Posts

  • Moustafa Ahmed

    Moustafa Ahmed

    GBP/USD: Sterling Reverses Gains with 1% Drop as Dollar Surges on Jobs-Fueled Rally
    Both currencies were shaken by Friday’s jobs data, which revealed a decline in the U.S. employment rate but a lower-than-expected number of new jobs. • The GBP/USD pair erased gains of over 1% on Friday. The British pound had b
    Both currencies were shaken by Friday’s jobs data,
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  • Moustafa Ahmed

    Moustafa Ahmed

    GBP/USD: Sterling Surges Beyond $1.31 in Powerful 7-Day Rally as Dollar Wobbles
    Federal Reserve Chair Jay Powell’s speech at Jackson Hole will be crucial in determining whether the pound’s rally continues, with any surprises potentially reshuffling the forex landscape. • The GBP/USD pair extended its bulli
    Federal Reserve Chair Jay Powell’s speech at Jacks
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  • Moustafa Ahmed

    Moustafa Ahmed

    GBP/USD: Sterling Ticks Up to 2024 High of $1.3055 in Fourth Straight Day of Gains
    The British pound surged to a new high for the year as economic data from both sides of the Atlantic supported a stronger currency. A weaker dollar added to the pound’s momentum. • The GBP/USD pair climbed early Wednesday, brea
    The British pound surged to a new high for the yea
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