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GBPUSD - GBP/USD: Pressure Mounts on Critical 1.21 Support as Bears Set Sights on 2023 Lows

14-01-2025 02:29

Political uncertainty and weak economic data weigh heavily on GBP/USD, as the pair tests critical support levels. Surging UK bond yields and expectations for BoE rate cuts add pressure to the pound's ...

GBP/USD shows recovery signs

Technical signals reflect weakening selling appetite.

US Dollar Forecast: Core PPI Data and FOMC Speeches Impact GBP/USD and EUR/USD Outlook

However, a decline below $109.403 may trigger a sharper correction, potentially testing lower support levels. The GBP/USD pair is trading at 1.22192, up 0.18%, as buyers attempt to regain ground ...

Pound Sterling Price News and Forecast: GBP/USD slightly oversold RSI warrants caution

The Pound Sterling (GBP) resumed its bearish momentum against the US Dollar (USD), pushing GBP/USD to the lowest level in 14 months below 1.2200.

GBPUSD: Sterling Crash Has More Room to Run

The GBP/USD pair continued its strong downtrend ahead of the crucial American and United Kingdom consumer inflation data. It slipped to the psychological point at 1.2200, its lowest level since ...

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