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GBP
GBP
24
Dec

GBP/USD gathers strength above 1.3500 as BoE signals gradual easing

The GBP/USD pair trades in positive territory near 1.3510 during the early European session on Wednesday. The Pound Sterling (GBP) strengthens against the Greenback on expectations that the Bank of England (BoE) will follow a gradual monetary easing path in 2026.   The UK central bank delivered a widely expected rate cut to 3.75% last week, but […]

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24
Dec

EUR/GBP weakens below 0.8750 as BoE hints at slower easing pace

The EUR/GBP cross trades in negative territory for the fifth consecutive day around 0.8725 during the early European session on Wednesday. The Pound Sterling (GBP) edges higher against the Euro (EUR) after the Bank of England (BoE) delivered a widely anticipated rate cut while indicating that the bar for further reduction was high due to persistent inflation. The BoE’s […]

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23
Dec

EUR/GBP declines below 0.8750 as UK GDP matches forecasts

The EUR/GBP cross trades in negative territory for the fourth consecutive day near 0.8730 during the early European session on Tuesday. The Pound Sterling (GBP) weakens against the Euro (EUR) after the Bank of England (BoE) delivered a widely expected rate cut but suggested that the bar for further reduction was high, given persistent inflation. The UK central bank cut […]

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22
Dec

GBP/USD gains ground near 1.3400 ahead of UK Q3 GDP data

GBP/USD gains ground after three days of losses, trading around 1.3390 during the Asian hours on Monday. The pair depreciates as the Pound Sterling (GBP) holds ground ahead of the release of the United Kingdom (UK) Gross Domestic Product (GDP) for the third quarter. The British Pound may face headwinds as markets have fully priced in a […]

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19
Dec

EUR/GBP holds steady near 0.8750 following BoE rate cut, ECB policy hold

The EUR/GBP cross trades on a flat note around 0.8760 during the early European session on Friday. This move follows the Bank of England’s (BoE) interest rate cut and market expectations for a steady European Central Bank (ECB) policy. The UK Retail Sales report for November will be in the spotlight later on Friday. The UK central […]

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16
Dec

EUR/GBP trims gains below 0.8800 after UK labor market report

The EUR/GBP cross pares gains near 0.8785 during the early European session on Tuesday. The Pound Sterling (GBP) recovers some lost ground against the Euro (EUR) after the UK employment data. Traders will keep an eye on the preliminary reading of HCOB Purchasing Managers Index (PMI) reports from the Eurozone, France and Germany, which are due later on […]

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16
Dec

GBP/JPY rebounds from over one-week low, back above 207.00 after UK jobs data

The GBB/JPY cross prolongs its recent pullback from the 209.00 neighborhood or the highest level since August 2008, touched last week, and drifts lower for the fourth straight day on Tuesday. Spot prices, however, managed to rebound a few pips from a one-and-a-half-week low following the release of the UK jobs data and traded above […]

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15
Dec

GBP/USD holds steady above mid-1.3300s as traders await key data and BoE this week

The GBP/USD pair remains on the defensive during the Asian session on Monday, though it lacks bearish conviction and holds above the 200-day Simple Moving Average (SMA) pivotal support. Spot prices currently trade around the 1.3360 region, nearly unchanged for the day. The US Dollar (USD) is looking to build on last week’s modest bounce […]

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10
Dec

GBP/USD holds positive ground above 1.3300, eyes on Fed rate decision

The GBP/USD pair trades on a firmer note around 1.3305 during the early European session on Wednesday. The Greenback edges lower against the Pound Sterling (GBP) as the US Federal Reserve (Fed) is widely expected to announce another interest rate cut on Wednesday. The UK monthly Gross Domestic Product (GDP) report will be published later on Friday.  Markets have priced […]

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09
Dec

GBP/USD sticks to modest gains above 1.3300 as dovish Fed outlook weighs on USD

The GBP/USD pair attracts some buyers following the previous day’s two-way directionless price move and holds steady above the 1.3300 mark during the Asian session on Tuesday. Spot prices, however, lack strong follow-through buying as traders opt to wait on the sidelines ahead of this week’s key central bank event risk. The US Federal Reserve (Fed) is […]

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