British pound news

The economy contracted by 0.1% whereas analysts had expected to see slight growth.

The GBP/USD pair extended its bullish trend following the Federal Reserve’s third rate cut of the year, surging to 1.3381 as traders eye 1.3500, backed by strong technical momentum and a weaker US dollar.

GBP/USD remains bullish above key support at 1.3300 ahead of the Fed's rate decision, with technicals pointing to a breakout toward 1.3400 and possibly 1.3500 if dovish signals emerge.

GBP/CHF softened slightly after a strong multi-week rebound, with traders watching support near 1.07 and interest-rate differentials that still favor the Pound.

Bank of England deputy governor Clare Lombardelli said inflation would be brought down by measures cutting energy prices and freezing rail fares.

GBP/USD trades flat near 1.3325 as markets await the Fed’s expected 25 bps rate cut and potential BoE policy convergence. Technicals suggest bullish momentum toward 1.3500, though support at 1.3250 remains key.

GBP/CHF extended its climb on Monday, testing key resistance at 1.0750 as SNB intervention fears weigh on the franc, with support seen at 1.07 and 1.0650 in a broader bullish trend.

GBP/USD retreats from recent highs as resistance near 1.34 holds and traders shift focus to the upcoming Fed decision, with fundamentals still favoring U.S. dollar strength.

GBP/JPY pushes higher as the yen remains under pressure from ultra-loose BOJ policy and wide rate differentials, with shallow pullbacks offering bullish opportunities in a stable global risk environment.

The GBP/USD pair surged to multi-week highs as traders price in a Fed rate cut and await UK GDP data. With bullish technical indicators and rising market optimism, the pair is targeting the 1.3500 resistance, though upcoming macro data could influence short-term direction.