GBP/USD

The GBP/USD is trading down back in the middle of the old range in 1.2800s as plan B for Brexit is unlikely to surprise. The UK Prime Minister Theresa May is expected to present Plan B in the House of Commons on Monday with a new plan being reportedly pretty much the same as the original. The GBP...

Theresa May's Brexit proposal got rejected at with 432-202 votes Opposition Labor party will trigger a no-confidence vote today with Theresa May seen winning the vote as Conservatives are unlikely to face early elections amid lack of public support. The Bank of England Governor Mark Carney is...

The GBP/USD moved lower towards 1.2700 level even with No Brexit option admitted by UK Foreign Secretary. The UK Foreign Minister Hunt admitted a no Brexit possibility coming into the sight as Brexit deal impasse weighs. The UK manufacturing output fell -0.3% m/m in November after a revised...

The GBP/USD is trading little changed on the downside at around 1.2750 boosted by the dovish tone of the FOMC meeting minutes highlighting patience for the future moves on rates. The UK parliament banned the government to leave with a no-deal Brexit, in an attempt to avoid the worst case scenario...

UK media report that the UK and European officials are discussing the possibility of extending Article 50, the Daily Telegraph reported on Monday evening. The UK Brexit Secretary Barclay said the government is not looking to extend Brexit leave date. Re-pricing of the outlook for the US rates is...

The GBP/USD is trading flat at around 1.2740 ahead of the UK parliament resuming Brexit deal debate later on Monday. Briton would vote “remain” should the referendum on leaving the European Union be held now, a survey from the polling firm YouGov showed. The UK government is set to...

GBP/USD is trading below 1.2700 at the wake of the new year. Concerns about Brexit, China, and the government shutdown weigh. The technical picture is mixed for cable. GBP/USD fell below 1.2700 as 2019 kicks off in earnest. The move reverses an upwards move seen around the holidays, and now its...

The GBP/USD rose to 1.2747, the highest since December 10 at the end of the year low liquidity trading. The European Commission President Juncker said the EU is not trying to keep Britain in and wants to start discussing future ties the moment the UK parliament approves Brexit. The US political...

The GBP/USD is trading in a sideways trend capped in a tight trading range of 1.2600-1.2700. The Christmas holiday-thinned trading is expected to keep the currency in a current trading range. The GBP/USD is trading little changed on the downside at around 1.2630 with currency market moves limited...