecast with BoE Interest Rate Decision on the Horizon

GBP/USD is seesawing along 1.3800 ahead of the BoE interest rate decision. It is likely to be range-bound between 1.3800 and 1.3900 ahead of the event.

GBP/USD Forecast Ahead of the UK Retail Sales

GBP/USD has eased on its decline ahead of the UK retail sales data. The data comes at a time when UK government postponed reopening by a month.

GBP/USD Outlook Ahead of UK Retail Sales Data

GBP/USD is trading higher ahead of the UK retail sales data. Analysts expect a reading of 36.8% YoY compared to the prior month’s 7.2%.