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GBP
02
Jan

GBP/USD gathers strength above 1.3450 on Fed rate cut bets, BoE’s gradual policy path

The GBP/USD pair gathers strength to around 1.3480 during the early Asian session on Friday. Expectations of the US Federal Reserve (Fed) rate cuts this year weigh on the US Dollar (USD) against the Pound Sterling (GBP). Philadelphia Fed President Anna Paulson is set to speak later on the weekend.  The Greenback ended 2025 with the sharpest annual […]

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31
Dec

GBP/USD Price Tests 1.3450 support after moving below nine-day EMA

GBP/USD remains subdued for the second consecutive day, trading around 1.3460 during the Asian hours on Wednesday. The technical analysis of the daily chart indicates a weakening of a bullish bias as the pair is positioned slightly below the lower boundary of the ascending channel pattern. The nine-day Exponential Moving Average (EMA) trends above the […]

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31
Dec

EUR/GBP softens below 0.8750 as BoE hints at a slower pace for future cuts

The EUR/GBP cross softens to around 0.8720 during the early European session on Wednesday. A cautious tone surrounding the Bank of England’s (BoE) policy outlook could provide some support to the Pound Sterling (GBP) against the Euro (EUR). Trading volumes are expected to remain thin ahead of the New Year holidays. The UK central bank reduced interest rates from 4.0% […]

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30
Dec

EUR/GBP slips to near 0.8700 due to BoE caution, Ukraine tensions

EUR/GBP extends its losses for the second successive session, trading around 0.8710 during the European hours on Tuesday. Volumes are expected to be thin due to the year-end holiday. Traders are also monitoring geopolitical tensions as uncertainty over the Ukraine-Russia peace process resurfaced. Russia’s foreign minister said Moscow’s negotiating stance would shift following alleged strikes […]

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30
Dec

Pound Sterling flattens against US Dollar as markets turn to FOMC Minutes

The Pound Sterling (GBP) trades flat around 1.3500 against the US Dollar (USD) during the European trading session on Tuesday, close to an over three-month high of 1.3535 posted last week. The GBP/USD pair consolidates as the US Dollar wobbles ahead of the release of Federal Open Market Committee (FOMC) Minutes of the December meeting, which will […]

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30
Dec

GBP/USD Price Forecast: Gains momentum, first upside barrier emerges near 1.3550

The GBP/USD pair trades with mild gains around 1.3510 during the early European session on Tuesday. The Pound Sterling (GBP) strengthens against the US Dollar (USD) as the Bank of England (BoE) guided that monetary policy will remain on a gradual downward path. The UK central bank cut its benchmark interest rate by 25 basis points […]

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29
Dec

GBP/USD edges higher above 1.3500, eyes Fed rate cut outlook

GBP/USD gains after a gap-down open, trading around 1.3510 during the Asian hours on Monday. The pair gains ground as the US Dollar (USD) faces challenges, which could be attributed to growing expectations of two more rate cuts by the Federal Reserve (Fed) in 2026. Traders are likely to focus on the Federal Open Market Committee (FOMC) December […]

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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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