The GBP/USD pair sees interest from buyers near 1.3430 in the early hours of European trading on Monday. The Greenback weakens against the Pound Sterling following remarks from Federal Reserve Chair Jerome Powell, who indicated that US President Donald Trump threatened him with a criminal indictment, which has heightened concerns regarding the independence of the … Read more
The GBP/USD pair is currently exhibiting a stable performance, hovering around 1.3465 in the early hours of European trading on Thursday. Markets exhibit a cautious stance as traders anticipate the release of significant US economic data this week. The weekly US Initial Jobless Claims report is set to be released later today, preceding the much-anticipated … Read more
GBP/USD moves upward, approaching 1.3480 during the early Asian session on Friday. Market participants anticipate further USD depreciation if the incoming Fed Chair pursues more aggressive interest-rate reductions as expected. The BoE anticipates that rates will follow a gradual downward trajectory; however, each future reduction will be a “closer call.” The GBP/USD pair shows resilience, … Read more
GBP/USD shows resilience around 1.3510 during the Asian session on Tuesday. The anticipation of a gradual monetary easing path by the BoE in 2026 bolsters the Pound Sterling. The initial resistance level is identified at 1.3550, while the primary support level to monitor is at 1.3410. The GBP/USD pair is experiencing slight upward movement, currently … Read more
GBP/USD shows a decline, trading at approximately 1.3485 during the early European session on Monday. The favorable perspective for the pair remains intact as the price sustains its position above the crucial 100-day EMA. The initial support level is identified at 1.3393, while the primary resistance level to monitor is 1.3547. The GBP/USD pair experiences … Read more
GBP/USD rises to approximately 1.3510 in the early European session on Wednesday. The BoE interest rate is expected to follow a steady decline. Market participants prepare for the US Initial Jobless Claims report scheduled for release later on Wednesday. The GBP/USD pair is currently trading positively around 1.3510 in the early European session on Wednesday. … Read more
The most recent UK GDP figures indicated an annualised growth rate of 1.3%, aligning with market forecasts and marginally lower than the prior reading of 1.4%. The report exhibited a largely neutral effect on sterling, as it affirms that the UK economy is still growing, though at a measured rate, with no indications of a … Read more
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
GBP/USD exhibited volatility in anticipation of the Bank of England’s decision, as market participants concentrated on forward guidance instead of the anticipated rate cut. Price action indicates that dollar flows continue to be the main influence, while GBP/USD demonstrates notable strength. GBP/USD exhibited significant volatility during Wednesday’s session, which is to be expected with the … Read more
The GBP/USD pair is currently positioned in negative territory around 1.3365 during the early hours of European trading on Thursday, influenced by the rebound in the US Dollar. Nonetheless, the potential downside could be constrained following the US Federal Reserve’s decision to implement a rate cut during its December policy meeting. Market participants prepare for … Read more