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At Close: Jun 04, 2026
Pound to Dollar Rate Slumps following UK CPI
03:00am, Thursday, 17'th Oct 2024
At the time of writing the GBP/USD was trading at around $1.3020, down roughly 0.4% from Wednesday's opening levels. The Pound (GBP) tumbled against nearly all other currencies on Wednesday following
Pound New Zealand Dollar (GBP/NZD) Exchange Rate Tumbles following Inflation Data
03:00am, Thursday, 17'th Oct 2024
At time of writing, GBP/NZD traded at around NZ$2.1434, down roughly 0.7% from Wednesday's opening rate. The Pound (GBP) plunged against the majority of its peers on Wednesday following the publicatio
Pound Sterling Price News and Forecast: GBP/USD consolidates Wednesday's softer UK CPI-inspired fall
12:29am, Thursday, 17'th Oct 2024
The GBP/USD pair remains below the 1.3000 psychological mark during the Asian session on Thursday and is currently placed near its lowest level since August 20 touched the previous day. Meanwhile, the
GBP/USD seems vulnerable below 1.3000, its lowest level since August 20
12:26am, Thursday, 17'th Oct 2024
The GBP/USD pair remains below the 1.3000 psychological mark during the Asian session on Thursday and is currently placed near its lowest level since August 20 touched the previous day. Meanwhile, the
GBP Price Action Ideas: GBP/USD, GBP/JPY and EUR/GBP
09:26pm, Wednesday, 16'th Oct 2024
The GBP has steadily declined against the greenback in recent weeks, while remaining stable against the Euro. This weakness in the British pound is attributed to market participants pricing in more ag
GBP/USD cracks through 1.30 as bears regain control
06:55pm, Wednesday, 16'th Oct 2024
Tension snapped in GBP/UISD chart action on Wednesday, with Cable losing the tug of war and backsliding out of recent congestion. Cable tumbled two-thirds of one percent and slipped below the 1.3000 h
GBP/USD outlook: BoE gets inflation greenlight and US election nears
01:19pm, Wednesday, 16'th Oct 2024
With the US dollar momentum gathering pace, the risks remain skewed to the downside in so far as the short-term GBP/USD outlook is concerned. The greenback is likely to remain supported as we near the
U.S. Dollar Stays Strong: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY
12:49pm, Wednesday, 16'th Oct 2024
U.S. dollar tests multi-week highs as traders bet on less dovish Fed.
Pound Sterling Price News and Forecast: GBP/USD tumbles to two-month low below 1.3000 on soft UK CPI
12:40pm, Wednesday, 16'th Oct 2024
Pound Sterling Price News and Forecast: GBP/USD tumbles to two-month low below 1.3000 on soft UK CPI
GBP/USD Price Forecast: Tumbles to two-month low below 1.3000 on soft UK CPI
10:53am, Wednesday, 16'th Oct 2024
The Pound Sterling dived following a softer-than-expected UK inflation report, which dragged the GBP/USD exchange rate to a two-month low of 1.2981. Although it has recovered some ground, the pair is
GBP/USD – 16.10.2024
10:16am, Wednesday, 16'th Oct 2024
If prices hold above the support of 1.3000, a rebound correction will be expected toward 1.3150-75 and above. The market today hit a few pips below 1.3000 with UK CPI data before rebounding.
Pound Sterling Price News and Forecast: GBP/USD dovish pivot for sterling – ING
08:24am, Wednesday, 16'th Oct 2024
The Pound Sterling (GBP) falls vertically below the psychological support of 1.3000 against the US Dollar (USD) in Wednesday's London session. The US Dollar stays afloat near a more than two-month hig
GBP/USD: Dips Below 1.3000 on Weaker Than Expected UK CPI Numbers
07:59am, Wednesday, 16'th Oct 2024
Sterling was down 0.8% in immediate reaction to economic data which showed that UK inflation fell more than expected in September and dipped below BoE's 2% target, adding to bets for more rate cuts to
GBP/USD Drops Below 1.30 on Soft Inflation Report
05:49am, Wednesday, 16'th Oct 2024
The British pound has finally showed some movement on Wednesday after a week of limited movement. In the European session, GBP/USD is trading at 1.2992, down 0.62% on the day.
GBP/USD: 1.3000 seems out of reach for now – UOB Group
05:09am, Wednesday, 16'th Oct 2024
There has been no further increase in momentum; a breach of 1.3125 would suggest that 1.3000 is out of reach, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
