CCY:GBPUSD

Gbp/usd Currency Pair News

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$1.34
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At Close: Jun 04, 2026
The GBP/USD exchange rate suffered a harsh reversal this week as the US dollar index (DXY) staged a strong comeback. It retreated to 1.3090, its lowest point since September 12, and 2.24% below its hi
The pound has faced strong bearish pressure following statements from Bank of England Governor Andrew Bailey, who hinted that the institution might adopt a more proactive stance on rate cuts if inflat
GBP/USD trades with mild gains above 1.3100, focus on US NFP data
The GBP/USD pair continues losing ground for the third straight day – also marking the fourth day of a negative move in the previous five – and plummets to over a two-week low during the first hal
The encouraging Services PMI data provided support to the American currency.
U.S. dollar rallies as Treasury yields rise and geopolitical tensions intensify. Strong labor data dampens gold prices, with Fed rate cuts looking less likely.
At the time of writing the GBP/AUD was trading at around AU$1.9244, down roughly 0.2% from Thursday's opening rate. The Australian Dollar (AUD) firmed against the majority of its peers on Wednesday as
At the time of writing the GBP/USD was trading at around $1.3268, virtually unchanged from Wednesday's opening levels. The US Dollar (USD) managed to hold steady against the majority of its peers on W
MUFG's central case is that the Pound to Dollar (GBP/USD) exchange rate will strengthen to 1.37 in March 2025 as the dollar continues a slow decline. It expects a faster rate of Bank of England (BoE)
Cable remains firmly in red and accelerated lower on Thursday morning, falling over 1% for the session.

Midweek Technical Look – Gold, GBPUSD, EURGBP

07:45am, Thursday, 03'rd Oct 2024
Gold flatlines ahead of the US nonfarm payrolls report; bulls are still in town GBPUSD sinks after BoE signals aggressive rate cutsEURGBP turns swiftly up within a bearish channel
Sterling came under increased pressure from dovish comments from BoE Governor Bailey, who said the central bank could be more aggressive on rate cuts, adding to expectations for 25 basis points cut at

Why GBP/USD sold off so much today?

05:49am, Thursday, 03'rd Oct 2024
This early morning, in an exclusive interview with The Guardian, BoE's Governor Bailey said that the central bank could become "a bit more aggressive" in cutting interest rates provided the news on in
US Dollar strengthens as Services PMI remains in focus. Gold, EUR/USD, and GBP/USD traders watch key data for potential market shifts.
The GBP/USD pair continues losing ground for the third straight day – also marking the fourth day of a negative move in the previous four – and plummets to over a two-week low during the first hal
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