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Tag Archives: GBP/USD

UK’s Economic Outlook Worries as Pound Set to Depreciate 

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for JAN 9, 2025.  Fundamental Analysis  GBPUSD Key Takeaways  Technical Analysis  GBPUSD Daily Chart Insights  (GBPUSD Daily Price Chart, Source: Ultima Markets MT4)  GBPUSD 1-hour Chart Analysis  (GBPUSD H1 Price Chart, Source: Ultima Markets MT4)  GBPUSD Pivot Indicator  (GBPUSD M30 Price […]

Written on January 9, 2025 at 12:04 pm, by

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Categories: Analysis, Market Outlook (New), Technical analysis

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Pound Sterling Hits Nine-Month Low Against U.S. Dollar 

Pound Slides as Dollar Strengthens on Policy Expectations  The British pound sank on Thursday to a level it has not seen for nearly nine months against the US dollar as the latter’s position remained strong waiting for the alteration of internal policies from the soon to be President Donald Trump. The pound had given up […]

Written on January 4, 2025 at 11:06 pm, by

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Categories: Market News (New), Market Outlook (New), News

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Pound Sterling Strengthens After PMI Release 

Bank of England Remain Cautious in Rate Cut  On Monday, the Pound Sterling strengthened against the US Dollar after a business activity survey signalled rising prices in Britain, while investors prepared for a series of central bank meetings this week, including the Bank of England’s decision on Thursday. GBP/USD climbed 0.57%, closing at 1.2682.  (GBP/USD […]

Written on December 17, 2024 at 2:33 pm, by

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Categories: Market News (New), Market Outlook (New), News

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