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GBP/USD strengthened to around 1.3480 at the start of Friday's Asian session, holding above 1.3450. This strengthening occurred as the US dollar weakened again, as markets became increasingly confident that the possibility of a Fed interest rate cut remains open this year. Dollar sentiment was...
The British Pound (GBP) softens against the US Dollar (USD) on Wednesday, with the Greenback finding mild support amid reduced liquidity during the shortened US holiday session. At the time of writing, GBP/USD trades around 1.3500, easing slightly after briefly touching an intraday high near...
GBP/USD moved sideways and tended to hover above the 1.3300 area during Thursday's Asian session. After bouncing from around 1.3310 (a one-week low), the pair is now fluctuating slightly around 1.3370 as the market awaits two major triggers: the Bank of England (BoE) decision and the US inflation...
The yen headed for its biggest one-day rally in almost two months on Monday after Bank of Japan Governor Kazuo Ueda gave the clearest hint so far that a December rate hike may be on the table. Meanwhile the dollar struggled as investors ramped up bets of a U.S. rate cut this month. Ueda said on...
GBP/USD traded flat and hovered around the 1.3100 level at the start of the week, as trading momentum slowed. Market participants faced a very short week due to the Thanksgiving holiday in the US: US markets were closed on Thursday and only open for a half-day on Friday. In practice, there were...
The dollar rose versus all Group-of-10 peers except the Swedish krona, and stayed in tight ranges on aggregate, as traders waited for a new set of US economic data this week. The Bloomberg Dollar Spot Index rises as much as 0.2% before paring gains; the Bureau of Labor Statistics will...
The British Pound (GBP) advances sharply against the US Dollar (USD) on Wednesday, with GBP/USD climbing to a one-week high, reaching its strongest level since September 24, as the Greenback remains under broad pressure amid a weaker-than-expected ADP Employment Change report, the ongoing United...
The British Pound (GBP) gains traction against the US Dollar (USD) on Friday, with GBP/USD snapping a two-day losing streak. At the time of writing, the pair is hovering near 1.3393, staging a modest recovery after dropping to its weakest level in about seven weeks on Thursday. Fresh momentum in...
Pound Sterling (GBP) gained modestly against the dollar but underperformed the euro as stagnant productivity, soft labor demand, and sticky wage growth underscore the UK’s stagflation risk, BBH FX analysts report. Sterling lags euro amid soft UK labor backdrop"GBP/USD edged higher on broad US...
The Pound Sterling (GBP) advances against the US Dollar (USD) at the start of the week during the European trading session. The GBP/USD pair jumps to near 1.3600as the US Dollar faces selling pressure, with investors awaiting monetary policy announcements by the Federal Reserve (Fed) and the Bank...
GBP/USD rebounds from session lows and trades marginally higher on the day above 1.3550. The renewed selling pressure surrounding the USD following the inflation and Jobless Claims data help the pair gain traction in the American session. Although the US Dollar (USD) came under bearish pressure...
GBP/USD tested the 1.3550 area again for the fourth consecutive day on Wednesday, but has so far been unable to break higher. The market is likely to remain cautious ahead of the release of US consumer inflation (CPI) data on Thursday, which could be the next driver for the dollar and pound. On...
The British pound (GBP) traded higher against other major currencies, except for the Antipodean currencies, on Wednesday. The British currency showed strength as market sentiment remained optimistic amid strong expectations that the Federal Reserve (Fed) will cut interest rates next week. On the...
The British pound (GBP) continued its strengthening against the US dollar (USD) for the third trading day on Tuesday. The GBP/USD pair reached a new three-week high around 1.3580 during the European trading session as the US dollar weakened ahead of the release of the revised US Nonfarm Payrolls...
The pound was virtually unchanged on Monday (September 8th), after posting its biggest one-day rally against the dollar in two weeks on Friday, following surprisingly weak US jobs data that had reinforced expectations of a US interest rate cut this month. The pound was last unchanged on the day...
The U.S. dollar fell sharply against major peers on Friday after crucial monthly jobs data showed that American employers hired fewer workers than expected, which affirms weakening labor market conditions and likely guarantees a Federal Reserve interest rate cut. Labor Department data showed that...
GBP/USD recovered from an early-week correction on Tuesday, bouncing from a new technical floor around 1.3450. The currency pair returned to sideways movement within a familiar range as global market sentiment tended to pause awaiting the release of more important US economic data. Wednesday is...
The British pound (GBP) maintained its gains on Friday near 1.3530 against the US dollar (USD) during the European trading session on Monday (August 25th). The GBP/USD pair traded strongly as comments from Federal Reserve Chairman Jerome Powell, during his speech at the Jackson Hole Symposium on...
The GBP/USD pair showed significant movement. After dropping to a two-week low below 1.3400 on Friday, August 22, 2025, it rallied again as the US dollar weakened following Federal Reserve Chairman Jerome Powell's speech at the Jackson Hole Symposium. Powell's dovish remarks, indicating the...
The pound (GBP) attracted significant buying interest against other major currencies on Wednesday as the UK Consumer Price Index (CPI) data for July showed a larger-than-expected increase. The Office for National Statistics (ONS) reported that headline inflation rose at an annual rate of 3.8%,...