The Pound Sterling moves higher as the US Dollar drops even though Fed rate-cut bets ease. Improved US economic outlook has weighed on Fed rate-cut prospects...
GBP/USD jumps above 1.2700 on softer US data, yet the pair remains sideways. Key resistance emerges at 1.2761, 1.2800, and the YTD high near 1.2900. Support...
GBP/USD Price Analysis: Subdued despite climbing above 1.2700 The British Pound erases some of its previous losses against the US Dollar and rises some 0.29%, as...
The Pound Sterling falls sharply to 1.2670 as UK Retail Sales contracted at a faster pace than expected. Weak UK Retail Sales data for April suggests...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should...
UK Services PMI dropped to 52.9 in May. Manufacturing PMI in the UK expanded to 51.3. in May. GBP/USD holds higher ground near 1.2740 after mixed UK...
GBP/USD trades on a stronger note around 1.2720 in Thursday’s early Asian session. The FOMC Minutes showed the participants worried over the lack of progress on...
GBP/USD clings to earlier gains after UK CPI data. Immediate resistance at 1.2800 remains elusive for buyers. Support at 1.2700; once cleared, GBP/USD could dive toward...
The Pound Sterling jumps to 1.2750 as UK inflation for April remains hotter than expected. UK annual core inflation rose by 3.9%, likely impacting BoE rate-cut...
GBP/USD remains confined above 1.2700 ahead of UK CPI, FOMC Minutes The GBP/USD pair remains confined around 1.2710 during the early Asian session on Wednesday. Financial...
The Pound Sterling trades strongly above 1.2700 against the US Dollar ahead of UK inflation data. UK inflation is forecasted to have declined sharply in April....
GBP/USD holds positive ground around 1.2710 in Tuesday’s early Asian session. Fed officials remain cautious about the timing of rate cuts, emphasizing the need to hold rates higher for...
The Pound Sterling holds strength near 1.2700 as investors turn risk-averse on firm Fed rate-cut hopes. April’s UK headline inflation is expected to return to near...
Pound edges lower, markets eye FedSpeak The British pound is down slightly on Friday. GBP/USD is down 0.14%, trading at 1.2648 in the European session at...
GBP/USD reversed Thursday’s losses and hit new weekly high. Technical outlook shows a breach of the 100-DMA and key resistance at 1.2631/34.Buyers aim for 1.2803 and...
The British Pound registers gains of 0.21% against the US Dollar, although higher US Treasury yields failed to underpin the Greenback. At the time of writing,...
The Pound Sterling consolidates slightly below 1.2700 as the focus shifts to UK inflation data. Investors expect that the BoE could start reducing interest rates in...
GBP/USD trades with a mild positive bias around 1.2670 on Friday. Fed officials said it might take longer for inflation to reach their target, emphasizing the...
GBP/USD outlook: Bulls are taking a breather after five-day rally Cable eases from new multi-week high (1.2700) on Thursday, as bulls faced headwinds from significant resistances...
The Pound Sterling holds gains near 1.2700 amid cheerful market sentiment. UK’s steady wage growth keeps BoE rate-cut context uncertain. An expected decline in the US...