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GBP/USD remains on the defensive below 1 2550 following UK GDP data

GBP/USD remains on the defensive below 1 2550 following UK GDP data
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United kingdomOffice for national statistics onGross domestic productIndustrial productionNational statisticsUnited kingdom industrial productionUnited kingdom goods trade balancePound sterlingNonfarm payrollsConsumer sentiment index

GBP/USD Price Analysis: Pound is under increasing bearish pressure with 1 2500 support in play

The Pound keeps trading lower with the recent reversal from 1.2700 increasing bearish pressure.

United kingdom industrial productionTechnical analysis

Weekly Market Recap (01-05 April)

Weekly Market Recap (01-05 April)
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United statesUnited kingdomNew zealandCaixin servicesVeterans affairsGray christmas incUs university of michigan consumer sentimentCanadian servicesBusiness outlookChinese march caixin servicesUnited states armyChinese marchOutlook surveyMarch monetary policy meetingJob openingsChair powell

Weekly Market Outlook (11-15 March)

A more tranquil week ahead on the data front with a special focus on the US CPI release.

United kingdomNew zealandUnited statesUs university of michigan consumer sentimentUnited kingdom labour marketBusiness optimism indexUnited kingdom industrial productionEurozone industrialNew zealand manufacturingMichigan consumer sentimentUnited kingdom unemployment rateAverage earnings ex bonusAverage earningsContinuing claimsInitial claimsWeekly market outlook

GBP/USD remains on the defensive above 1 2550 ahead of UK GDP, US Retail Sales data

The GBP/USD pair remains on the defensive above the mid-1.2500s during the early Asian trading hours on Thursday.

United kingdomMichael barrAndrew baileyUnited kingdom consumer price indexUnited kingdom gross domestic productVice chairSupervision michael barrGovernor andrew baileyUnited kingdom industrial productionTrade balanceRetail salesPhilly fed manufacturing indexIndustrial productionJobless claims

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