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Tag: Andrew Bailey

GBP/USD Weekly Forecast: Poised to Gain in Thanksgiving Week

The GBP/USD weekly forecast is bullish as the pair ended the challenging week marking a 2-week top around 1.2500. The pair’s trajectory hinges on...

Pound Sterling Price News and Forecast: GBP/USD soaring into 1.24, set for its best trading day since March

Share: The GBP/USD is climbing into the 1.2400 handle to cap off a trading week that saw the pair mostly flounder around...

GBP/USD Price Analysis: Pound Holds Steady After BoE’s Pause

The pound showed resilience following the Bank of England’s decision to hold rates. The BoE signaled no imminent intention of cutting rates. There are concerns about...

UK CPI, Jobs to Make the Case for BOE – Orbex Forex Trading Blog

The UK will release a trove of data this week, with the inflation and jobs numbers likely to have the biggest impact on the...

Pound Sterling maintains strength on Mann’s hawkish guidance, US Dollar corrects

Share: Pound Sterling capitalizes on improved market sentiment and BoE’s Mann hawkish commentary. Katherine Mann favored an aggressive policy-tightening approach. Investors...

Bank of England’s Surprise Policy Pivot: Implications for Inflation and Economic Stability

In a surprising turn of events, the Bank of England has decided to halt its relentless streak of interest rate hikes, putting an end...

BOE Set to Hike, With Considerable Doubts Over What’s Next – Orbex Forex Trading Blog

There is a pretty solid consensus that the BOE will hike when it meets on Thursday. But there is a major caveat for those...

UK GDP, Employment: Last Data Before BOE Hike? – Orbex Forex Trading Blog

Next week, the BOE will meet and potentially raise rates for the last time this cycle. Whether or not that’s the case could depend...

GBP/USD Price Analysis: Pound Soars Amid Upbeat Basic Wages

Data revealed a record surge in UK basic wages. The UK’s unemployment rate climbed to 4.2% from 4.0%. Market estimates suggest a 55%...

Cryptocurrency Regulatory and Legislative Analysis #12

Cryptocurrency Regulatory and Legislative Analysis #12August 2, 2023Demetrios TseasRegulatory and Legislative Analysis – GLOBALBIS claims there could be over 20 active CBDCs by 2030A...

GBP/USD Forecast: Pound Dives Following Cooler Inflation Figures

British inflation data came in lower than anticipated. Market sentiment now leans toward a 25bps increase in UK rates on August 3. The...

Bank of England warns of mortgage agony, says monthly costs could jump £500 for some

Suburban residential properties and distant city high-rises in Ruskin Park, a public green space in Lambeth, on 11th June 2023, in London, England.Richard Baker...

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