-Pound

GBP/USD rallies past 1.2600 as weak US Retail Sales sink the USD The Pound Sterling rallied for the second consecutive day on Friday, reclaiming the 1.2600 figure following a dismal US Retail Sales report that reflected American consumers cut their expenses. The GBP/USD trades at 1.2626, up over 0.50%. Read More... Pound Sterling gains further

GBP/USD Forecast: Pound Sterling closes in on key support area GBP/USD struggles to gain traction and trades in a tight channel at around 1.2400 after posting losses for two consecutive days to end the previous week. In the absence of high-tier data releases, investors will continue to scrutinize fresh developments surrounding US President Donald Trump's

GBP/USD holds to earlier gains near 1.2450 post US jobs data The Pound Sterling registered gains versus the US Dollar on Friday following a softer-than-expected US Nonfarm Payrolls report. The GBP/USD seesawed within a 1.2418 – 1.2491 range and traded at 1.2451, up 0.15%. Read More... Pound Sterling gives up gains against USD after US NFP release The Pound

GBP/USD surges amid easing US trade tensions, ahead of BoE’s decision The Pound Sterling remains bid for the third consecutive day, edges up 0.34% as the GBP/USD trades at 1.2519 above the 50-day Simple Moving Average (SMA) at 1.2501. Read More... Pound Sterling surge pauses against US Dollar on upbeat US private employment data The Pound Sterling (GBP)

GBP/USD Weekly Outlook: Pound Sterling faces resistance ahead of BoE decision The Pound Sterling (GBP) recovery gathered steam against the US Dollar (USD), driving GBP/USD to three-week highs above 1.2500 before buyers turned to the sidelines. Sentiment surrounding US President Donald Trump’s tariff plans and the US Federal Reserve’s (Fed) policy outlook remained the primary

GBP/USD slumps as Trump’s tariff talk overpowers US PCE data The Pound Sterling extended its losses for the second consecutive day as US President Donald Trump tariffs rhetoric sent ripples across the financial markets. Therefore, the Greenback remains bid, as economic data takes the backseat. The GBP/USD trades at 1.2398, down 0.16%. Read More... Pound Sterling edges

GBP/USD drops as Trump’s tariff threat boosts US Dollar The Pound Sterling extended its losses against the Greenback on Tuesday as US President Donald Trump threatened to impose tariffs on computer chips and other industries. Risk aversion extended for the second straight day, and the GBP/USD retreated from weekly highs of 1.2523, trading at 1.2432, down 0.50%.

Pound Sterling outperforms USD as Trump backs immediate rate cuts The Pound Sterling (GBP) jumps above 1.2400 against the US Dollar (USD) on Friday. The GBP/USD gains as the US Dollar is onset to end the week with the highest losses in almost two months. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, slumps