British Pound Latest – GBP/USD Starts the Week on a Positive Note

The British Pound is gaining on the US dollar in early European turnover with USD weakness the main driver of the move. Last Friday’s US NFP report showed the American jobs market in robust health with the unemployment rate back down at 3.5%, just above a recent multi-year nadir. The latest CME fed fund futures predictions now show that markets are expecting one final 25 basis point rate hike at the May FOMC meeting before the hiking cycle is paused.

The latest look at US inflation (March) is released on Wednesday (13:30 UK) and is expected to show annual headline inflation falling to 5.2% from 6%, while core inflation is seen nudging 0.1% higher to 5.6%.

Later Wednesday, the minutes of the March FOMC meeting are released and these should give the market more clarity on the Fed’s views on inflation and the future path of interest rates.

Last Friday’s US Nonfarm Payroll report showed that the US jobs market remains healthy. A further 236k jobs were added last month, in line with market expectations, while the unemployment rate ticked 0.1% lower to 3.5%.

GBP/USD currently trades around 1.2435, just under 0.5% higher on the session. The pair is near an old line of resistance around 1.2450, a level that has held the pair at bay over the past few months. All three moving averages are positive and supportive of a move higher. If cable can break through resistance, then 1.2525 comes into play before a multi-month high at 1.2667 comes into view.

A BIG SHIFT IN WEEKLY RETAIL POSITIONING

Retail trader data show 46.42% of traders are net-long with the ratio of traders short to long at 1.15 to 1. The number of traders net-long is 5.21% higher than yesterday and 35.02% higher than last week, while the number of traders net-short is 6.59% lower than yesterday and 26.22% lower than last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests GBP/USD prices may continue to rise. Yet traders are less net-short than yesterday and compared with last week. Recent changes in sentiment warn that the current GBP/USD price trend may soon reverse lower despite the fact traders remain net short.

This Post Has 946 Comments

  1. CurtisTraug

    verified Indian drugstores: india pharmacy – Indian pharmacy coupon codes

  2. Jerrypoine

    doctor recommended Canadian pharmacy Doctor North Rx affordable medications from Canada

  3. RobertWhorb

    DrMedsAdvisor: Dr Meds Advisor – safe medications from Mexico

  4. CurtisTraug

    mexico pharmacy: mexico pharmacy – order medicine from mexico

  5. Jerrypoine

    verified Mexican pharmacies USA delivery mexico pharmacy mexican pharmacy

  6. RobertWhorb

    verified Canada drugstores: canadian pharmacy – canadian pharmacy online

  7. RobertWhorb

    canadian pharmacy online: Doctor North Rx – best online pharmacies Canada to USA

  8. Larrybes

    canada cloud pharmacy DoctorNorthRx doctor recommended Canadian pharmacy

  9. CurtisTraug

    verified Indian drugstores: DrIndiaMeds – affordable Indian medications online

  10. Larrybes

    verified Canada drugstores Doctor North Rx canadian pharmacy online

  11. RobertWhorb

    DrIndiaMeds: indian pharmacy – no prescription pharmacy India

  12. Stephengof

    Apotek på nett sammenligning apotek på nett Hvilket apotek på nett er best i Norge

  13. WilliamFes

    RabattApotek: RabattApotek – Billige medisiner uten resept Norge

  14. WilliamFes

    Snabb leverans apoteksvaror online: apoteket recept – Kunder rankar basta apotek online

  15. Stephengof

    Hvilket apotek på nett er best i Norge RabattApotek Nettapotek med rask frakt

  16. WilliamFes

    online apotheek nederland: online apotheek – online apotheek nederland zonder recept

  17. Jasononelp

    cheap branded meds without prescription: MexMedsReview – mexico pharmacy

  18. Jasononelp

    Online apotheek vergelijken: KortingApotheek – online apotheek nederland

  19. Jasononelp

    Online apotheek vergelijken: apotheek online – Korting Apotheek

  20. Jasononelp

    online apotheek nederland: Korting Apotheek – Online apotheek vergelijken

  21. WilliamFes

    cheap branded meds without prescription: Mex Meds Review – mexican pharmacy

  22. Stephengof

    Kunder rankar bästa apotek online apoteket recept Bästa nätapotek 2025

  23. Stephengof

    cheap branded meds without prescription Mex Meds Review MexMedsReview

  24. JuliusRem

    Preisvergleich Online-Apotheken Deutschland ApothekenRadar online apotheke

  25. JamesUnone

    Preisvergleich Online-Apotheken Deutschland: online apotheke – zuverlässige Online-Apotheken

