GBP Exchange Rate

GBP/USD strengthened to around 1.2655 in early Asian trading on Monday. The dollar fluctuated lower as the annual rate of the US PCE price index in May fell to the…

GBP/USD is expected to trade between 1.2620-1.2670 as downside momentum gathers momentum again. Analysts at UOB Group note that the next level to watch is 1.2550. Next level to watch…

GBP/USD could fall below 1.2600. Analysts at UOB Group note that GBP’s downside momentum has picked up, but it is unlikely to hit the next major support at 1.2550. Above…

GBP/USD had a lackluster performance in London on Wednesday. The pair’s recovery from a more than five-week low of 1.2620 appears to have stalled near the 1.2700 round resistance level.…

Instead of further gains, GBP is more likely to trade between 1.2650-1.2705. Strategists at UOB Group note that the slowdown in GBP’s upward momentum suggests that the possibility of GBP…

GBP/USD opened weak on Monday and remains near the lowest level since mid-May hit on Friday. Currently trading around 1.2635, bears are looking for a sustained break below the 100-day…

GBP/USD remained range-bound during Friday’s Asian session, solidifying the move to over one-month lows following the previous day’s Bank of England (BOE) meeting. GBP/USD is now trading just above the…

GBP/USD strengthened above 1.2700 in quiet trading on Wednesday as GBP traders prepare for the latest report from the Bank of England (BOE) on Thursday. Although UK economic data continues…

GBP/USD struggled to gain significantly in Asia on Wednesday, trading in a narrow range around the 1.2700 round mark. Meanwhile, GBP/USD remained above the one-month low hit on Friday as…

GBP/USD is fluctuating around the 1.2700 mark as the market prepares for Wednesday, when the US is on holiday and will release a new round of UK CPI. Later this…