British pound – 2020-04-03 – Easy News

News


Exchange Rates Today 31.03.2020 Edition: Pound Sterling Outlook Mixed, Euro Sideways Despite …
Exchange Rates UK
FX analysts at Scotiabank do not have a firm take on the outlook for the British Pound exchange rates, and currently, assign GBP/USD a neutral rating …

GBP /AUD: Sterling Reaches 2-Week High versus Aussie
Currency Live
British pound benefits from euro corona bond fallout. Markets are starting to clamour for so-called corona bonds to be issued by the Eurozone to sure up …

GBP /CHF: Pound Reaches One-Month High against Swiss Franc
Currency Live
Sterling continues its run of good form with a 4-week high against the Swissie. Having fallen to levels not seen since a flash-crash in the currency after …

GBP /JPY clings to gains just below session tops, around mid-133.00s
FXStreet
On the other hand, a slight improvement in the global risk sentiment, as depicted by a positive move around the equity markets, undermined the …

1.7800 level now key upside resistance: GBP /CAD technical analysis
Capital.com
GBP/CAD medium-term price trend. The British pound ended the month of March in positive territory against the Canadian dollar after the pair staged a …

Trade the Pound , Hold the Dollar
Moneyshow.com
Better to trade vs a more neutral partner, writes Joe Perry. In our most recent “Week Ahead” we highlighted the daily British pound /US Dollar (GBP/USD) …

British Pound : USD/GBP (GBP=X) massive resistance barrier at
Live Trading News
The British pound has pulled back a bit during the trading session on Wednesday as we continue to see a lot of concerns out there when it comes to …

British Pound Sterling Price News and Forecast: GBP/USD hangs in the balance of COVID-19 …
FXStreet
In acclimatised markets, GBP /USD is bobbing along between a range of 1.2351 and 1.2475, pretty much flat on the day, as anxious markets …

GBP/USD Price Forecast – British Pound Continues to Struggle at Same Level
Yahoo Finance
At this point, market participants are very likely to see a lot of noise heading into that number but quite frankly we treasury markets attracting so much …

GBP/JPY Price Forecast – British Pound Looking to Rollover Against Yen
Yahoo Finance
The British pound initially tried to rally on Thursday, but then broke down a bit to show weakness against the Japanese yen. Previously, I suggested …

British pound – 2020-04-02 – Easy News

News


GBP /CHF: Bullish Stance Should Continue
Seeking Alpha
The GBP/CHF currency pair, which expresses the value of the British pound sterling in terms of the Swiss franc, is in effect a risk-on currency pair.

Dollar Rallies as Investors Brace for Global Downturn
The New York Times
… sterling, and most emerging market currencies as fresh selling in global … while The British pound shed 0.4% to $1.2376 .

Fed Action Driving Pound Sterling’s Resurgence against the Euro, Dollar and Other Major Currencies
Pound Sterling Live
The fading shortage of dollars in the global financial system thanks to a series of interventions by the U.S. Federal Reserveappears to be a critical driver …

GBP /USD Daily Forecast – US Dollar Continues Its Attempts To Move Higher
Yahoo Finance
This is going to be a true test for the U.S. dollar. Technical Analysis. GBP /USD continues its attempts to move lower but stays in the current upside …

British Pound (GBP) Latest: GBP/USD Stable as UK Bank Stocks Tumble
DailyFX
The banks have also been urged by the Bank of England not to pay bonuses to senior staff. In a statement, the BoE’s Prudential Regulation Authority s …

GBP/JPY Price Forecast – British Pound Pulls Back Against Yen
FX Empire
The British pound continues to show a lot of volatility due to the fact that it has probably rallied far too much in the short term, especially against the …

Pound Sterling Surges into Month-End, Up 1.0% against Euro and Dollar Bloc
Pound Sterling Live
The British Pound extended a late-March rally into the final session of the month by notching up gains in excess of a percent against the Euro, Franc …

GBP/USD Price Forecast – British Pound Continues to Press the Issue
FX Empire
Quite often, you will see something like this form and if this happens two or three days in a row, eventually exhaustion sets and then the market falls. GBP  …

British Pound Sterling Price News and Forecast: GBP/USD holds near the 1.2400 area
FXStreet
Is there a better currency to trade vs GBP than USD? In our most recent “Week Ahead” we highlighted daily GBP /USD chart as our Chart of the Week. We …

GBP/USD Price Forecast – British Pound Continues to Test Major Area
Yahoo Finance
This shows just how resilient the British pound is and as a result I think that we have quite a bit of a fight on our hands. The 1.25 level offering significant …

British pound – 2020-04-01 – Easy News

News


Is there a better currency to trade vs GBP than USD?
FXStreet
In our most recent “Week Ahead” we highlighted daily GBP /USD chart as our Chart of the Week. We discussed hot the 61.8% retracement level from …