  26. Oscarcig

    mejores farmacias en linea: Tu Farmacia Top – farmacia online Espana

  27. JuliusRem

    comprar medicamentos online sin receta TuFarmaciaTop farmacias sin receta en España

  28. Edmundjek

    Irish online pharmacy reviews

  29. Edmundjek

    best Irish pharmacy websites

  30. HaroldRAm

    verified online chemists in Australia: Aussie Meds Hub – cheap medicines online Australia

  31. Johnnynew

    online pharmacy ireland: online pharmacy – top-rated pharmacies in Ireland

  32. Edmundjek

    top-rated pharmacies in Ireland

  33. Edmundjek

    irishpharmafinder

  34. Edmundjek

    top-rated pharmacies in Ireland

  35. Johnnynew

    discount pharmacies in Ireland: online pharmacy – online pharmacy ireland

  36. Edmundjek

    buy medicine online legally Ireland

  37. Johnnynew

    cheapest pharmacies in the USA: online pharmacy – promo codes for online drugstores

  38. Edmundjek

    Irish online pharmacy reviews

  39. Edmundjek

    buy medicine online legally Ireland

  40. HermanBiola

    trusted online pharmacy Australia Aussie Meds Hub verified pharmacy coupon sites Australia

  41. Edmundjek

    Irish Pharma Finder

  42. Edmundjek

    affordable medication Ireland

  43. Johnnynew

    best Irish pharmacy websites: online pharmacy – Irish Pharma Finder

  44. HermanBiola

    best online pharmacy SafeMedsGuide cheapest pharmacies in the USA

  45. Edmundjek

    Irish Pharma Finder

  46. Johnnynew

    verified online chemists in Australia: pharmacy online – Aussie Meds Hub

  47. Edmundjek

    buy medicine online legally Ireland

  48. Edmundjek

    affordable medication Ireland

  49. Edmundjek

    Irish online pharmacy reviews

  50. Edmundjek

    top-rated pharmacies in Ireland

  51. Edmundjek

    trusted online pharmacy Ireland

  52. Edmundjek

    trusted online pharmacy Ireland

  53. HermanBiola

    pharmacy delivery Ireland online pharmacy affordable medication Ireland

  54. Clydewar

    comprare medicinali online legali: FarmaciaViva – Spedra

  55. Robertmow

    acheter Kamagra en ligne: kamagra – VitaHomme

  56. Robertmow

    kamagra: kamagra – Kamagra sans ordonnance

  57. RichardFop

    farmacia viva: farmacia viva – comprare medicinali online legali

  58. MichaelSoync

    Kamagra 100mg prix France kamagra Kamagra oral jelly France

  59. Jesussig

    betrouwbare online apotheek: Heren Gezondheid – goedkope Viagra tabletten online

  60. Jesussig

    erektionspiller på nätet: mannens apotek – köpa Viagra online Sverige

  61. Anthonykeymn

    order Viagra discreetly: Sildenafil 50mg – trusted British pharmacy

  62. Williamslems

    Potenzmittel günstig online: Medi Vertraut – Sildenafil 100mg online bestellen

  63. RaymondLoome

    cialis generique: cialis prix – Cialis générique pas cher

  64. GeorgeBut

    tadalafil senza ricetta cialis compresse per disfunzione erettile

  65. GeorgeBut

    cialis generico tadalafilo comprar cialis

  66. JosephDrexy

    cialis kaufen ohne rezept: PotenzVital – PotenzVital

  67. GeorgeBut

    PotenzVital PotenzVital cialis kaufen ohne rezept

  68. GeorgeBut

    top farmacia online cialis prezzo compresse per disfunzione erettile

  69. JosephDrexy

    cialis 20mg preis: cialis generika – Cialis generika günstig kaufen

  70. CareyWaddy

    mexico pharmacy MedicoSur MedicoSur

  71. AndrewSlike

    mexican pharmacy: mexican pharmacy – order antibiotics from mexico

  72. AndresSpulp

    MedicoSur: MedicoSur – mexican pharmacy

  73. AndresSpulp

    MedicoSur: MedicoSur – mexican pharmacy

  74. AndresSpulp

    buy clomid: buy propecia – order medicine discreetly USA

  75. Jamesvax

    buy corticosteroids without prescription UK: MedRelief UK – order steroid medication safely online

  76. JamesCon

    cheap prednisolone in UK buy prednisolone best UK online chemist for Prednisolone

