GBP/USD The Pound nosedive continues, with the rate now sitting all the way down at its lowest level since June 2020. This comes as the Pound has been hit by a hefty amount of setbacks, most notably the Bank of England announcements last Thursday. In t ...
Bank of England decision day
GBP/USD Yesterday was a big day for the Buck as the much awaited decision by their central bank, the Federal Reserve, was available for all to see. The path the Fed chose to take was a 0.5% hike in interest rates, the largest hike ever for the last two ...
Fed in the spotlight
GBP/USD A new day and still the rate continues its recent downwards trend, with the pair already printing a decline at the time of writing, but for now the losses are minimal. The current unresponsiveness in the market is likely down to investors antic ...
Big week for the banks
GBP/USD Last week we saw the rate catapult down to its lowest levels since July 2020 following an intense sell-off initiated by poor economic reports from the UK. As it currently stands, the rate is still sitting in this crater, with the Pound struggli ...
Market rollercoaster
GBP/USD The Dollar boom continues yet another day as the Pound tries desperately to stay put and not exceed the lows we reached yesterday. As it currently stands, the rate is teetering in and out of a decline showing the conflict between the Pound and ...
Sterling on a slippery slope
GBP/USD The Pound still finds itself trapped in a steep decline against the Dollar, now making for its 6th consecutive day of decline. Following these huge losses that the Pound has experienced recently, the rate now finds itself sitting down at the lo ...
Bipolar markets
GBP/USD Still the downwards trend prevails, with the rate having now printed consistent losses for 5 days, showing no signs of slowing down. This comes as the Dollar continues to siphon an immense amount of strength following a basket of Global happeni ...
Pound pummeled
GBP/USD These past few days the Pound has taken a hammering, pushing it down a very slippery slope and sliding down to its lowest levels seen since September 2020. This comes as the Pound has attracted lots of unwanted pressure which has evidently weig ...
Interest rate decisions on the horizon
GBP/USD Today we are benefitting from the surprise ‘juggernaut rally’ from the Pound yesterday, in which we saw the currency climb substantially against the Dollar. This likely came into fruition as investors bought into the yearly dip that the rate pl ...
Surging inflation
GBP/USD After almost a week of fighting back, the Pound has finally fallen to the Dollar’s strength and dropped down to its lowest level since November 2020. Earlier this morning the Pound was supported by soaring inflation figures but the effect of th ...