Fx Rate

GBP/USD dips to 1.3750 as US Senate advances budget deal

GBP/USD shows a decline, trading near 1.3760 during the early European session on Friday. The US Senate is preparing to deliver a spending agreement to the House as efforts intensify to prevent a government shutdown. The Bank of England is anticipated to maintain the bank rate at 3.75% during its upcoming meeting next week. The … Read more

Fx Rate

GBP/USD Nears Multi-Month High on Strong UK Data

The GBP/USD pair is on the rise, nearing 1.3685, which is the peak level since September 17, 2025, during the early European session on Tuesday. The Pound shows an upward movement against the US Dollar following the release of stronger-than-anticipated UK Retail Sales and Purchasing Managers’ Index figures. These positive reports have led some experts … Read more

Fx Rate

GBP/USD approaches 1.3400 amid Trump’s tariff threats

The GBP/USD pair is experiencing upward momentum, reaching approximately 1.3400 in the early hours of the Asian session on Monday. The US Dollar is experiencing a decline in value relative to the Pound Sterling as US President Donald Trump issues new tariff threats towards Europe concerning Greenland. The US markets will remain closed on Monday … Read more

Fx Rate

GBP/USD Breaks December Uptrend, Focus Shifts to Key Support Levels

GBP/USD has breached the December uptrend after faltering just before resistance, indicating a significant change in the near-term framework. The pullback extended nearly 1.3% from the highs before rebounding, with the weekly opening range now established just above the 200-day moving average—breakout pending. Resistance levels are identified at 1.3474, 1.3500/02, and 1.3528, while support is … Read more

Fx Rate

GBP/USD Holds Range After US Data and BoE Rate Cut

The GBP/USD exchange rate exhibited stability within a narrow band following the release of the latest employment and inflation data from the United States, as well as the interest rate decision from the Bank of England. It was trading at 1.3376, slightly below this month’s peak of 1.3460. The GBP/USD exchange rate exhibited limited volatility … Read more

FX Rate News

GBP/USD Retreats as US Dollar Strengthens on Jobs Data

GBP/USD has fallen below the critical support level identified at the 200-day Simple Moving Average of 1.3331, experiencing a decline of approximately 0.21% on Tuesday as market participants prepare for the Federal Reserve’s policy decision scheduled for Wednesday. Currently, the pair is trading below 1.3300, having previously peaked at 1.3356. GBP/USD has fallen below 1.3300 … Read more