cable

GBPUSD bulls are trying to move closer to 200-period SMA

13 MAY

11:49

This Week: GBPUSD bulls are trying to move closer to 200-period SMA

Stronger than expected wage data could push cable up to its 50-day simple moving average at ~1.2599, while softer numbers might see the major pull back towards 1.24.

British Pound GBPUSD cable Week Ahead

This Week: GBPUSD tests 21-SMA ahead of BoE rate decision & commentary

29 JAN

08:09

This Week: GBPUSD tests 21-SMA ahead of BoE rate decision & commentary

Cable is testing the key resistance level at 21-period SMA (1.270545) as investors anticipate the BoE’s comments regarding the future of it’s policy.

Pound cable GBPUSD BoE Rates

GBPUSD slides below 1.27 amid weaker UK inflation

20 DEC

13:42

GBPUSD slides below 1.27 amid weaker UK inflation

Today’s UK CPI data came in much lower than expected for November prompting markets to ramp up bets for UK rate cuts next year.

British Pound GBPUSD cable

This Week: GBPUSD bulls are trying to move closer to 200-period SMA

13 May

11:49

This Week: GBPUSD bulls are trying to move closer to 200-period SMA

Stronger than expected wage data could push cable up to its 50-day simple moving average at ~1.2599, while softer numbers might see the major pull bac...