CCY:GBPUSD

Gbp/usd Currency Pair News

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$1.34
-0.0037 (-0.273%)
At Close: Jun 03, 2026
The dollar spiked higher after the latest US inflation data with the Pound to Dollar (GBP/USD) exchange rate dipping to fresh 3-week lows below 1.3050 before a tentative recovery. Overall moves were r
The GBP/USD pair remains under pressure, trading near 1.3045 as the market reacted to the latest US inflation data. Economic activity released during the European session seems to have added pressure

GBP/USD down after US CPI figures and UK GDP data

06:25pm, Wednesday, 11'th Sep 2024
The GBP/USD pair remains under pressure, trading near 1.3045 as the market reacted to the latest US inflation data. Economic activity released during the European session seems to have added pressure
The Pound Sterling dropped during the North American session, down 0.30% after UK data showed the economy is slowing down. This and a pick-up in US inflation weighed on the GBP/USD, which trades at 1.
Pound Sterling Price News and Forecast: GBP/USD edges lower after US inflation data
U.S. dollar gained some ground as Core Inflation Rate exceeded analyst expectations.

GBP/USD Technical Analysis: Cable 1.3000 Test

11:47am, Wednesday, 11'th Sep 2024
It's been a busy morning in the US Dollar after the release of US CPI and for GBP/USD, there's been a visible sell-off taking-hold since the US open.
US inflation data were mainly in line with expectations, but core CPI showed signs of stickiness, cooling bets for 50 basis points rate cut by Fed and inflating the US dollar.
GBP/USD is trading marginally lower in the 1.3060s on Wednesday after the release of US inflation data leads to an appreciation in the US Dollar (USD) amid prospects of a more measured approach to eas
The Pound Sterling (GBP) is little changed and underperforming on the session as a result, Scotiabank's Chief FX Strategist Shaun Osborne notes.

GBP/USD – 11.09.2024

09:04am, Wednesday, 11'th Sep 2024
GBPUSD also dropped and is now closing to the support zone 1.3050-70. As long as the market holds above 1.3050-70 a chance for another advance toward 1.3300 and 1.3480 is still valid.
The Pound Sterling (GBP) could retest the 1.3050 level before a more sustained rebound is likely. In the longer run, GBP is expected to weaken further; the next level to watch is 1.3000, UOB Group FX

GBP/USD, EUR/USD Forecast: Two trades to watch

04:52am, Wednesday, 11'th Sep 2024
UK GDP stalled for a second straight month in July at 0%, which was below forecasts of 0.2%. GDP has registered no growth in three of the last four months.
Following a drop below the key 1.3100 support earlier in the week, the Pound Sterling (GBP) managed to regain balance against the US Dollar (USD), lifting GBP/USD back north of the 1.3200 hurdle soon
The GBP/USD pair attracts some dip-buying during the Asian session on Monday and climbs back closer to mid-1.3100s in the last hour, though a combination of factors might cap any further gains. 
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