GBP /CHF: Pound Makes 2 ½ Week High Versus Swissie
Currency Live
The final reading for UK fourth quarter GDP was 0.0% q/q, in line with preliminary estimates. A recession is close to guaranteed for the UK across Q1 and …

British Pound Sterling Price News and Forecast: GBP/USD is consolidating gains at the start of the …
ForexTV.com
The EUR/USD pair is trading at fresh daily lows below 1.1050 as the greenback is in recovery mode after collapsing last Friday. Market’s mood …

GBP /USD extends losses below 1.2400 ahead of UK GDP
FXStreet
GBP /USD remains on the back foot. EU- UK tussle over Brexit deadline renewed amid coronavirus. Numbers of cases drop in the UK but experts doubt …

Sterling rises as investors adjust quarter-end positions
Reuters
The pound fell earlier in the day against the dollar as the U.S. currency gained strength due to its safe-haven properties amid the spread of the …

British pound falls as Coronavirus contagion risks persist
iNVEZZ
The pound did not react to Q4 GDP data, which showed the economy stagnated in the quarter. UK Coronavirus cases are slowing but risks to the …

GBP/JPY Price Forecast – British Pound Continues to Press Against Resistance
FX Empire
We continue to see the British pound offer a lot of support, but one would have to suggest that perhaps we are running into a significant amount of …

GBP/USD Price Forecast – British Pound Continues to Test Major Area
FX Empire
The British pound has had a volatile session during Tuesday as we continue to test the 1.25 region. It has shown some resiliency but does look a bit …

GBP/USD Price Forecast – British Pound Muscling Higher
Yahoo Finance
The British pound has initially fallen a bit during the trading session on Monday, showing signs of weakness to kick off the trading week. However, we …

GBP/USD Daily Forecast – British Pound Holds Well Despite US Dollar Attempt To Rebound
Yahoo Finance
Both numbers were in line with analyst consensus. The UK economy was losing momentum in the fourth quarter of 2019, and has certainly dipped into …

British pound – 2020-03-31 – Easy News

News


Pound’s wild swings makes hedging a costly affair for virus-stricken firms
The National
“When the pound strengthened slightly on Thursday I took the chance to transfer some dollars into pounds ,” said Mr Smith, who checks exchange rates …

GBP /INR Faces Resistance After Gaining 9%
Currency Live
Currently, one British pound buys 93.628, down 0.38% as of 6:10 AM UTC. GBP/INR touched a daily low at 92.854. Last week, the price hasn’t seen a …

Wild Pound Causes Hedging Headache for Virus-Stricken Firms
Yahoo Finance
That’s transformed thinking on how low sterling could go, a situation exacerbated by the downgrade to the U.K. ‘s credit ranking from Fitch Ratings on …

EasyJet Grounds Fleet as Pandemic Pushes Airlines to the Brink
The New York Times
In a letter to easyJet’s chairman on Sunday, Haji-Ioannou said it must cancel or renegotiate a 4.5 billion pound order for 107 Airbus planes because …

GBP /EUR: Pound Boosted by Post Brexit Talks Happening by Phone
Currency Live
A surprise comment from UK PM Boris Johnson’s spokesman that technical trade talks are ongoing via telephone gave the pound a small lift. Pound  …

British Pound Today: UK Housing Market Frozen, House Price Falls Would Undermine Economy …
Exchange Rates UK
UK housing data heading into the coronavirus outbreak was generally encouraging with latest Bank of England data recording an increase in mortgage …

British Pound (GBP) Latest: GBP/USD and FTSE 100 Rally Look Vulnerable
DailyFX
The UK may in lockdown for a lot longer than originally thought, according to the country’s deputy chief medical officer. Dr Jenny Harries warned over …

GBP/JPY Price Forecast – British Pound Continues to Flex Its Muscles
FX Empire
That would be a very bullish move, and quite frankly make quite a bit of sense considering that the 200 day EMA is sitting around that area. GBP /JPY …

GBP /USD Daily Forecast – US Dollar Tries To Gain Ground After Major Rebound Of The British
Yahoo Finance
Donald Trump Extends Existing Stay-At-Home Measures Until April. The U.S. dollar is gaining some ground against the British pound following the major …

British Pound Sterling Price News and Forecast: GBP/USD is consolidating gains at the start of the …
FXStreet
GBP /USD back over $1.24 post fitch downgrade. The Pound slipped as investors weighed up the impact of a ratings cut by Fitch late on Friday. The …

British pound – 2020-03-30 – Easy News

News


Trading Support and Resistance
DailyForex.com
Last week was dominated by relative strength in the British Pound , and relative weakness in the U.S. Dollar. You can trade our forecasts in a real or …

