CCY:GBPUSD

Gbp/usd Currency Pair News

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At Close: Jul 10, 2026

Elliott Wave Favors Further Upside in GBPUSD

01:32am, Friday, 12'th Jul 2024
GBPUSD broke above the previous peak on 6.12.2024 which opens up a bullish sequence from 4.22.2024 low. Rally from there is unfolding as a 5 waves impulse Elliott Wave structure where wave 1 ended at
The GBP/USD pair seesaws between tepid gains/minor losses around the 1.2900 mark during the Asian session on Friday and remains well within the striking distance of a one-year peak touched the previou
The GBP/USD pair seesaws between tepid gains/minor losses around the 1.2900 mark during the Asian session on Friday and remains well within the striking distance of a one-year peak touched the previou
GBP/USD extended into a second day of a topside run, breaking through a firm supply zone and setting a fresh peak for 2024 near 1.2950. The pair set a new 50-week high as the Greenback tumbled across
GBP/USD rallies to a fresh yearly high (1.2949) as the US Consumer Price Index (CPI) reveals slowing inflation, with the Relative Strength Index (RSI) flirting with overbought territory as the exchang
Forex traders prepare for rate cuts as U.S. inflation missed analyst estimates.
Pound Sterling Price News and Forecast: GBP/USD soars past 1.2900 as USD weakens on soft CPI
The Pound Sterling extended its gains on Thursday following better-than-expected data from the UK as the economy expanded above estimates. US inflation missed the mark, coming softer a headwind for th

GBP/USD – 11.07.2024

10:06am, Thursday, 11'th Jul 2024
The GBPUSD pair seems preparing for more advance while managing yesterday to obtain a daily close above the 1.2815 level. As we see on the chart, the market is facing the first Intraday support around
Cable hit new four-month high in European trading on Thursday, lifted by better than expected UK May GDP numbers, which poured cold water on expectations for BoE rate cut next month.

GBP/USD Hits 4-month High on Strong GDP

07:35am, Thursday, 11'th Jul 2024
The sun is shining in London today and there's plenty to smile about besides the pleasant weather. England has punched their ticket to the final of the Euro football tournament and UK GDP was stronger
The Pound to Dollar (GBP/USD) exchange rate has stalled around 1.2850 and ANZ sees downside risks in the near term amid increased speculation over an interest rate cut. From a longer-term perspective,
Unless US CPI now comes in hotter, the GBP/USD outlook should remain positive heading deeper into the summer months. This is especially the case after the cable broke a long-term resistance trend arou
GBP/USD gained traction in the American session on Wednesday and registered its highest daily close since March. The pair trades in positive territory above 1.2850 in the European session on Thursday.
Price action continues to suggest upside risk, so there's room for the Pound Sterling (GBP) to grow towards the next major resistance at 1.2900, UOB Group FX analysts Quek Ser Leang and Peter Chia not
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