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Pound Sterling declines as UK monthly GDP and factory data contract

Friday, 11 July 2025 23:01 WIB | Gbp/usd

The Pound Sterling (GBP) faces selling pressure against its peers on Friday after the release of weak United Kingdom (UK) Gross Domestic Product (GDP) and factory data for May. The Office for National Statistics (ONS) reported that the UK economy declined by 0.1% on month, against expectations of...

Pound Sterling underperforms as UK welfare bill prompts fiscal risks

Wednesday, 9 July 2025 00:13 WIB | Gbp/usd

The Pound Sterling (GBP) trades lower against its major peers on Tuesday. The British currency remains on the back foot due to the overhang of mounting fiscal risks in the United Kingdom (UK) following the presentation of a higher welfare spending bill by the Labour government before the House of...

Pound Rebounds as Starmer Backs Reeves

Thursday, 3 July 2025 22:19 WIB | Gbp/usd

The British pound edged higher toward $1.37, partially recovering from Wednesday’s decline, as markets reacted positively to Prime Minister Keir Starmer’s strong backing of Chancellor Rachel Reeves. Starmer defended Reeves amid speculation about her future, attributing her emotional moment to a...

GBP/USD trims losses and extends advance beyond 1.3600

Thursday, 26 June 2025 10:48 WIB | Gbp/usd

GBP/USD manages to regain traction and cut earlier losses, trading around 1.3620 in the American session. Cable approaches its 2025 after a near-term US Dollar correction. Encouraging Middle East headlines and Powell's words back the upbeat mood Risk flows continued to dominate the action in...

GBP/USD rebounds above 1.36 as Israel-Iran conflict deepens, Dollar weakens on risk shift

Tuesday, 17 June 2025 11:32 WIB | Gbp/usd

The GBP/USD surged during the North American session, rising back above the 1.36 figure as hostilities within the Israel-Iran conflict escalated over the weekend and continued into the new week. At the time of writing, the pair trades at 1.3600, gaining 0.27%. Last Friday, the GBP/USD retreated...

GBP/USD plunges as Israel-Iran conflict rattles markets, boosts US Dollar

Saturday, 14 June 2025 08:56 WIB | Gbp/usd

GBP/USD is tumbling over 0.40% on Friday as geopolitical tensions triggered a flow towards the US Dollar (USD) haven status after Israel launched an attack on Iran, which escalated the Middle East conflict. The pair traded near 1.3550s after hitting a three-year peak of 1.3632.Israel's attacks...

GBP/USD hits 1.36 as soft US PPI, jobless claims fuel rate cut bets

Friday, 13 June 2025 10:49 WIB | Gbp/usd

GBP/USD extended its gains on Thursday following the release of another inflation report in the United States (US), which increased the odds that the Federal Reserve (Fed) could resume its easing cycle sooner than expected. This, along with a rise in jobless claims, was a tailwind for the...

UK 10-Year Gilt Yield Edges Up

Tuesday, 10 June 2025 05:01 WIB | Economy

The UK 10-year gilt yield rose to 4.66% as investors awaited the government’s spending review this Wednesday, which will set departmental budgets through 2029. The UK economy has shown resilience despite global uncertainty, with stronger business surveys and a solid Q1 GDP pointing to recovery...

GBP/USD

Thursday, 5 June 2025 20:28 WIB | Gbp/usd

GBP/USD retraces its recent gains from the previous session, trading around 1.3550 during the Asian hours on Thursday. The pair depreciates as the US Dollar (USD) gains ground amid a technical correction. The downside of the pair could be limited as the Greenback may receive downward pressure...

GBP/USD trades with negative bias above 1.3500 ahead of BoE Monetary Policy Report Hearings

Tuesday, 3 June 2025 19:12 WIB | Gbp/usd

The GBP/USD pair attracts some sellers during the Asian session on Tuesday and erodes a part of the overnight strong move up to the 1.3560 area, or a multi-day peak. Spot prices drop to the 1.3515 area, or a fresh daily low in the last hour amid a modest US Dollar (USD) uptick, though the...

GBP/USD advances beyond mid-1.3500s, fresh high since February 2022

Monday, 26 May 2025 17:29 WIB | Gbp/usd

The GBP/USD pair is seen building on last week's strong move up and gaining some follow-through positive traction during the Asian session on Monday. The momentum lifts spot prices beyond the 1.3550 level, to the highest level since February 2022, and is sponsored by a combination of factors. The...

GBP/USD weakens to near 1.3300 ahead of UK Retail Sales release

Friday, 25 April 2025 16:12 WIB | Gbp/usd

The GBP/USD pair attracts some sellers to around 1.3310 during the early Asian session on Friday, pressured by the renewed US Dollar (USD) demand. The UK Retail Sales data for March will be the highlight later on Friday. The Greenback edges higher amid the optimism about a US trade deal...

GBP/USD drops to near 1.2600 ahead of UK labor market data

Tuesday, 18 February 2025 18:49 WIB | Gbp/usd

GBP/USD declines ahead of UK labor data set to be released on Tuesday.UK PM Starmer said that any peace agreement for Ukraine would need a "US backstop" to deter further Russian attacks.Fed Governor Michelle Bowman warned that upside inflation risks persist, stressing the need for more clarity...