Pound -to-Euro Week Ahead: Charts Flag Consolidation but Risk Appetite is Key
Pound Sterling Live
This can result in a GBP /USD rate that rises faster than EUR/USD, taking the Pound-to-Euro rate up with it. The rub for Sterling, however, is that there’s a …

Egypt takes economic action to counter coronavirus effects
Al-Monitor
For exporters, Egypt is providing 1 billion Egyptian pounds (about $63 million) in March and April to help cover some of the dues they pay into a  …

Digital currency-friendly Revolut launches in the US
CoinGeek
They will also get to hold and exchange 28 currencies including the U.S. dollar, the Canadian dollar, the British Pound , the euro and more. They’ll be …

Euro Forecast: More Gains on Way for EUR/USD, EUR/JPY, EUR/CHF?
DailyFX
… Swiss Franc last week, while holding its ground against the British Pound . … Similarly, EUR/JPY advanced, as did EUR/CHF, while EUR/GBP was …

Weekly Forex Forecast
DailyForex.com
EUR/GBP. The Euro initially tried to rally during the week but then fell apart against the British pound as it had been far too overbought. At this point, it’s …

Pound Rallies Against Major Currencies Despite Stock Declines
DailyForex.com
This was the best week, in terms of performance, for the pound since 2009. Its surge against the US dollar can be linked to a diminishing demand of the …

British Pound To Australian Dollar 5-Day Predictions – March PMIs Could Paint Dire Picture For …
Exchange Rates UK
The Australian Dollar briefly experienced a surge in demand last week, but as market risk-sentiment remained overall jittery the British Pound to …

British Pound Technical Forecast: GBP/USD, GBP/JPY, EUR/GBP
DailyFX
It was a big week for the British Pound . It was just last Friday that GBP/USD set a fresh 35-year-low, as a potent combo of both USD-strength and …

GBP/USD Weekly Price Forecast – British Pound Has Strong Week
FX Empire
The British pound initially pulled back during the week but found enough support at the 1.15 level to cause a significant bounce. At this point, the market …

British pound – 2020-03-29 – Easy News

News


More Than 100 British Companies Halt Dividend Payments Due to Coronavirus Pandemic
The New York Times
Persimmon postponed a 751.8 million pound dividend payment, while fellow builder Taylor Wimpey cancelled its final and special dividends for 2020, …

Top & Flop Currency ETFs Amid Coronavirus Pandemic
Yahoo Finance
Invesco CurrencyShares British Pound Sterling Trust FXB — Down 7.9%. United Kingdom has been one of the worst-hit countries in Europe, which …

Dollar climbs down as panic subsides, on course for biggest loss in decade
Reuters
The British pound last stood at $1.2183 GBP=D4. An easing in dollar funding conditions is helping to reduce demand for the dollar. The number of …

Dollar Heads for Worst Week Since 2009
Bloomberg
It has slid at least 5% against currencies including the Australian dollar, the British pound and the Mexican peso in the past 5 days. The decline comes …

GBP /AUD: Aussie Drops versus Pound as Global Equities Pullback
Currency Live
The British pound is lower against the Australian dollar on Friday. The Australian dollar flirted with a daily rise but eventually succumbed to Sterling, …

GBP /CHF: Pound Drops vs. Franc as Brexit Talks Abandoned
Currency Live
The British pound is pulling back after having gained against the franc in 5 of the last 6 days after reports that post-Brexit EU/UK trade talks have been …

Pound Sterling’s Surge against the Euro, Dollar and Other Major Currencies Draws Question Marks
Pound Sterling Live
Pound Sterling is proving a difficult subject to cover, with the sheer intra-day volatility it is currently experiencing leaving us with more questions than …

GBP /USD Price Forecast – Sterling Trying to Break Out
FX Empire
GBP/USD Price Forecast – Sterling Trying to Break Out. The British pound has rallied significantly during the trading session on Thursday, to break …

British Pound (GBP) Latest: GBP/USD and FTSE 100 Trimming Wild Gains
DailyFX
For the current strength to stay in place, the pair need to carve out a trading range to boost positive sentiment and stabilize price action. The daily chart …

GBP/USD Price Forecast – British Pound Stalls
Yahoo Finance
The British pound has gone back and forth during the trading session on Friday, running into a bit of resistance at the 1.2250 level, and that area is an …

British pound – 2020-03-28 – Easy News

News


Jamaican dollar strengthens by more than $1 against US greenback
Loop News Jamaica
The Jamaica dollar switched from its weakest trading position in March … The Canadian dollar closed at $94.44 from $94.08 and the British pound  …

Stocks jump on hope spending to blunt job losses
theday.com
Jobless claims surged to a record 3.28 million Americans last week as businesses shut down to help … The British pound increased 1% to $1.1997.

