Free Forex Signals

• The Pound Sterling falls further to near 1.3470 against the US Dollar after BoE Mann’s comments.
• BoE’s Mann warns of rising jobless rate and praises January inflation data.
• FOMC Minutes showed that officials see no rush for interest rate cuts.

The Pound Sterling (GBP) extends its losing streak against the US Dollar (USD) for the fourth trading day on Thursday. The GBP/USD pair posts a fresh almost four-week low at around 1.3470 during European trading hours after Bank of England (BoE) Monetary Policy Committee (MPC) member Catherine Mann praised soft United Kingdom (UK) Consumer Price Index (CPI) data for January.

• Gold Price Forecast: XAU/USD set to remain volatile, but within range amid Mideast uncertainty
• Gold Price Forecast: XAU/USD set to remain volatile, but within range amid Mideast uncertainty
• GBP/JPY Price Forecast: British Pound breaks above 215.00, nearing intervention levels
• British Pound holds firm as US-Iran tensions boost Greenback
• Euro: Range-bound risks with upside caps against US Dollar.