{"id":860048,"date":"2025-07-04T19:11:50","date_gmt":"2025-07-05T00:11:50","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/07\/04\/pound-sterling-price-news-and-forecast-gbp-usd-moves-little-as-traders-remain-cautious-amid-uncertainty\/"},"modified":"2025-07-04T19:11:50","modified_gmt":"2025-07-05T00:11:50","slug":"pound-sterling-price-news-and-forecast-gbp-usd-moves-little-as-traders-remain-cautious-amid-uncertainty","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/07\/04\/pound-sterling-price-news-and-forecast-gbp-usd-moves-little-as-traders-remain-cautious-amid-uncertainty\/","title":{"rendered":"Pound Sterling Price News and Forecast: GBP\/USD moves little as traders remain cautious amid uncertainty"},"content":{"rendered":"
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GBP\/USD steadies around 1.3650 due to rising uncertainty over Trump’s tariff plans<\/strong><\/h2>\n

GBP\/USD holds ground for the second consecutive day, trading around 1.3660 during the Asian hours on Friday. The pair remains steady as the US Dollar (USD) depreciates as traders adopt caution, while seeking clarity on US President Donald Trump’s plans for tariffs on various countries. On Thursday, Trump told reporters that he \u201cwill begin sending letters on trade tariffs starting Friday.\u201d He added that he would send letters to 10 countries at a time, laying out tariff rates of 20% to 30%, reported by Reuters.<\/p>\n

The GBP\/USD pair<\/a> maintains its position as the\u00a0Pound Sterling\u00a0(GBP) receives support after Prime Minister (PM) Keir Starmer\u2019s defense of Chancellor Rachel Reeves. PM Starmer affirmed that she would remain in her role of chancellor \u201cfor a very long time to come.\u201d This helped ease market concerns that a potential replacement might adopt a looser fiscal stance with increased borrowing. Read more…<\/a><\/p>\n

GBP\/USD grapples with recovery ahead of quiet end to the week<\/strong><\/h2>\n

GBP\/USD churned away near the low-end of a near-term decline on Thursday, bolstered by selling pressure forcing the US Dollar lower after US\u00a0Nonfarm Payrolls\u00a0(NFP) jobs data came in hotter than expected. Markets were expecting a below-forecast print after this week\u2019s ADP jobs preview showed a sharp contraction in private payrolls, but a steep increase in government-based education hiring offset declines in private sector employment.<\/p>\n

Friday is set to fizzle in market impact terms. The US side of markets shuttered early on Thursday, and will remain closed for the US holiday on Friday. A mid-tier public appearance from\u00a0Bank of England\u00a0(BoE) policymaker Alan Taylor is slated for Friday, but is unlikely to move markets. There is little else of material importance on the UK side of the data docket for Friday. Read more…<\/a><\/p>\n

<\/a><\/p>\n

GBP\/USD steady despite US jobs surprise, Reeves uncertainty caps gains<\/strong><\/h2>\n

The\u00a0Pound Sterling\u00a0(GBP) remains steady against the US Dollar (USD) on Thursday, after a solid\u00a0Nonfarm Payrolls\u00a0(NFP) report in the\u00a0United States\u00a0(US) cemented the case for the Federal Reserve (Fed) to hold rates in July, as the Unemployment Rate ticked lower. At the time of writing, GBP\/USD is trading at 1.3634, virtually unchanged.<\/p>\n

The US Bureau of Labor Statistics (BLS) reported that the US economy added 147,000 people to the workforce, exceeding estimates of 110,000 and May\u2019s 144,000 print. The Unemployment Rate came at 4.1% down from 4.2%. The data fortifies the Fed Chair Jerome Powell’s stance of wait-and-see and assesses the potential impact of tariffs on inflation. Read more…<\/a><\/p>\n

<\/a><\/p>\n<\/p><\/div>\n

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Read More<\/a>
\n Margarett Coby<\/p>\n","protected":false},"excerpt":{"rendered":"

GBP\/USD steadies around 1.3650 due to rising uncertainty over Trump’s tariff plans GBP\/USD holds ground for the second consecutive day, trading around 1.3660 during the Asian hours on Friday. The pair remains steady as the US Dollar (USD) depreciates as traders adopt caution, while seeking clarity on US President Donald Trump’s plans for tariffs on<\/p>\n","protected":false},"author":1,"featured_media":860049,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2794,32662],"tags":[],"class_list":{"0":"post-860048","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-pound","8":"category-sterling"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/860048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=860048"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/860048\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/860049"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=860048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=860048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=860048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}