CorporateBusiness Bay Dubai, UAE
Mon - Fri8.00 am to 7.00pm
Youghal Cork Ireland
Business Bay Dubai, UAE
GBP
GBP
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 […]

Share This Post
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 […]

Share This Post
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 […]

Share This Post
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 […]

Share This Post
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 […]

Share This Post
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 […]

Share This Post
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 […]

Share This Post
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 […]

Share This Post
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 […]

Share This Post
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 […]

Share This Post