The Euro (EUR) retreats further from session highs against the British Pound (GBP) on Thursday, as Eurozone Industrial Production misses expectations, while UK monthly Dros Domestic Product (GDP) figures posted a positive surprise. The EUR/GBP pair has retreated below 0.8460 from session highs near 0.8480 during the early Asian trade and is practically flat on […]
The Euro (EUR) resumes its downtrend against the British Pound (GBP) as high Oil prices are hitting the common currency harder than the GBP, while concerns about France’s public debt keep investors on their toes. The EUR/GBP pair has reached a fresh 16-month low at 0.8442 and shows a 1.92% decline in less than three […]
The GBP/USD pair attracts some follow-through buying for the second straight day, advancing to a one-week high during the Asian session on Wednesday amid the ongoing US Dollar (USD) corrective slide. Spot prices currently trade around the 1.3275 region, up 0.15% for the day, as the focus remains glued to the release of the latest […]
The GBP/USD pair gathers strength to around 1.3260 during the early Asian trading hours on Wednesday. Dovish signals from New York Federal Reserve (Fed) President John Williams weigh on the US Dollar (USD) against the British Pound (GBP). All eyes will be on the US September Consumer Price Index (CPI) inflation data later on Wednesday. […]
The GBP/USD pair attracts some dip-buyers near the 1.3200 mark during the Asian session on Tuesday, stalling the previous day’s rejection slide from the 100-period Simple Moving Average (SMA) on the 4-hour chart. Spot prices, however, remain confined in a familiar range held over the past three weeks or so, warranting some caution before positioning […]
The GBP/USD pair trades in positive territory around 1.3240 during the early European trading hours on Monday. The US Dollar (USD) softens against the British Pound (GBP) as markets continue to assess the US Federal Reserve (Fed) rate hike path. An escalating Middle East conflict kept traders wary ahead of key US inflation data later […]
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The British pound enters the week beginning 12 October 2026 holding near 1.3230 against the US dollar, but the broader technical picture remains under pressure. Sterling has struggled to build a sustained recovery as elevated US Treasury yields, persistent inflation concerns and expectations of further […]
The GBP/USD pair gathers strength to around 1.3240 during the early Asian trading hours on Friday. The US Dollar (USD) softens against the British Pound (GBP) following comments from Federal Reserve (Fed) Governor Christopher Waller. Traders will keep an eye on the Michigan Consumer Sentiment Index data for October later on Friday. Fed Governor Christopher […]
GBP/USD remains subdued for the second successive day, trading around 1.3210 during the Asian hours on Thursday. The pair inches lower as the US Dollar (USD) holds its ground, bolstered by elevated US Treasury bond yields that have climbed near their highest levels since 2002. Meanwhile, a recent spike in oil prices has reignited concerns […]
The Euro (EUR) extends losses against the British Pound (GBP) on Wednesday, on track to complete a nearly 1.6% decline in a nine-day losing streak. A mild EUR/GBP recovery attempt found sellers at the 0.8500 area on Tuesday, sending the pair back to the 0.8475 area, with the 16-month low, at 0.8455, on sight. The […]