GBP/USD Price Forecast: Drops from yearly peak amid soft US Dollar The Pound Sterling registered minuscule losses against the Greenback, yet it remains close to two-year peak...
GBP/USD trades at 1.3403, down 0.08%, close to its two-year peak. Momentum fades with potential negative divergence, but a break above 1.3437 could target 1.3450 and...
The Pound Sterling faces pressure near 1.3400 against the US Dollar ahead of the US PCE inflation data for August. Market expectations for the Fed cutting...
GBP/USD Price Forecast: Recovers, aiming for 1.3400 on upbeat sentiment The Pound Sterling climbs over 0.59% against the Greenback, boosted by an improvement in risk appetite,...
The Pound Sterling recovers to near 1.3400 against the US Dollar as investors expect the Fed to cut interest rates by 50 bps in November. Investors...
Pound Sterling gains against US Dollar as traders brace Fed Powell’s speech The Pound Sterling (GBP) rebounds slightly from the key support near 1.3300 against the...
GBP/USD edges higher amid modest USD downtick, remains below mid-1.3300s The GBP/USD pair regains some positive traction during the Asian session on Thursday and reverses part...
GBP/USD turned bearish and dropped back below 1.34 on Wednesday. Markets pared back their recent tilt into a Pound Sterling bull run. The US Dollar recovered...
GBP/USD Price Forecast: Weakens and drops below 1.3400 as USD recovers The Pound Sterling lost some steam against the US Dollar in early trading during Wednesday’s North American...
Pound Sterling remains firm on BoE less-dovish rate cut bets The Pound Sterling (GBP) exhibits a mixed performance against its major peers on Wednesday. The outlook...
The Pound Sterling faces pressure near 1.3400 against the US Dollar, while the latter’s outlook remains vulnerble. BoE Governor Andrew Bailey sees a gradual decline in...
The Pound Sterling (GBP) could rise and potentially reach 1.3450; the next resistance at 1.3480 is unlikely to come into view. Boost in momentum indicates further...
The Pound Sterling moves higher to near 1.3380 against the US Dollar on expectations of BoE’s shallow policy-easing cycle. UK’s overall business activity grew at a...
GBP/USD marked its 31-month high level of 1.3359, recorded on Monday. The US Dollar receives downward pressure due to dovish Fedspeak. UK Prime Minister Starmer has...
The Greenback remains off-kilter following the Fed’s recent pivot into a rate-cutting cycle. Last week, the US central bank delivered a jumbo 50 bps rate cut....
GBP/USD Price Forecast: Hits yearly high above 1.3350 amid soft US-UK data The Pound Sterling soars to new 2024 record high of 1.3355 versus the Greenback on...
GBP/USD climbs as Flash PMIs from both UK and US indicate economic deceleration. The pair’s uptrend tests the top of an ascending channel, nearing key resistance...
The Pound Sterling drops as the preliminary UK S&P Global PMI came in lower than expected. Traders expect the BoE to deliver one more interest rate cut...
UK Services PMI ticks down to 52.8 in September, beats estimates. Manufacturing PMI in the UK declines to 51.5 in September. GBP/USD sticks to losses near...
GBP/USD trades on a softer note near 1.3310 in Monday’s Asian session. Rising bet on further Fed rate cuts later this year might undermine the US...