British pound news

Some UK residents coming back from South Africa are still struggling to find quarantine hotel rooms.

Amid limited momentum, the pound rose against other major currencies.

Sterling is modestly higher against both the US Dollar and the Euro but GBP/USD remains close to trendline support and if that breaks then further losses are likely.

The British pound gapped higher to kick off the trading session on Monday, starting the week on the right foot.

The price still looks likely to break down below consolidating triangle pattern.

The first full week of December brings about a slew of important economic data releases and events from around the globe.

AUD/USD extremely oversold, stable equities should prompt rebound, EUR/GBP to stall at 200DMA

The GBP/USD gained a short-lived respite from prior selling pressure on Friday when the Bureau of Labor Statistics released what can only be described as the “downbeat” US non-farm payrolls report for November.

Fewer drivers are leaving the profession, Logistics UK says, but more action is needed to attract recruits.

The British pound fell a bit on Friday as we continue to see plenty of downward momentum.

The GBP/USD pair is hovering near its lowest level since December 2020 as investors weigh the next actions by the Bank of England (BOE) and the Federal Reserve.

A Bank of England policymaker says he wants more data on new virus variant before rates decision.

Scientific data on vaccine efficacy a trigger for a BoE rate rise this month.

USD bulls have made another push this week, even after the Omicron-fueled scare from last week. EUR/USD, GBP/USD and AUD/USD are all nearing major inflection points.

Non-Farm Payrolls in focus as tight jobs market is likely to reinforce Fed's faster taper signal

Tomorrow brings NFP out of the United States and this print can create some volatility across global markets as the focus is now on the FOMC after Powell's comments this week.

Bearish momentum continues to dominate the GBP/USD amid a general risk aversion in global markets as investors balance the strength of the new COVID variant and its impact on the future of the global economic recovery.

Unease in the financial markets over the spread of the Omicron variant of Covid-19 and a more hawkish Federal Reserve will likely continue to weigh on GBP/USD.

The British pound initially shot higher on Wednesday but gave back the gains rather quickly as Jerome Powell has not changed much of his demeanor.

The GBP/USD pair was little changed on Thursday morning as the market reflected on the statement by Jerome Powell and the strong economic data.

Cable is clawing back most of Tuesday's spike sell-off but the technical outlook for the pair remains weak.

The GBP/USD has sustained a heavy dose of nervous trading the past handful of days as financial institutions try to find equilibrium.

The GBP/USD pair's attempts to recover, which did not exceed the 1.3370 resistance level, evaporated.

The average price of a UK house was £252,687 in November, according to the Nationwide Building Society.

The British pound initially rallied on Tuesday but then turned around to fall quite sharply as Jerome Powell struggled to keep the markets from falling apart while speaking in front of Congress.

The GBP/USD pair was under pressure during the American and Asian sessions as concerns about the new Omicron variant rose.