  77. Jamesvax

    buy sildenafil tablets UK: viagra uk – buy viagra online

  78. JamesCon

    UK online pharmacy without prescription online pharmacy pharmacy online UK

  79. Willievor

    Prednisone tablets online USA: prednisone 5093 – prednisone buy cheap

  80. Michaelpoess

    generic ivermectin online pharmacy Mediverm Online trusted Stromectol source online

  81. Willievor

    how to order Cialis online legally: EverLastRx – Tadalafil tablets

  82. Michaelpoess

    how to get Prednisone legally online PredniWell Online Prednisone without prescription USA

  83. Michaelpoess

    Prednisone tablets online USA PredniWell Online how to get Prednisone legally online

  84. Michaelpoess

    low-cost ivermectin for Americans ivermectin goodrx edenbridge ivermectin

  85. Willievor

    Mediverm Online: ivermectin brand – Stromectol ivermectin tablets for humans USA

  86. GlennRix

    Best place to buy propecia: Propecia buy online – generic propecia without a prescription

  87. GlennRix

    Clomid fertility: buy clomid – Clomid price

  88. Davidgyhow

    buy amoxil buy amoxil Buy Amoxicillin for tooth infection

  89. Charleskax

    Clomid fertility: buy clomid – Clomid for sale

  90. Davidgyhow

    Buy Amoxicillin for tooth infection AmoxDirect USA AmoxDirect USA

  91. GlennRix

    buy amoxicillin: buy amoxil – buy amoxicillin

  92. Martinhon

    Best online Mexican pharmacy: mexican pharmacy – Legit online Mexican pharmacy

  93. Martinhon

    Legit online Mexican pharmacy: mexican pharmacy – Legit online Mexican pharmacy

  94. TimothyJap

    Generic Cialis without a doctor prescription Buy Tadalafil online Generic tadalafil 20mg price

  95. TimothyJap

    buy modafinil from mexico no rx mexican pharmacy Legit online Mexican pharmacy

  96. BruceDouff

    tadalafil: tadalafil – canadian pharmacy generic tadalafil

  97. Anthonyzop

    apotek på nett med gode priser: NordApotek – reseptfrie medisiner på nett

  98. Davidlah

    apotek på nett billigst: apotek på nett – reseptfrie medisiner på nett

  99. Anthonyzop

    apotek på nett med gode priser: NordApotek – billige generiske legemidler Norge

  100. Jamesdap

    billige generiske legemidler Norge: apotek pa nett – apotek pa nett billigst

  101. Anthonyzop

    farmacia online España fiable: SaludExpress – comprar medicinas online sin receta médica

  102. Patrickastem

    п»їshop apotheke gutschein kamagra kaufen internet apotheke

  103. BernardCEX

    apotheke online: kamagra – online apotheke preisvergleich

  104. AaronNolla

    Best Indian pharmacy: pharmacy online – Best online Indian pharmacy

  105. EugeneWiday

    Indian pharmacy to USA: indian pharmacies – Indian pharmacy international shipping

  106. AaronNolla

    Best Mexican pharmacy online: mexico pharmacy – mexican pharmacy

  107. JamesAwabe

    Canadian pharmacy online MapleCareRx Canadian pharmacy online

  108. JamesAwabe

    Best online Indian pharmacy indian pharmacy Best online Indian pharmacy

  109. EugeneWiday

    Pharmacies in Canada that ship to the US: Canadian pharmacy online – Pharmacies in Canada that ship to the US

