Scope for Pound Sterling (GBP) to edge higher vs US Dollar (USD), but any advance is likely part of a higher trading range of 1.2580/1.2655. Further GBP strength appears likely; the focus is at 1.2655 ...

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UK Labor Market Signals Strength, Complicating BoE Rate Cut Outlook; GBP/USD Rebounds

UK wage growth accelerates as unemployment holds steady, raising doubts over a March BoE rate cut. Will inflation force the BoE to hold rates longer?

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US Dollar Forecast: Will DXY Break $107 on Fed Signals? – GBP/USD and EUR/USD Outlook

The US Dollar Index (DXY) rebounds near 107 as Fed officials signal a cautious rate stance. Will GBP/USD and EUR/USD hold support or face further declines?

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GBP/USD drops to near 1.2600 ahead of UK labor market data

GBP/USD struggles to attract buyers but holds above 1.2600 in the European session on Tuesday. The data from the UK showed that the ILO Unemployment Change remained unchanged at 4.4% in the three ...

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GBP/USD Forecast: Rising UK Inflation to Boost the Pound vs U.S. Dollar?

While the pullback in rate cut bets could boost GBP, worries about stagflation in the UK may limit the currency’s upside potential. Meanwhile, USD may be driven by market risk appetite and any fresh ...

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