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GBP exchange rate
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GBP Strengthens Against US Dollar Amid Federal Reserve Rate Cut Speculation
The Pound Sterling (GBP) saw a notable increase against the US Dollar (USD) during Thursday’s European trading session, driven by...
Read moreGBP Weakens Amid Softer CPI Data; USD Awaits Key Inflation Report
The Pound Sterling (GBP) experienced a significant sell-off against major currencies during Wednesday's London trading session, following the release of...
Read moreGBP/JPY Sees Early Gains as UK Unemployment Drops
The GBP/JPY pair attracted buyers near 189.20 during early European trading on Tuesday, buoyed by recent positive labor market data...
Read moreGBP Strengthens Amid Focus on UK Employment and CPI Data
The Pound Sterling (GBP) strengthened against most major currencies during Monday’s London session, except for the Australian Dollar (AUD) and...
Read moreGBP/USD Gains as Market Anticipates Fed Rate Cut
The GBP/USD pair was trading around 1.2770 during early European hours on Friday, marking its second consecutive day of appreciation....
Read moreGBP/USD Resilient Below 100-Day SMA Amid USD Weakness
The GBP/USD pair has demonstrated resilience below the 100-day Simple Moving Average (SMA), attracting dip-buyers near the one-month low touched...
Read moreGBP/USD Rises Amid US Dollar Weakness and Fed Rate Cut Expectations
GBP/USD has retraced its recent losses, trading around 1.2710 during Wednesday's Asian session. This upward movement is attributed to a...
Read moreGBP/USD Pair Sees Mild Losses Near 1.2770 Amid USD Recovery
The GBP/USD pair is experiencing modest losses, trading near 1.2770 during Tuesday's Asian trading hours. This follows a recovery of...
Read moreGBP Expected to Trade in Range Amid Slowed Downward Momentum
The Pound Sterling (GBP) is anticipated to trade within a range of 1.2740 to 1.2840, with further downward movement likely...
Read moreDivided Consensus Ahead of Bank of England’s Interest Rate Decision
Market participants remain divided on the imminent interest rate decision by the Bank of England (BoE), scheduled for Thursday. The...
Read moreGBP/USD Recovers, Eyes Key Resistance Amid Consolidation Phase
The GBP/USD pair has retraced its recent losses, trading around 1.2840 during the Asian session on Wednesday. Analysis of the...
Read moreGBP Faces Potential Downward Bias
The Pound Sterling (GBP) is expected to trade within a range of 1.2810 to 1.2890, with a potential downward bias...
Read moreGBP Expected to Continue Downward Trend Towards 1.2780
The Pound Sterling (GBP) is anticipated to maintain a downward trajectory, with analysts from UOB Group FX, Quek Ser Leang...
Read moreGBP’s main support level of 1.2780 is expected to remain out of reach
UOB Group FX analysts Quek Ser Leang and Peter Chia indicate that recent momentum suggests continued weakness for the Pound...
Read moreGBP/JPY Under Pressure as Market Sentiment Shifts
The GBP/JPY currency pair is experiencing downward pressure, trading at approximately 196.65 during the early European session on Thursday. This...
Read morePound Sterling Rebounds on Strong PMI Data
The Pound Sterling (GBP) saw a significant rebound against its major peers during Wednesday’s London session, buoyed by positive preliminary...
Read moreGBP Holds Key Support Against US Dollar Amid Economic Data Focus
The Pound Sterling (GBP) continues to hold the crucial support level of 1.2900 against the US Dollar (USD) in Tuesday’s...
Read morePound Sterling Set for Consolidation Within Range, Say UOB FX Strategists
The Pound Sterling (GBP) is poised for a potential rebound, but any upward movement is unlikely to surpass 1.2980, according...
Read moreGBP Forecast: Short-Term Drop Expected Before Stabilization
According to UOB Group FX analysts Quek Ser Leang and Lee Sue Ann, the British Pound Sterling (GBP) is projected...
Read moreGBP/JPY Rebounds from Three-Week Low Amid Speculation on Japanese Intervention
The GBP/JPY cross saw a robust intraday recovery on Thursday, bouncing back from a three-week low touched during the Asian...
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