GBP

GBP/USD plunges as Israel-Iran conflict rattles markets, boosts US Dollar

GBP/USD drops over 0.40%, pressured by weak UK data and BoE-Fed policy divergence, which favors the Dollar’s strength. Israel strikes…

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EUR/GBP extends upside above 0.8500 as weaker UK data boosts BoE rate cut bets

EUR/GBP extends the rally to around 0.8525 in Friday’s early European session.  Weak UK employment data boosts BoE rate cut…

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Chart of The Day – GBP/USD

The GBPUSD exchange rate fell by around 0.25% to 1.3550, and 2-year gilt yields declined to 4.32% following the release…

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GBP/JPY extends losses below 195.00 following soft UK GDP data

The Pound Sterling drops across the board as UK GDP and Industrial Production figures disappoint. UK exports to the US…

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EUR/GBP consolidates above 0.8400 mark, looks to UK jobs data for fresh impetus

EUR/GBP extends its sideways consolidative price move in a one-week-old range. The divergent BoE-ECB expectations support prospects for some meaningful…

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GBP/USD Bullish outlook remains in play above 1.3550

GBP/USD gathers strength to near 1.3555 in Monday’s early European session.  The positive view of the pair prevails above the…

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GBP/USD trades with positive bias around 1.3530-1.3535 area, lacks bullish conviction

GBP/USD attracts some dip-buyers at the start of a new week amid subdued USD price action. Despite the upbeat NFP…

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EUR/GBP holds gains near 0.8450, upside appears as ECB signals an end to easing cycle

EUR/GBP remains stronger after the widely expected ECB’s 25 basis point rate cut on Thursday. The ECB reiterated its commitment…

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GBP/USD hovers above 1.3550 ahead of US Nonfarm Payrolls

GBP/USD holds gains near 1.3616, the highest since February 2022. US Nonfarm Payrolls is expected to have added 130,000 jobs…

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GBP/JPY rises above 194.00 as Japan’s real wages falls in April

GBP/JPY appreciates as the Japanese Yen gains ground following the real wages data. Japan’s real wages fell 2.3% YoY in…

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