GBP/USD Forecast: Pound Sterling could extend uptrend on hawkish BoE
On Wednesday, the disappointing ISM Services PMI data made it difficult for the US Dollar (USD) to find demand. Additionally, the bullish action seen in US stocks put additional weight on the currency's shoulders, allowing GBP/USD to hold its ground.
Sterling Extends Losses After BOE Cuts Rates
Sterling was weaker against the dollar after the BOE cut interest rates by 25bp, a decision that was widely expected, but two members preferred a 50 basis-point reduction, which analysts hadn’t anticipated.
GBP/USD forecast ahead of BoE interest rate decision
The GBP/USD exchange rate pulled back slightly after the Federal Reserve interest rate decision and US GDP data. It dropped to a low of 1.2400, down from this week’s high of 1.2500 as focus shifts to the upcoming US personal consumption expenditure (PCE) data and Bank of England (BoE) decision.
Yen hits 8-week high; sterling drops after BoE cut
The yen touched an eight-week high versus the dollar on Thursday after a Bank of Japan policy board member advocated continued interest rate hikes, while sterling slid as the Bank of England eased policy.
Sterling Could Fall if Strong Majority of BOE Officials Back Rate Cut
Sterling weakened against the dollar and could fall further if the BOE votes 8-1 to cut interest rates and downgrades its economic growth forecasts, ING said.
GBP/USD: Above 1.2550 a sustained can be expected – UOB Group
The Pound Sterling (GBP) is expected to consolidate in a 1.2460/1.2540 range. In the longer run, GBP has to break and remain above 1.2550 before a sustained advance can be expected, UOB Group’s FX ...
devdiscourse11h
London's Bold Crackdown on Mobile Phone Theft: A New Era of Policing
Scotland Yard's intensified operation targets the GBP 50 million-a-year stolen smartphone trade in London, arresting 230 ...
Новости Украины1d
UK allocates GBP 55 million aid package to Ukraine: what funds are for
During a visit to Kyiv today, February 5, the Prime Minister of the UK, David Lammy, announced the allocation of a new ...
US Dollar Forecast: ADP Jobs Data Lifts DXY, GBP/USD and EUR/USD Outlook
US Dollar gains after ADP jobs data beats forecasts, while ISM PMI misses expectations. How will GBP/USD and EUR/USD react?
British Pound slides from one month high as Bank of England expected to cut rates further
British Pound has slipped today as a corrective moves is being witnessed in the currency ahead of the monetary policy announcement from the Bank of England (BOE). The BoE is expected to cut its ...
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GBP 2 billion for air defense. Rada ratifies agreement with UK
The Verkhovna Rada ratified the agreement between the governments of Ukraine and Britain on official credit support for the ...
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Pound To Euro Rate News: GBP/EUR Soars As Trump Levels Tariff Threat At EU
The Pound to Euro (GBP/EUR) exchange rate traded close to its best levels since the start of 2025 on Monday as Donald Trump ...
Forbes2d
Convert United States Dollar To British Pound Sterling
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GBP/JPY dives to near 188.40 as all BoE members support 25-bps interest rate reduction
The GBP/JPY pair faces an intense sell-off and dives vertically to near 188.40 in Thursday’s North American session, the ...