  110. AaronNolla

    Canadian pharmacy prices: MapleCareRx – Pharmacies in Canada that ship to the US

  111. Dennismex

    Clear Meds Hub: – ClearMedsHub

  112. Dennismex

    : – ClearMedsHub

  113. Michealmah

    Ever Trust Meds Ever Trust Meds Generic Cialis without a doctor prescription

  114. Dennismex

    Clear Meds Hub: – Clear Meds Hub

  115. Derekriz

    VitalEdgePharma: VitalEdge Pharma – online erectile dysfunction prescription

  116. Dennismex

    erectile dysfunction online: VitalEdgePharma – VitalEdgePharma

  117. Michealmah

    Clear Meds Hub

  118. Israelmon

    apotheke online: Manner Kraft – medikamente rezeptfrei

  119. Israelmon

    online apotheke preisvergleich: Manner Kraft – online apotheke deutschland

  120. StevenJulge

    beste online-apotheke ohne rezept apotheke online ohne rezept apotheke

  121. DonaldFug

    europa apotheke: Blau Kraft De – online apotheke rezept

  122. Israelmon

    europa apotheke: Blau Kraft – eu apotheke ohne rezept

  123. StevenJulge

    gГјnstigste online apotheke Manner Kraft medikament ohne rezept notfall

  124. Israelmon

    ohne rezept apotheke: Blau Kraft – gГјnstige online apotheke

  125. CharlesPieft

    pharmacy mexico: SaludFrontera – worldwide pharmacy

  126. Teddyner

    my canadian pharmacy review: TrueNorth Pharm – certified canadian pharmacy

  127. JamesLoome

    BluePillUK: BluePill UK – fast delivery viagra UK online

  128. AlbertKar

    safe ivermectin pharmacy UK MediTrust MediTrust UK

  129. AlbertKar

    BluePill UK BluePill UK generic sildenafil UK pharmacy

  130. JamesLoome

    pharmacy online fast delivery UK: MediQuick UK – generic and branded medications UK

  131. JamesLum

    canadian pharmacy ezzz cialis: cialis generics – EverGreenRx USA

  132. JamesBug

    EverGreenRx USA: EverGreenRx USA – mint pharmaceuticals tadalafil

  133. CharlesRof

    kratonbet link kratonbet kratonbet link

  134. StevenBruic

    betawi77 link alternatif: betawi77 – betawi 777

  135. CharlesRof

    Official Link Situs Toto Togel inatogel 4D Situs Togel Toto 4D

  136. Kennethfup

    commander medicaments livraison rapide PharmaExpress acheter mГ©dicament en ligne sans ordonnance

  137. MichaelPoure

    no prescription needed canadian pharmacy: TrueMeds Pharmacy – canadian pharmacy store

  138. Franktiz

    VitalCore: ed pills – VitalCore

  139. Antoniodrato

    pharmacy today rx pharmacy TrueMeds Pharmacy

  140. MichaelPoure

    buy antibiotics for tooth infection: ClearMeds Pharmacy – buy antibiotics online for uti

  141. Antoniodrato

    buy antibiotics online buy antibiotics for tooth infection

  142. Ramonsmoog

    bonaslot: 1wbona – bonaslot jackpot harian jutaan rupiah

  143. Miltonpal

    garuda888 live casino Indonesia: garuda888 – 1win888indonesia

  144. Miltonpal

    migliori casino online con Starburst: starburst – starburst

  145. Nhà cái uy tín

    Cùng nhacaiuytin now điểm danh những Nhà cái uy tín hàng đầu, mang lại trải nghiệm cá cược chuyên nghiệp, nạp rút nhanh và bảo mật tuyệt đối cho người chơi.

  146. Harolderami

    best mexican online pharmacies: BorderMeds Express – buying prescription drugs in mexico online

  147. KennethKex

    comprare farmaci online con ricetta: Farmaci Diretti – Farmacie online sicure

  148. MichaelBet

    amoxicillin 200 mg tablet TrustedMeds Direct can you buy amoxicillin over the counter in canada

  149. Elijahduept

    viagra for women online: SildenaPeak – SildenaPeak

  150. RichardlEf

    Tadalify: Tadalify – cialis 10mg ireland

  151. RichardlEf

    where can i get real viagra online: SildenaPeak – SildenaPeak

  152. Elijahduept

    what cialis: Tadalify – Tadalify

  153. Elijahduept

    SildenaPeak: SildenaPeak – price of 100mg viagra

  154. RobertJes

    Tadalify Tadalify cheap generic cialis canada

  155. PeterNum

    best viagra pills in usa: SildenaPeak – super active viagra

  156. RobertJes

    sildenafil online purchase SildenaPeak SildenaPeak

  157. Elijahduept

    Affordable sildenafil citrate tablets for men: KamaMeds – Compare Kamagra with branded alternatives

  158. Elijahduept

    sildenafil: SildenaPeak – price of viagra 50 mg in india

  159. PeterNum

    best female viagra pills in india: SildenaPeak – buy viagra without a script

  160. Elijahduept

    SildenaPeak: SildenaPeak – buy generic sildenafil uk

  161. RobertJes

    cialis 30 day free trial Tadalify cialis daily vs regular cialis

  162. RobertJes

    buy viagra from canada SildenaPeak buy viagra online free shipping

  163. PeterNum

    does medicare cover cialis: Tadalify – Tadalify

  164. RichardlEf

    does cialis lowers blood pressure: buy cialis canada – how much does cialis cost at walmart

