CCY:GBPUSD

Gbp/usd Currency Pair News

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

GBP/USD – 06.06.2024

10:18am, Thursday, 06'th Jun 2024
As mentioned in the previous week, the GBPUSD pair met the target of 1.2800, which then saw a correction. If prices remain below 1.2800-15, a further drop will be expected, with supports at 1.2640  a
The Pound to Dollar exchange rate (GBP/USD) has hit an 11-week high just above 1.28, but CIBC expects that the dollar will hold firm this year while three Bank of England rate cuts will undermine the
The bank considers that Federal Reserve policy will be crucial for the dollar with a decision not to cut rates this year, allied with Bank of England rate cuts, will trigger losses to 1.18 at the end
Cable is consolidating under new multi-week high (1.2817), with near-term action underpinned by rising 10DMA (1.2758) and looking for fresh push higher and attack at 2024 high (1.2893).
Cable is consolidating under new multi-week high (1.2817), with near-term action underpinned by rising 10DMA (1.2758) and looking for fresh push higher and attack at 2024 high (1.2893).
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