GBP Exchange Rate

The GBP/USD pair remains subdued around the 1.2540 mark, facing downward pressure attributed to a strengthened US dollar following the release of higher-than-anticipated US Consumer Price Index (CPI) figures. March’s…

GBP/USD remains under selling pressure near 1.2540 after bouncing off the 2024 lows of 1.2520. GBP/USD fell on the back of a stronger US dollar following an unexpected rise in…

GBP/USD fell more than 1%, breaking below key support. Overall U.S. inflation continues to rise, running counter to the Fed’s prospects of cutting interest rates. The technical outlook points to…

The Pound Sterling (GBP) exhibited a sense of uncertainty during Wednesday’s London session as traders braced themselves for the release of the United States Consumer Price Index (CPI) data for…

The US dollar consolidated, with GBP/USD trading modestly lower towards 1.2675. Federal Reserve official Goolsby said the Fed must weigh how long it can maintain its current interest rate stance…

In Tuesday’s London session, the Pound Sterling (GBP) remains range-bound around 1.2660 against the US Dollar (USD). The GBP/USD pair trades sideways as market focus shifts to the upcoming release…

On Tuesday in Asia, GBP/USD remained in the positive zone, near 1.2650. GBP/USD moved higher ahead of consumer price index data on Wednesday on improving market risk appetite. The U.S.…

At the beginning of the week on Monday, the Pound Sterling (GBP) struggled against the US Dollar (USD), with the GBP/USD pair managing to maintain its position above the 1.2600…

In Monday’s European session, the Pound Sterling (GBP) exhibited slight downward movement but broadly consolidated within a tight range, hovering above the 1.2600 level. The GBP/USD pair traded sideways as…

The Pound Sterling (GBP) struggled to maintain its upward momentum against the US Dollar (USD) last week, with the GBP/USD pair facing resistance around the 1.2700 level. Pound Sterling’s Attempt…