CCY:GBPUSD

Gbp/usd Currency Pair News

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$1.34
-0.0015 (-0.112%)
At Close: Jul 10, 2026

GBP/USD Strength Ahead of Election Day

09:11am, Wednesday, 03'rd Jul 2024
With just one day to go until Election Day in the United Kingdom, the only thing in doubt is the scale of the Conservatives' defeat.
Cable advances for the second consecutive day, underpinned by better than expected UK services PMI (dominant sector of the economy) released earlier today.
GBP/USD continues to edge higher and trades in positive territory near 1.2700 after posting gains on Tuesday. The pair's technical outlook points to a bullish tilt in the near term as investors await
GBPUSD stayed up on Tuesday after Fed Chairman Jerome Powell stated that US inflation is on a downward trajectory, but much more is at play.
Current price movements are likely part of a consolidation, likely between 1.2600 and 1.2720. The Pound Sterling (GBP) could rebound further, but any advance is unlikely to be able to break the major

DAX, GBP/USD Forecast: Two trades to watch

04:27am, Wednesday, 03'rd Jul 2024
Stocks in Europe are heading higher, in a bright start, boosted by another strong close on Wall Street. Risk appetite has been lifted by Fed Chair Jerome Powell acknowledging progress on cooling infla
With DXY bearish below EMA 105.65, traders anticipate further sell-off, influencing EUR/USD and GBP/USD movements

Pound US Dollar Exchange Rate Firms

02:00am, Wednesday, 03'rd Jul 2024
At the time of writing GBP/USD was trading at $1.2689, up approximately 0.2% from Tuesday's opening rate. The US Dollar (USD) opened Tuesday's session on a positive note, as gloomy trading conditions
At the time of writing GBP/CAD traded at around CA$1.7361, virtually unchanged from Tuesday's opening rate. The Canadian Dollar (CAD) was able to firm against the majority of its peers on Tuesday foll
At the time of writing the GBP/AUD exchange rate was trading at AU$1.9218. Down roughly 0.3% from the start of the European trading session on Tuesday.
The GBP/USD pair struggles to build on the overnight goodish rebound from the 1.2615 area, or a multi-day low and oscillates in a narrow band during the Asian session on Wednesday. Spot prices remain
The GBP/USD pair struggles to build on the overnight goodish rebound from the 1.2615 area, or a multi-day low and oscillates in a narrow band during the Asian session on Wednesday. Spot prices remain
GBP/USD extends upside above 1.2650, eyes on US data/FOMC Minutes
Powell's words about disinflation trends did not put pressure on the American currency.
Pound Sterling Price News and Forecast: GBP/USD gains despite standing bearish below 1.2700
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