British pound news

GBP/USD prices are attempting a pullback as UK house prices surprised to the upside as US labor markets come under the spotlight later today.

The GBP/USD price continued its downward trend as UK and US bond yields and crude oil prices slipped.

The Bank of England says fewer households will struggle to keep up with mortgage payments than previously thought.

It comes after EU and UK carmakers said they were not ready for the change in post-Brexit trade rules.

The sharp re-pricing of ECB and Fed rate expectations compared to the BoE can be seen clearly in GBP/USD and EUR/GBP and may continue going into 2024.

GBP/USD corrects to 1.2577, eyes on US jobs data, BoE policy, and Fed rates. Key resistance at 1.2700, support near 1.2500

$1.2650 area looks pivotal.

This article focuses on the technical outlook for USD/JPY, GBP/USD and AUD/USD, taking into account recent price action dynamics as well as prevailing market sentiment.

GBP/USD resilient at 1.2732 amid BoE rate decisions. Eyes on US jobs report and potential Fed rate cuts. Technicals and US data to drive near-term trend.

The GBP/USD pair retreated on Monday as the US dollar index (DXY) bounced back.

Cable faced selling pressure today thanks to a revival in the US Dollars haven appeal. Looking ahead and developments around the US Dollar is likely to be the major driving force of GBPUSD for the rest of the week.

The Euro has encountered great difficulty as the currency surrenders ground against a number of G7 currencies as the economic outlook worsens, expected rate cuts accumulate

British Pound (GBP) surges as Bank of England signals prolonged rate hikes. GBP/USD nears 3-month high. Analysis and expectations for GBPUSD today

British Pound (GBP) surges as Bank of England signals prolonged rate hikes. GBP/USD nears 3-month high. Analysis and expectations for GBPUSD today

The GBP/USD exchange rate is holding steady near its highest point since August as the US dollar retreat continued.

The GBP/USD was trading near the 1.26150 mark on Friday which may have set off alarm bells among cautious speculators, this as Tuesday’s and Wednesday’s highs above the 1.27000 level seemed as if they would vanish into the sunset.

Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of December 3rd, 2023 here.

This article focuses on the technical outlook for major U.S. dollar pairs such as EUR/USD, USD/JPY and GBP/USD. It also examines key price levels that could come into play ahead of the November U.S. jobs report.

Within this article, we explore the technical outlook for EUR/USD and GBP/USD, identifying significant price thresholds that may play roles as support or resistance ahead of Powell’s on Friday.

Tributes from all sides to former Labour chancellor who steered the UK through 2008's economic crisis.