GBP

GBP/USD holds losses near 1.3400 ahead of BoE’s policy decision

GBP/USD depreciates due to heightened safe-haven demand amid the rising Israel-Iran conflict. The BoE is widely expected to keep its…

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EUR/GBP hovers around 0.8550 as traders adopt caution ahead of BoE’s decision

EUR/GBP maintains its position ahead of the Bank of England’s interest rate decision due on Thursday. The BoE is anticipated…

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GBP/USD Price Treads water above 1.3550, nine-day EMA

GBP/USD may test the 1.3632, the fresh highest since February 2022. The 14-day Relative Strength Index remains above 50, suggesting…

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GBP/JPY struggles to break above 196.00 ahead of BoJ-BoE monetary policy

GBP/JPY faces pressure near 196.00, with investors awaiting the BoJ-BoE monetary policy outcome. Both the BoJ and the BoE are…

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GBP/USD consolidates around mid-1.3500s ahead of this week’s key data/central bank event risks

GBP/USD kicks off the new week on a softer tone amid rising geopolitical tensions. The USD struggles to gain any…

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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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