CCY:GBPUSD

Gbp/usd Currency Pair News

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At Close: Jun 04, 2026

GBP/USD – 16.12.2024

08:39am, Monday, 16'th Dec 2024
GBPUSD managed to fall below the support of 1.2715 and managed to drop further toward 1.2618, closing to the support zone of 1.2570-80. As we see on the chart, and if prices remain above 1.2570-80, a
While the European Central Bank and Swiss National Bank both cut interest rates last week, UK's sticky services inflation is likely to prevent the Bank of England from following its European counterpa
The Pound to Dollar (GBP/USD) exchange rate stalled above 1.28 in early December and has retreated to around 1.2650. MUFG expects dollar strength will push GBP/USD below 1.25 early in 2025 before a re
After ending the previous week on a bearish note, GBP/USD gains traction and rises to the 1.2650 area in the European morning on Monday. Preliminary December Manufacturing and Services PMI data from t
European PMI figures drive EUR/USD movement, while gold prices hold steady. Traders focus on key technical levels and upcoming Fed policy outlook.

GBP/USD Faces Trouble, USD/CAD Builds on Gains

02:37am, Monday, 16'th Dec 2024
On the hourly chart of GBP/USD at FXOpen, the pair struggled to continue higher above the 1.2840 resistance zone. The British Pound started a fresh decline and traded below the 1.2750 support zone aga
GBP/USD breaks its three-day losing streak, trading around 1.2640 during the early European hours on Monday. The daily chart analysis shows an ongoing bearish bias as the pair is confined within the d
The Pound Sterling (GBP) failed to sustain at three-week highs against the US Dollar (USD), sending GBP/USD back under the 1.2700 threshold.
The GBP/USD exchange rate continued its strong sell-off after last Friday's UK GDP data and as traders waited for the upcoming Federal Reserve and Bank of England decisions. The pair retreated to a lo
The GBP/USD pair ticks higher at the start of a busy week and for now, seems to have snapped a three-day losing streak to the 1.2600 neighborhood, or over a two-week low touched on Friday. Spot prices
The Pound US Dollar (GBP/USD) exchange rate was dented last week following several positive data releases from the US. At the time of writing the GBP/USD was trading at around $1.2643, down roughly 0.
However, the bank predicts a sharp Pound decline to 1.20 in 2026 amid heightened uncertainty and volatility. The global outlook will play a key role, with UK economic resilience depending on factors l
Strong UK yields and gradual Bank of England rate cuts are expected to support the Pound, despite risks from US tariffs and budget challenges. The Pound to Dollar (GBP/USD) exchange rate has posted sh
Friday's weak UK data saw GBP/USD slide towards the 1.26 handle, as EUR/GBP rebounded sharply from 0.82 to above 0.83, ending the week in positive territory. This recovery in EUR/GBP also supported EU
The Pound Sterling (GBP) falls sharply against its major peers on Friday after the United Kingdom (UK) Office for National Statistics (ONS) reported that monthly Gross Domestic Product (GDP) and fact
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