CCY:GBPUSD

Gbp/usd Currency Pair News

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At Close: Jun 04, 2026
Rising Treasury yields did not provide support to the American currency.

GBP/USD – 13.12.2024

08:28am, Friday, 13'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
GBPUSD fell further on Friday, holding in red for the third consecutive day, driven by stronger dollar and additionally pressured by unexpectedly weak UK Oct GDP numbers. Fresh weakness tested support
Sharp sell-off seems excessive; the Pound Sterling (GBP) is likely to consolidate in a 1.2650/1.2725 range. In the longer run, bias for GBP appears to be tilted to the downside; any decline is expecte
Following the uptick in US CPI and PPI data, and the market's priced in a Fed rate cut for next week, the US Dollar index stabilized above the 107-mark again. If the 108-resistance zone is breached, c

GBP/USD Declines Following UK GDP Data Release

05:02am, Friday, 13'th Dec 2024
The data revealed a slowing UK economy, defying analysts' optimistic expectations. According to Reuters and other outlets, the latest GDP figures:
... Exchange Rates UK - Exchange Rates and Foreign Exchange
The Euro (EUR) managed to hold steady against the majority of its peers on Thursday despite the European Central Bank announcing its fourth interest rate cut of the year, reducing the interest rate fr
G7 meetings and U.S. import prices drive speculation on Dollar strength, impacting Gold, GBP/USD, and EUR/USD outlooks this week.

GBPUSD Wave Analysis

01:29am, Friday, 13'th Dec 2024
GBPUSD currency pair recently reversed down sharply from the resistance level 1.2780 (which reversed the price for the last 5 consecutive trading sessions) standing close to the 50% Fibonacci correcti
GBP/USD holds losses for the third successive day, trading around 1.2660 during the Asian hours on Friday. The pair depreciates as the potential tariff threats from Trump's administration have boosted
GBP/USD holds losses for the third successive day, trading around 1.2660 during the Asian hours on Friday. The pair depreciates as the potential tariff threats from Trump's administration have boosted

GBP/USD breaks down as Pound bulls roll over

06:33pm, Thursday, 12'th Dec 2024
GBP/USD lost its grip on Thursday, easing back below the 1.2700 handle and shedding over half of a percent in the pair's worst showing in weeks. US Producer Price Index (PPI) inflation rose faster tha
The Pound Sterling (GBP) surrenders gains and turns negative against the US Dollar (USD) in Thursday's North American session. The GBP/USD pair declines to near 1.2720 as the US Dollar (USD) recove
U.S. Dollar Index made an attempt to settle above the 107.00 level as traders reacted to PPI data.
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