CCY:GBPUSD

Gbp/usd Currency Pair News

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$1.33
-0.0094 (-0.699%)
At Close: Jun 05, 2026
U.S. dollar gains ground as traders react to U.S. economic reports.
The British pound remains under pressure as the dollar continues to advance. This comes after the Bank of England kept rates steady with a cautious approach in December, while the Federal Reserve gave
The Pound Sterling (GBP) plunged more than a cent in response to the Trump tariff headlines, leaving it the worst-performing major currency on the session, Scotiabank's Chief FX Strategist Shaun Osbor

GBP/USD drops below 1.2400 on Trump tariff news

07:11am, Wednesday, 08'th Jan 2025
GBP/USD came under renewed bearish pressure and declined to its weakest level since April below 1.2400. At the time of press, the pair was trading at 1.2365, losing 0.9% on the day.
GBP is expected to trade sideways between 1.2440 and 1.2535. In the longer run, GBP is expected to trade in a range, likely between 1.2420 and 1.2620, UOB Group's FX analysts Quek Ser Leang and Lee Su
The British pound faces continued pressure as the dollar strengthens, following the Bank of England's (BOE) dovish rate hold in December and the Federal Reserve's more hawkish than expected outlook fo
GBP is expected to trade sideways between 1.2440 and 1.2535. In the longer run, GBP is expected to trade in a range, likely between 1.2420 and 1.2620, UOB Group's FX analysts Quek Ser Leang and Lee Su
The New Zealand Dollar (NZD) climbed against the majority of its peers on Tuesday, rising by as much as 0.8% against a number of its rivals, as the currency was supported by Tuesday's positive market
The Pound to Dollar (GBP/USD) exchange rate has managed to regain the 1.2500 level in January. MUFG expects that the dollar will gain renewed support in the near term, pushing GBP/USD down to 1.20 dur
At the time of writing, GBP/EUR traded at around €1.2041, virtually unchanged from Tuesday's opening rate. The Euro (EUR) struggled to gain significant ground against the majority of its peers on Tu
... Exchange Rates UK - Exchange Rates and Foreign Exchange
The US Dollar lost ground in Europe on Tuesday but regained fresh momentum following the latest batch of US releases. The data reinforced the case for US exceptionalism and dampened expectations of fu
US Dollar gains as Treasury yields rise, with PMI growth supporting the greenback ahead of ADP employment data. GBP/USD remains steady above $1.247.
The GBP/USD pair maintains its position after registering losses in the previous session, hovering around 1.2480 during Wednesday's Asian hours. Technical analysis on the daily chart points to a weake
The GBP/USD pair maintains its position after registering losses in the previous session, hovering around 1.2480 during Wednesday's Asian hours. Technical analysis on the daily chart points to a weake
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