GBP/USD is maintaining a range between 1.3370 and 1.3440 after testing 1.3446, with the spot fluctuating around 1.3373 to 1.3380. For 2025, the pair is approximately 6–6.5% elevated, transitioning from around 15-month lows to approaching a four-year peak, and is currently solidifying that progression. The current price action reflects typical late-cycle foreign exchange behavior, with … Read more
GBP/USD is currently positioned within the 1.33–1.34 range following a notable two-day movement influenced by UK CPI, the BoE’s decision to cut rates, and a softer US CPI report. The pair was observed trading near 1.3420 in Asia, subsequently dropping to 1.3310 following the UK inflation miss, before recovering to the 1.3370–1.3410 range and testing … Read more
The movement in GBP/USD is initiated by the UK inflation report. In November, the headline CPI decreased to 3.2% year-over-year, down from 3.6%, falling below the consensus estimate of 3.5%. On a monthly basis, prices decreased by 0.2% following a 0.3% increase, indicating a clear signal of disinflation. Core CPI has decreased to 3.2% year-over-year, … Read more
GBP/USD is currently positioned between 1.34 and 1.3430 following a significant intraday shift primarily influenced by macroeconomic data and adjustments in central bank expectations. In the United States, November nonfarm payrolls increased by just 64,000 following a decline of 105,000 in October, and the unemployment rate rose from 4.4% to 4.6%. Retail sales for October … Read more
The GBP/USD pair is currently positioned between $1.3380 and $1.3400, reflecting an increase of approximately 0.25 to 0.30% for the day. The pair remains stable despite markets anticipating a nearly fully priced 25 basis point reduction from the BoE, bringing the Bank Rate down to 3.75%. The market appears to be positioning itself for an … Read more
GBP/USD commenced the week at approximately 1.3325 and concluded around 1.3373, navigating within a constrained range of 1.3288–1.3434. That represents approximately a +0.36% increase on a weekly basis – a steady yet not dramatic upward movement. The EUR/USD pair commenced trading close to 1.1640, subsequently rallied to 1.1762, and concluded at approximately 1.1743, reflecting a … Read more
GBP/USD exhibited a notably positive trend this week, reaching multi-week highs in the 1.3430–1.3438 range before retreating to approximately 1.3360 by the end of the trading session. The recent movement was propelled by the latest 25 basis points Federal Reserve rate cut and indications of additional easing anticipated in 2026, impacting the USD and enabling … Read more
The recent movement in GBP/USD is underpinned by a fundamentally weaker USD. The dollar index is currently positioned between 98.20 and 98.34 within a distinct descending channel. Resistance levels are identified near 98.76 and 99.24, while support is found around 97.80 and 97.47. The price is currently positioned beneath the 20- and 50-day EMAs, which … Read more
GBP/USD is currently positioned in the 1.3370–1.3420 range following a significant upward movement from the 1.3000 low observed on 4 November, primarily driven by a softer USD. The Fed executed a third consecutive 25 basis points reduction, adjusting the funds rate to a range of 3.50–3.75% with a 9–3 vote, which subsequently led to widespread … Read more
The GBP/USD pair is currently trading at 1.33 United States Dollar, showing a 0.23% intraday increase after recovering from earlier lows near 1.3296. Sterling’s strength continues to build as investors anticipate synchronized policy easing from both the Federal Reserve and the Bank of England. The price action continues to show strong support above the 15-day … Read more