Risk sentiment drives AUD back through 0.60 US cents
Yahoo Finance
This uptick in risk demand has been key in fostering the AUD recovery to … The Great British pound continued its recovery rallying nearly 2.55 and …

British Pound , GBP/USD Climbs Through Resistance. Yen at Risk Next
DailyFX
The British Pound was the best-performing major currency on Thursday, rallying alongside a broad “risk-on” tilt in global equities. Lately, Sterling …

British Pound (GBP) Latest: GBP/USD Trending Higher Despite Poor Data
DailyFX
UK retail sales data for February were poor ahead of the economic impact of the coronavirus. The Bank of England is unlikely to announce more …

Pound Sterling in ‘Surprise Drop’ against Euro, Dollar and Other Majors
Pound Sterling Live
After a strong start to the mid-week session the British Pound has suffered a sudden and unexpected decline against the Euro, Dollar and other major …

British Pound Never Been This Cheap, Standard Chartered Says
Bloomberg
The U.K. ‘s coronavirus lockdown should trigger a recovery in the pound , which has fallen to its most undervalued ever against the dollar, according to …

British Pound Sterling Price News and Forecast: GBP/USD faces the next resistance at 1.2200/20
FXStreet
The GBP /USD rose above 1.2000 at the beginning of the American session and recently reached a fresh one-week high at 1.2160. It is trading near …

GBP/AUD: British Pound Gains as Sunak Announces Support for Self-Employed
Currency Live
The pound benefitted as the UK government offered new support for the self-employed and the Bank of England kept monetary policy unchanged.

GBP/JPY Price Forecast – British Pound Pulls Back Slightly Against Japanese Yen
FX Empire
The British pound pulled back just a bit against the Japanese yen during trading on Thursday, as we continue to see a lot of questions about global …

Covid-19 – not Brexit – to deliver bloodiest nose to British pound
Financial Mirror
A low pound is, of course, bad news for British expats who receive income or pensions in sterling ,” Green added. “ In addition, the UK’s financial services …

British Pound Sterling Price News and Forecast: GBP/USD erases losses against USD, EUR and …
FXStreet
The GBP /USD pair bounced sharply, rising more than two hundred pips from the daily low and it is back in positive territory for the day. The bounce …

GBP/USD Price Forecast – British Pound Runs Into Major Figure Before Pulling Back
Yahoo Finance
The British pound has rallied significantly during the trading session on Wednesday but has struggled with the 1.20 level yet again. At this point, the …

GBP/JPY Price Forecast – British Pound Sluggish Against Yen
Yahoo Finance
Beyond that, the British pound has to worry about not only the negotiations between the United Kingdom and the European Union, but also the complete …

Wall Street has best day in over a decade as stimulus deal nears
Chicago Business Journal
The dollar, which has surged amid the crisis, weakened to provide some respite for vulnerable currencies including the British pound , which rose …

Rupee settles 26 paise higher at 75.94 against US dollar
Economic Times
Forex traders said the rupee which started the day on a positive note, … The reference rate for rupee/ British pound was fixed at 88.7595 and for …

Dollar slips as Fed’s money bazooka loosens tight cash supply
Yahoo News
The British pound also rose 0.8% to $1.1650 , up more than two cents from its 35-year low of $1.1413 set last week. The Fed, which has …

US stocks surge, dollar drops on stimulus bets
Chicago Daily Herald
Senators are negotiating the final sticking points in a roughly $2 trillion stimulus bill to help the U.S. … The British pound climbed 1.5% to $1.1711.

US stocks rise with stimulus hopes; dollar slips
Chicago Daily Herald
Senators are negotiating the final sticking points in a roughly $2 trillion stimulus bill to help the U.S. … The British pound climbed 2.1% to $1.1784.

2020 Tokyo Olympics will be postponed, veteran IOC member says
Fairfield Sun Times
“On the basis of the information the IOC (International Olympic Committee) has, postponement has been decided,” Pound told USA Today in a phone …

Battered sterling wins a respite for time being
Reuters UK
LONDON (Reuters) – Britain’s pound rallied over 1.5% against the dollar on Tuesday, set for its biggest daily jump since October, winning a respite …

Battered sterling recovers against dollar, PMI in focus
Reuters UK
The pound was last trading almost 0.9% higher on the day at $1.1660 GBP =D3 – having briefly touched a 35-year low of $1.1413 last week. Against the …

AUD tests 0.60 as risk sentiment improves
Yahoo Finance
Having touched 35 year lows last week, sterling found support in renewed demand for risk and a broader softening in the USD. The GBP remains …

GBP /USD: Pound Bolstered by Unlimited QE-Mired Buck
Currency Live
British pound benefits from improved global sentiment. Economists had already concluded the UK was likely headed for a recession and the Bank of …