GBP/USD has succumbed to the pressure of a strengthening dollar. The pound reversed its earlier gains, declining below the 1.34 mark to reach 1.3325 — the lowest point since May 15 — as investors flocked to the US dollar in response to Friday’s impressive jobs report. Sterling has now weakened approximately 1.97% over the past … Read more
Sterling finds itself ensnared in a predicament akin to that of the euro: despite the central bank adopting a hawkish stance, the currency continues to depreciate. The Bank of England has shifted its focus to indicating potential rate increases in response to persistent inflation, which is likely to bolster the pound. However, a robust U.S. … Read more
Sterling is experiencing an upward movement. GBP/USD has risen to around 1.3454, up about 0.27% on the session, pushing back toward the $1.35 handle as optimism over a Middle East ceasefire diminishes the dollar’s safe-haven appeal and provides the risk-sensitive pound with a relief rally. After declining to six-week lows near 1.33 in late May … Read more
Cable finds itself ensnared in a predicament similar to that of the euro: as the central bank adopts a hawkish stance, the currency continues to decline regardless. GBP/USD declined to 1.3449 on Wednesday, reflecting a decrease of approximately 0.13% during the session and marking its lowest point since early April, significantly below the multi-year peak … Read more
Cable is stagnant, and the central bank finds itself in a similar predicament. GBP/USD trades near 1.3454 on June 2, essentially flat on the session but positioned at its weakest level since May 19 after the pound declined toward $1.34 amid Middle East tensions and increasing concerns regarding the UK’s economic outlook. The pair has … Read more
GBP/USD enters the final session of May trading around $1.3436, having pared earlier losses to hold slightly above the $1.34 handle as investors assess the complexities of Middle East diplomacy alongside evolving expectations for UK interest rates. The pound is poised to record a monthly decline exceeding 1% against the dollar, having depreciated approximately 1.24% … Read more
The British pound traded around 1.3429 on Thursday, slipping a marginal 0.15% on the session as it dipped intraday toward the 1.337 area before stabilising. The pair has demonstrated a remarkable degree of resilience compared to the euro, which is currently positioned near six-week lows. However, it remains constrained by a generally strong U.S. dollar, … Read more
GBP/USD is currently at 1.3446 during midday European trading on Tuesday, reflecting a decline of 0.42% for the day after continuing a pullback from the 1.3500 round-number resistance observed earlier in the morning session. The pair was positioned at 1.3517 on April 22, marking a three-week peak achieved amid a general weakening of the dollar … Read more
GBP/USD is changing hands at $1.3423 in late Friday trade, May 22, 2026, with the major venues showing the pair walking through a remarkably narrow $1.3406 to $1.3445 band across the European and North American sessions. The intraday print exhibited a 24-pip range, with a peak at $1.3438 and a trough at $1.3414. This range … Read more
GBP/USD is currently at 1.34 on Wednesday, fluctuating within the 1.3392 to 1.3440 range following a session that saw traders caught between a weaker UK CPI report and fresh dollar selling driven by optimism surrounding the Iran deal. The pair reached a daily peak of 1.3437 before experiencing a slight pullback during the European afternoon. … Read more