GBP

UK February flash services PMI 53.3 vs 49.2 expected

• Latest data released by S&P Global - 21 February 2023

GBPUSD finds sellers near the 100 hour MA. Level will be a key barometer to start the week

• 100 hour MA and 38.2% retracement near 1.2047 to 1.20497

UK data: Rightmove house price (February) flat m/m (prior +0.9%) & +3.9% y/y (prior +6.3%)

GBP/USD drops towards key support region as dollar runs hot

• Cable faces a test of support around its key daily moving averages now

UK January retail sales +0.5% vs -0.3% m/m expected

• Latest data released by ONS - 17 February 2023

GBPUSD back above swing area after low from last week attracts buyers

• Back above 1.2000 level

Bank of England, Riksbank and Norges Bank speakers for Thursday 16 February 2023

UK CPI data was well below expectations - Bank of England rate hike implications

Sterling slips on cooler UK inflation numbers

• GBP/USD inches towards the 1.2100 level

UK January CPI +10.1% vs +10.3% y/y expected

• Latest data released by ONS - 15 February 2023

GBPJPY makes a break to a new 2023 high

• Above the January ceiling and 38.2% retracement

Cable extends gains on the session

• GBP/USD rises above 1.2200 to fresh highs on the day

UK pay growth may have picked up again but real earnings tell a different story

• High inflation continues to cause real pay growth rates to decrease

UK January payrolls change 102k vs 28k prior

• Latest data released by ONS - 14 February 2023

BoE +25bp rate hike coming in March, then a pause