CCY:GBPUSD

Gbp/usd Currency Pair News

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$1.34
-0.0037 (-0.273%)
At Close: Jun 03, 2026
The GBP/USD pair recovers at a strong pace from an intraday low of 1.2707 above the round-level resistance of 1.2800 in Friday's New York session. The Cable discovers strong buying interest on disappo

GBP/USD 02.08.2024

09:08am, Friday, 02'nd Aug 2024
GBPUSD managed to meet the target of 1.2730-50 and managed to fall below this support. As projected before and as we see on the chart, if prices hold below 1.2770-80, the downtrend pressure could sust
GBP/USD extended its slide after losing 0.9% on Thursday and touched its weakest level in nearly a month below 1.2710 early Friday. Although the pair managed to erase its daily gains, it could have a
Cable remains in red in early Friday, following Thursday's 0.9% drop (the biggest daily loss since Apr 10) as fresh risk aversion deflated sterling.
Severely oversold conditions suggest any further decline is likely to be limited to a test of 1.2695. The significant support at 1.2645 is unlikely to come into view today.
With the Dollar Index above $104, traders focus on Non-Farm Payroll figures to gauge the economy's health and impact on forex markets.

Pound US Dollar Exchange Rate Tumbles

03:00am, Friday, 02'nd Aug 2024
The Pound (GBP) plummeted against the majority of its rivals on Thursday following the BoE's decision to lower interest rates. Five of the nine BoE rate-setters voted for a quarter-point rate reductio
GBP/AUD Exchange Rate Slips on BoE Rate Cut The Pound Australian Dollar (GBP/AUD) exchange rate weakened on Thursday following the Bank of England (BoE)'s latest interest rate meeting. At the time of
GBP/USD extends its losses following the Bank of England‘s (BoE) decision to deliver a broadly expected 25-basis point rate cut at its August meeting held on Thursday. The GBP/USD pair trades around
GBP/USD found a new hole in the floor on Thursday, declining towards the 1.2700 handle after fresh recession fears off the back of a miss in US Purchasing Managers Index (PMI) figures that mixed poorl
GBP/USD found a new hole in the floor on Thursday, declining towards the 1.2700 handle after fresh recession fears off the back of a miss in US Purchasing Managers Index (PMI) figures that mixed poorl
The British Pound plummeted on the heels of today's Bank of England interest rate cut with GBP/USD poised to mark the largest single-day loss since April. The decline takes Sterling into confluent tec
The weaker-than-expected ISM Manufacturing PMI report did not put pressure on the American currency.
The pair returned above 1.2800 mark after hitting the lowest in almost one month (1.2750), with subsequent bounce signaling formation of a bear-trap on daily chart (below Fibo support at 1.2779, reinf
Pound Sterling Price News and Forecast: GBP/USD recovers some losses
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