-Pound

GBP/USD dips after UK Retail Sales slump, Dollar finds footing on trade jitters The Pound Sterling registers minimal losses during the North American session, after UK Retail Sales data disappointed investors, while the Greenback recovers some ground.  Currently, the GBP/USD is trading at 1.3456, down 0.07%. Read More... Pound Sterling trades higher even as UK

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

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

GBP/USD Forecast: Pound Sterling loses traction on mixed BoE commentary Following Monday's rally, GBP/USD loses traction and declines toward 1.3500 in the European session on Tuesday. The technical outlook points to a loss of bullish momentum as investors await US data. While testifying on the Monetary Policy Report before the UK Treasury Select Committee on

GBP/USD Price Forecast: Keeps bullish vibe, first upside target emerges above 1.3550 The GBP/USD pair attracts some sellers to around 1.3480 during the Asian trading hours on Wednesday. The Greenback strengthens against the Pound Sterling (GBP) on the economic signs in the United States (US).  Data released by the Conference Board on Tuesday showed that the

GBP/USD surges past 1.3500 to a three-year high on strong UK Retail Sales, weak US Dollar The British Pound (GBP) rises sharply against the US Dollar (USD) to its highest level in three years on Friday. The pair has broadly traded on the front foot over the last five days, with GBP/USD breaking above 1.3500

GBP/USD soars to new yearly high as UK inflation surges, BoE rate cuts in doubt The Pound Sterling (GBP) rose to a new year-to-date (YTD) high of 1.3468 against the US Dollar (USD) on Wednesday as United Kingdom (UK) inflation rose, drifting away from the Bank of England's (BoE) 2% target, which had led to

GBP/USD slips below 1.33 as US consumer sentiment turns negative, boosts USD The Pound Sterling retreats against the US Dollar during the North American session, poised to end the week with minimal losses of over 0.24%. An absent economic docket in the UK on Friday left traders adrift to US data, which revealed that consumers are becoming pessimistic