CCY:GBPUSD

Gbp/usd Currency Pair News

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$1.34
-0.0015 (-0.112%)
At Close: Jul 10, 2026
The GBP/USD pair extends the overnight late pullback from the 1.2670 region and trades with a mild negative bias during the Asian session on Friday. Spot prices currently hover around the 1.2635-1.263
Everyone expects a soft US core PCE inflation print on Friday. The seeds for such an outcome were sown weeks ago following the release of weak consumer and producer price data.
GBP/USD waffled on Thursday, churning in empty yet familiar chart paper between long-term moving averages, with price action sandwiched between the 1.2700 and 1.2600 handles. US data came in mixed, le
Dollar Index retreats ahead of key Core PCE report; Euro gains amid eurozone turmoil; Sterling recovers from recent lows.
Pound Sterling Price News and Forecast: GBP/USD remain bearish despite bouncing off weekly lows
The Pound Sterling gathers some steam versus the Greenback, yet it remains trading below the weekly highs of 1.2703 as investors await the US Personal Consumption Expenditure (PCE) Price Index release

GBP/USD – 27.06.2024

10:10am, Thursday, 27'th Jun 2024
As we advised early this week and seen on our previous chart, the GPBUSD pair managed to hit the first target of 1.2640 and move lower. Prices also managed to hit the rebound correction toward the 1.2
GBP/USD lost 0.5% and touched its lowest level in over a month below 1.2620 on Wednesday. The pair stages a technical correction toward 1.2650 in the European morning on Thursday but the technical ou

Midweek Technical Look – Gold, GBPUSD, USDJPY

07:11am, Thursday, 27'th Jun 2024
Gold at risk of a bearish trend reversal below 2,285 GBPUSD extends its negative trajectory; 200-EMA in focus USDJPY tests intervention risks above 160 ahead of core PCE inflation data
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.
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