  165. RichardlEf

    Tadalify: Tadalify – cialis walgreens

  166. PeterNum

    order generic viagra online usa: SildenaPeak – female viagra capsules in india

  167. Elijahduept

    buy cipla tadalafil: Tadalify – pharmacy 365 cialis

  168. Jameszok

    australia online pharmacy: MediDirect USA – australian online pharmacy

  169. JustinWitte

    Indian Meds One: Indian Meds One – top 10 online pharmacy in india

  170. JustinWitte

    Indian Meds One: Indian Meds One – online shopping pharmacy india

  171. Houstondrurb

    MediDirect USA MediDirect USA rite aid pharmacy store number

  172. Larryquork

    Etibarl? onlayn kazino Az?rbaycanda Pinco r?smi sayt Pinco il? real pul qazan

  173. Scottnom

    Jiliko: Jiliko – Jiliko login

  174. Donaldtug

    Swerte99 casino walang deposit bonus para sa Pinoy: Swerte99 app – Swerte99 casino walang deposit bonus para sa Pinoy

  175. Larryquork

    Swerte99 app Swerte99 slots Swerte99 casino walang deposit bonus para sa Pinoy

  176. Scottnom

    Swerte99 app: Swerte99 – Swerte99

  177. Larryquork

    Bonus new member 100% Beta138 Login Beta138 Bonus new member 100% Beta138

  178. Scottnom

    maglaro ng Jiliko online sa Pilipinas: Jiliko – Jiliko login

  179. Donaldtug

    Jiliko bonus: Jiliko app – Jiliko login

  180. Larryquork

    jollibet casino jollibet jollibet app

  181. Scottnom

    Pinco r?smi sayt: Pinco kazino – Pinco il? real pul qazan

  182. Larryquork

    Online betting Philippines jollibet Online gambling platform Jollibet

  183. Rodneymob

    Jiliko casino: Jiliko app – Jiliko bonus

  184. Scottnom

    Jollibet online sabong: jollibet – jollibet app

  185. Antoniokip

    AsthmaFree Pharmacy: AsthmaFree Pharmacy – can i buy ventolin over the counter singapore

  186. Antoniokip

    can you buy ventolin over the counter uk: ventolin 100 mcg – ventolin 108 mcg

  187. Richardlen

    MexiCare Rx Hub: MexiCare Rx Hub – medicine in mexico pharmacies

  188. Richardlen

    medication canadian pharmacy: CanadRx Nexus – cross border pharmacy canada

  189. Briandaumn

    buy amoxicillin online uk: Clear Meds Direct – low-cost antibiotics delivered in USA

  190. Briandaumn

    NeuroRelief Rx: NeuroRelief Rx – can you take gabapentin with clonazepam

  191. Briandaumn

    ReliefMeds USA: Relief Meds USA – anti-inflammatory steroids online

  192. Briandaumn

    order amoxicillin without prescription: ClearMeds Direct – ClearMeds Direct

  193. StanleyTip

    This is hands down the best http://medimexicorx.com/ I’ve come across on this topic. The writing is clear, concise, and informative. I’ll definitely be a regular reader.

  194. nhà cái betvisa

    nhà cái betvisa khẳng định vị thế tại thị trường châu Á nhờ nền tảng công nghệ hiện đại và giấy phép hợp pháp uy tín. Khám phá betvisa tv ngay những trải nghiệm đỉnh cao mà nhà cái betvisa mang lại trong bài viết dưới đây!

  195. JosephVor

    lasix generic name: lasix tablet – furosemide 40 mg

  196. Arnoldtib

    Semaglutide pharmacy price: rybelsus cost – Buy compounded semaglutide online

  197. PatrickTaw

    viagra acquisto in contrassegno in italia: viagra prezzo – viagra online spedizione gratuita

  198. NormanVaf

    farmacia en casa online descuento: Cialis sin receta – farmacias online seguras

Leave a Reply

Contact Us

Disclaimer

Forex, Crypto, Options, and Binary Options have both large potential rewards and large potential risks. Therefore, before investing or trading any of the assets, ensure you are aware of and willing to accept the accompanying risks. Do not trade money you cannot afford to lose.

All Rights Reserved. None of the content of this website can be published elsewhere by any means without the prior consent of the owner(s). Please, check our terms & conditions and privacy policy before continuing to use this website.

This website and its owner(s) are not in any way liable for any incurred loss, whether caused by the information provided on this website or otherwise. The use of this website, including the content and information provided, is the user’s sole liability.