GBP/USD Price Outlook: Drops under 1.3350, continues to show a negative trend below the 100-day average
The GBP/USD pair is in a downward trend, hovering around 1.3320 as the early European session unfolds on Thursday. The British Pound (GBP) has lost ground against the US Dollar (USD) following the UK Budget announcement. Eyeing the market later today, the US will release the September Personal Consumption Expenditures (PCE) inflation report, which is […]
GBP/USD Outlook: Negative Sentiment Below 1.3250 as 1.3200 Support Approaches
Created on September 29, 2026 The market is experiencing a notably strong US Dollar, which seems to be outperforming nearly every other currency around, including the pound. Overall, there’s a noticeable decline in risk sentiment. Over the past day, most riskier assets have taken a hit, and the GBP/USD pair is no exception. US Treasury […]
GBP/USD Price Prediction: Stabilizes around 1.3200, short-term outlook stays negative
The British Pound (GBP) has seen a rise of 0.15%, reaching approximately 1.3245 against the US Dollar (USD) during the early European session on Monday. This increase in the GBP/USD pair occurs as the British currency surpasses its competitors, even though analysts express doubts about the aggressive rate hikes forecasted by the Bank of England […]
GBP/USD Forecast Ahead of Wednesday’s Fed Decision
GBP/USD Currency Pair Analysis The GBP/USD currency pair has been caught within a broad range for several months now. Yet, if we take a longer view of the situation, not much has changed fundamentally. However, as we dive into the shorter time frames, it seems like some noteworthy developments are starting to come to light, […]
GBP/USD Update 23/07: Drops as US Dollar Index Rises
Market Update: GBP/USD Under Pressure Amid Rising Energy Prices The GBP/USD exchange rate faced downward momentum on Thursday morning, prompted by soaring energy prices stemming from heightened tensions in the Middle East. It decreased by 1.35% from earlier highs, settling at 1.3370. Inflation Concerns Amid US-Iran Tensions This decline in GBP/USD coincided with a rise […]
GBP/USD Price Outlook: British Pound continues to weaken amid UK leadership transition
British Pound Continues Decline Against US Dollar The British pound (GBP) has seen a drop against the US dollar (USD) for the second consecutive day, falling by 0.4% to around 1.3427 during Friday’s European trading. This continued decline seems largely driven by the ongoing changes in leadership within the United Kingdom (UK). Next week will […]
GBP/USD Price Outlook: Continues positive upward trend above 1.3500 despite small declines
The GBP/USD pair is experiencing a slight decline, hovering around 1.3535 in early trading on Thursday. Traders seem to be adopting a cautious stance ahead of key economic reports, including the UK’s gross domestic product (GDP) and US retail sales, both set to be released later today. There’s been a notable increase in speculation regarding […]
Pound Sterling Update and Outlook: GBP/USD rises a bit as the US Dollar struggles to find momentum
British Pound: Recovery Tests Key Resistance Against USD – Scotiabank According to Scotiabank analysts Sean Osborne and Eric Theoret, there’s been a positive shift in sentiment after Prime Minister Starmer announced his resignation, leading to a slight uptick in the British pound sterling (GBP) against the US dollar (USD). They believe that the updated interest […]
GBP/USD Price Outlook: Pulls back from one-week high as USD strengthens; 1.3300 is crucial
The GBP/USD pair experienced some selling pressure during the Asian session on Tuesday, pulling back from its recent one-week high. Currently, prices are trading between 1.3235 and 1.3230, marking a drop of nearly 0.20% for the day, effectively ending a three-day winning streak. The US dollar has gained traction, influenced by mixed updates on US-Iran […]
GBP/USD Price Prediction: US-Iran agreement helps push beyond 20-day EMA
During late trading in Asia on Monday, the GBP/USD pair rose by 0.35%, hovering around 1.3460. The British pound, often referred to as “cable,” is continuing its upward trend for another week, fueled by improving market sentiment after a recent deal between the US and Iran. At this moment, S&P 500 futures had increased by […]