GBP/USD Analysis
FX News GBP/USD Edges Higher Ahead of UK GDP and US PPI Data
GBP/USD is experiencing modest gains, hovering around 1.3500 during the early hours of Thursday’s Asian session. US CPI inflation exhibited modest levels in July, leading to a reduction…
FX News GBP/USD Slips as Dollar Strengthens Ahead of Key US Inflation Data
Markets exhibit a divergence of opinions regarding a potential Fed rate hike in September, particularly in anticipation of significant inflation data releases. Rising oil prices and shifting diplomatic…
FX News GBP/USD Eyes 1.3535 as Dollar Weakness Supports Sterling
GBP/USD begins the week of 10–14 August positioned around 1.3500, marking its peak since 15 July. Sterling is capitalising on the momentum generated by a significant drop in…
FX News GBP/USD Slides on Safe-Haven Dollar Demand
Scotiabank analysts caution that the diminishing yield spreads between the UK and US are undermining the fundamental support for the British pound. Rising oil prices have rekindled concerns…
FX News GBP/USD Slips as Treasury Yields Rebound and BoE Stays Cautious
GBP/USD declines as the US Dollar receives backing from a recovery in 10-year US Treasury yields. Easing tensions in the Strait of Hormuz diminishes the demand for safe-haven…
FX News GBP/USD Falls as US-Iran Uncertainty Boosts Safe-Haven Dollar
GBP/USD softens to approximately 1.3425 in the early Asian session on Tuesday. Trump asserts that discussions with Iran are in progress; however, Iran refutes any claims of negotiations…
FX News GBP/USD Slips Despite Softer US Dollar
GBP/USD declines even with a softer US Dollar, as Trump’s halted strikes have enhanced diplomatic prospects between the US and Iran. President Trump indicated that nations in the…
FX News GBP/USD Falls as Hawkish Fed Supports US Dollar
GBP/USD declines as a hawkish Federal Reserve pause and internal FOMC divisions strengthen the US Dollar. The Greenback may face challenges as easing risk aversion is influenced by…
FX News GBP/USD Slips as Strong Dollar Keeps Pressure Ahead of Fed
The GBP/USD experiences a decline as the US Dollar maintains its strength in anticipation of a highly uncertain Federal Reserve rate decision. Declining crude prices contribute to a…
FX News GBP/USD Rebounds Despite Softer UK Inflation
GBP/USD moves up to about 1.3385. UK CPI inflation decreased more than anticipated to 2.6% in June. US initiated new military actions while Iran cautioned about potential regional…
FX News GBP/USD Climbs Ahead of UK Inflation Data
GBP/USD strengthens to approximately 1.3450 in the early European session on Tuesday. The UK Unemployment Rate remained stable at 4.9% in May. The US initiated new military actions…
FX News GBP/USD Slips as Middle East Tensions Boost Dollar Demand
GBP/USD softens to approximately 1.3530 in the early Asian session on Thursday. The US military has initiated another series of strikes targeting Iran. Rising tensions in the Middle…