Tag Archives: GBPUSD
Sterling Gains on Softer US Dollar Amid Easing Growth Concerns
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The pound remained steady on Thursday, poised for a modest weekly gain against the dollar ahead of U.S. employment data, which could shape the currency markets in the coming weeks and months. GBP/USD rose 0.25%, closing at 1.3177, edging back towards its last week’s two-year high of $1.3269. (GBP/USD Daily Price Chart, Source: Trading View) […]
Focus on GBPUSD today – 22nd Aug, 2024
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In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for Aug 22, 2024. Key Takeaways Technical Analysis Daily Chart Insights (GBPUSD Price Daily Chart, Sources from Ultima Markets MT4) 15-min Chart Analysis (GBPUSD 15 Minutes Price Chart, Sources from Ultima Markets MT4) Pivot Indicator (GBPUSD 30 Minutes Price Chart, Sources […]
Pound Sterling Strengthens on Rebound in Retail Sales
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The UK economy received another boost as retail sales rebounded in July, rising by 0.5% month-over-month, after a revised 0.9% decline in June. This positive retails sales data has contributed to a rise in the pound’s value. GBP/USD rose 0.72% last Friday, closed at 1.2940. (GBP/USD Daily Price Chart) The recovery in retail sales can […]
Focus on GBPUSD today – 15th Aug, 2024
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In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for Aug 15, 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
UK PMI Growth Accelerates, Retail Sales Increase
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The S&P Global UK Composite PMI for July 2024 was adjusted upwards to 52.8 from the initial 52.7 estimate, indicating faster economic expansion compared to June’s 52.3. UK private sector growth was fueled by increased demand, particularly in exports, reaching levels unseen since April 2023. Employment growth hit a 13-month high, while backlogs of work […]
Focus on GBPUSD today – 2nd AUG 2024
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In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for AUG 2 2024. Key Takeaways Technical Analysis Daily Chart Insights H1 Chart Insights Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Focus on GBPUSD today – 23rd July 2024
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In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for July 23 2024. Key Takeaways Technical Analysis Daily Chart Insights H1 Chart Insights Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Focus on GBPUSD today – 17th July, 2024
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In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for July 17, 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Focus on GBPUSD today – 4th July 2024
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In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for July 4 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-Hour Chart Insights Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Focus on GBPUSD today – 25th June, 2024
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In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for June 25, 2024. Key Takeaways Technical Analysis Daily Chart Insights 4-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]