CCY:GBPUSD

Gbp/usd Currency Pair News

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$1.34
-0.0037 (-0.273%)
At Close: Jun 03, 2026
GBP could break below 1.2600. Downward momentum is picking up again, but the next major support at 1.2550 is unlikely to come into view for now, analysts at UOB Group note.
With the Dollar Index (DXY) approaching $106, market analysts anticipate a potential bearish correction, impacting EUR/USD and GBP/USD trading dynamics.
The Pound US Dollar (GBP/USD) exchange rate was on the back foot on Wednesday following the publication of some below forecast mid-tier UK data. At the time of writing GBP/USD was trading at around $1
The GBP/USD pair attracts some buyers near the 1.2615-1.2610 area, or its lowest level since mid-May touched during the Asian session on Thursday and reverses a part of the previous day's steep declin
The GBP/USD pair attracts some buyers near the 1.2615-1.2610 area, or its lowest level since mid-May touched during the Asian session on Thursday and reverses a part of the previous day's steep declin
The British Pound failed to recover above the 1.2700 resistance against the US Dollar. GBP/USD started another decline and traded below the 1.2665 support.
GBP/USD backslid into familiar near-term lows on Wednesday as tepid market flows bolstered the US Dollar. The Pound Sterling remained pinned on the low side as the pair struggled to stay above 1.2600.
The dollar strengthens to its highest level since May, with traders focusing on PCE inflation data that could influence Fed rate cut expectations.
GBP/USD slips below the 50-Day SMA (1.2637) to register a fresh monthly low (1.2618), and the exchange rate may continue to give back the advance from the May low (1.2446) amid the limited response to
Pound Sterling Price News and Forecast: GBP/USD pound plummets, targets 1.2600 as evening star surfaces
The Euro has been on the defensive on Tuesday with the Pound to Euro (GBP/EUR) exchange rate strengthening to 1.1850 from 1.1815. The Pound to Dollar (GBP/USD) exchange rate tested the 1.2700 level on
The Pound Sterling lost ground versus the Greenback on Wednesday following the release of US housing data, which highlights the sector's weakness, yet the buck trades at around 8-week highs, as shown

GBP/USD Mid-Day Outlook

08:54am, Wednesday, 26'th Jun 2024
Daily Pivots: (S1) 1.2666; (P) 1.2685; (R1) 1.2704; More… GBP/USD is staying above 1.2622 temporary low despite today’s decline. Intraday bias stays neutral first. Further fall is expected as long
The Pound Sterling (GBP) weakens against the US Dollar (USD) in Wednesday's London session. The recovery move in the GBP/USD pair from the more than five-week low of 1.2620 appears to have stalled ne
EUR/USD remains under pressure at $1.06865, while GBP/USD holds steady at $1.26705. Traders await critical US and UK sales data.
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