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British Pound (GBP) Outlook - GBP/USD Setting Sail Into Potential Cross-Winds

Article By: Nick Cawley

Friday, April 30, 2021 6:03 PM EDT

GBP/USD has remained in a fairly narrow trading range over the last two weeks and this may well change next week as various monetary and political risks collide.

In this article: FXB, UUP

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China Disappoints And The Eurozone's Contraction In Q1 May Be The Nadir

Article By: Marc Chandler

Friday, April 30, 2021 4:44 PM EDT

China's official PMI disappointed. A pullback was anticipated, but it was larger than expected, though still showing solid growth. The manufacturing PMI fell to 51.1 from 51.9, and the non-manufacturing PMI eased to 54.9 from 56.3.

In this article: FXE, FXB, FXC, UUP, FXY

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GBP/USD: BOE’s Super Thursday And Nonfarm Payrolls Promise Explosive Action

Article By: Yohay Elam

Friday, April 30, 2021 4:14 PM EDT

No tapering for now – the Fed’s dovish message has weighed on the dollar, but British issues have limited sterling’s ability to rise. Will bears or bulls take the lead? New forecasts from the BOE and a potential blockbuster US jobs report stand out.

In this article: FXB, UUP

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GBP/USD Weekly Forecast: Scottish Election Risk & BoE QE Taper, GBP Volatility Ahead

Article By: DailyFX

Friday, April 30, 2021 1:40 PM EDT

Once again the Pound has seen modest gains in April, sticking to the script. Yet as we close out the week and look ahead to next week’s risk events, GBP is finishing on a softer note. The month of May is also typically a weak period for the Pound.

In this article: FXB Also: FXE, UUP

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