British Pound hits three-month highs at 1.3570 amid generalised US Dollar weakness
The British Pound (GBP) extends gains for the second consecutive day on Monday, as investors cut back US Dollar (USD) long positions, amid a dovish repricing of the Federal Reserve’s…
Read More »British Pound slips as strong ISM data revives the US Dollar
The Pound Sterling retreats somne 0.27% on Monday as the Greenback recovers some ground, as the US pauses strikes on Iran, and as both parties resume negotiations aimed at securing…
Read More »GBP/USD Price Forecast: Keeps the red near 1.3350 as traders await BoE rate decision
The GBP/USD pair meets with fresh supply on Thursday and retreats further from the weekly high, around the 1.3385-1.3390 region, touched the previous day.
Read More »Pound Sterling Price News & Forecast: GBP/USD recovers some lost ground, snapping the five-day losing streak
The GBP/USD pair recovers some lost ground to near 1.3325, snapping the five-day losing streak during the Asian trading hours on Friday. However, the potential upside might be limited amid…
Read More »British Pound pulls back as solid US data revives the US Dollar
The Pound Sterling trims some of its Wednesday gains versus the US Dollar, dives by over 0.28% after solid US data and amid risk aversion, and augments the safe-haven appeal…
Read More »GBP/USD tops 1.3400 as fragile truce keeps Sterling bid aloft now
The GBP/USD advances past the 1.3400 figure as risk appetite deteriorates, as the Middle East conflict seems fragile, as Israel strikes Lebanon, and as they prolong its conflict with Hezbollah….
Read More »GBP/USD slips after blockbuster NFP revives Fed hold outlook
The GBP/USD extended its losses for the second straight day, down 0.12% after a stellar US Nonfarm Payrolls report, which could refocus the Federal Reserve on battling higher inflation that…
Read More »Pound Sterling Price News and Forecast: Slips after blockbuster NFP revives Fed hold outlook bets
The GBP/USD extended its losses for the second straight day, down 0.12% after a stellar US Nonfarm Payrolls report, which could refocus the Federal Reserve on battling higher inflation that has remained above target…
Read More »Pound Sterling Price News and Forecast: Holds in a tight range as thin data keeps trading subdued
The British Pound (GBP) trades in a tight range against the US Dollar (USD) on Tuesday, with GBP/USD struggling to find direction as a thin economic calendar in both the United States (US) and…
Read More »Pound Sterling Price News: GBP/USD steadies near 1.3200 as traders bet on dual Fed–BoE dovish pivot
GBP/USD holds steady near 1.3200 as the Dollar registers minimal gains although the US economy continues to show signs of weakness, which could prompt the Federal Reserve to ease policy in the…
Read More »