The GBP/USD forecast shows a pullback from recent peaks as market participants prepare for a likely Bank of England rate cut.
The GBP/USD cleared the January 27 peak of 1.2523, a strong resistance level, and reached a new four-week peak at 1.2549.
The BoE’s Monetary Policy Committee (MPC) is anticipated to vote 8-1 in favor of a quarter-point rate cut to 4.5%, with MPC ...
British Pound has slipped today as a corrective moves is being witnessed in the currency ahead of the monetary policy announcement from the Bank of England (BOE). The BoE is expected to cut its ...
US Dollar slides as China retaliates with fresh tariffs, raising market volatility. GBP/USD and EUR/USD show bullish ...
US Dollar gains after ADP jobs data beats forecasts, while ISM PMI misses expectations. How will GBP/USD and EUR/USD react? Read the latest analysis.
Sterling falls as investors exercise caution ahead of the Bank of England’s interest-rate decision at 1200 GMT. The market is pricing in a 94% chance of the BOE cutting rates by 25 basis points, ...
The GBP/USD exchange rate pulled back slightly after the Federal Reserve interest rate decision and US GDP data. It dropped ...
GBP/USD rose to a one-month high on Wednesday as the dollar retreated, with markets focused on tariff news from the White House. The dollar dropped on Tuesday after data showed U.S. job openings fell ...
GBP/USD started strong on Tuesday but gave up some earlier ground as optimism around Trump easing tariffs faded. Looking ...
According to BofA, the daily and weekly charts of GBP/USD present a favorable setup for a rally toward the 200-day and 200-week moving averages, with respective levels of 1.2791 and 1.2750.