The Pound Sterling (GBP) could edge lower; any decline is likely limited to a test 1.3050. In the longer run, price action suggests further GBP weakness; the next major support at 1.3000 may not come ...

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Pound Sterling Price News and Forecast: GBP/USD snaps a five-day losing streak to a multi-week low

The GBP/USD pair attracts some buyers during the Asian session on Tuesday and for now, seems to have snapped a five-day losing streak to a nearly four-week low, around the 1.3560 area touched the ...

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GBP/USD: The pound rebounds amid mixed signals from the BoE

The pound has made a slight recovery this morning, trading at $1.3172, after suffering a sharp decline of over 1% yesterday. This drop followed comments from Bank of England Governor Andrew Bailey, ...

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GBP/USD and EUR/GBP analysis: What next for sterling?

The GBP/USD exchange rate suffered a harsh reversal this week as the US dollar index (DXY) staged a strong comeback. It retreated to 1.3090, its lowest point since September 12, and 2.24% below its ...

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GBPUSD Rally at Risk Ahead of NFP

The GBPUSD rally hangs in the balance as the market tests a critical level ahead of Friday’s non-farm payroll (NFP). GBPUSD is at risk of closing the week below a key level from December 2023. However ...

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