$1.34
-0.0001 (-0.0112%)
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
GBP/USD forecast: Currency Pair of the Week – December 16, 2024
08:25am, Monday, 16'th Dec 2024
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
MUFG: Pound to Dollar Rate to Regain 1.30, H2 2025 Sterling Renaissance
07:00am, Monday, 16'th Dec 2024
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
Pound Sterling Price News and Forecast: GBP/USD recovers above key technical level [Video]
06:12am, Monday, 16'th Dec 2024
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
US Dollar Forecast: European PMI Figures in Focus; Gold, GBP/USD and EUR/USD Outlook
03:04am, Monday, 16'th Dec 2024
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 Price Forecast: Hovers below 1.2650, descending channel's upper boundary
02:34am, Monday, 16'th Dec 2024
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
Pound Sterling Price News and Forecast: GBP/USD attracts some dip-buyers on Monday
10:30pm, Sunday, 15'th Dec 2024
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.
GBP/USD forecast ahead of Fed, BoE interest rate decision
09:01pm, Sunday, 15'th Dec 2024
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
GBP/USD edges higher to 1.2630, looks to UK/US PMIs for some impetus
08:11pm, Sunday, 15'th Dec 2024
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 to Dollar Five-Day Forecast: Bank of England & FED Decisions Ahead
01:00pm, Sunday, 15'th Dec 2024
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.
Morgan Stanley: 2025 Reprieve for the Pound vs U.S. Dollar, End-Year Target 1.34
06:00am, Sunday, 15'th Dec 2024
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
UBS: Pound Sterling Will Overcome Potential Headwinds, end-2025 GBP/USD Forecast 1.35
06:00am, Sunday, 15'th Dec 2024
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
GBP/USD Forecast: BoE and FOMC Could Spark Fresh Selling in Cable
08:00pm, Saturday, 14'th Dec 2024
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
Pound Sterling Price News and Forecast: GBP/USD slides as decline in UK GDP stems economic concerns
12:43pm, Friday, 13'th Dec 2024
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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