GBP/USD pulls back before US inflation data
The GBP/USD currency pair briefly reached a four-week high on Tuesday. A downward revision in anticipated job growth has bolstered the US dollar amidst speculation of Federal Reserve rate cuts. Upcoming inflation data, due next week, will precede the Federal Reserve’s upcoming decision. On Tuesday, GBP/USD approached its four-week peak, testing levels just above 1.3550 […]
GBP/USD Prediction for September 9: Demonstrating Strength in the Range (Video)
Created on September 9, 2025 On Monday, the British pound gained some ground against the US dollar, which was a nice change. But, you know, I’m not jumping for joy just yet. There’s significant resistance around the 1.3550 mark, stretching up to 1.36. This 1.36 level seems to be a sticking point, frankly. It brings […]
GBP/USD rises further before important US inflation report.
GBP/USD continued its upward trend on Monday, rising 0.35%. Investor sentiment remains optimistic as expectations build for a reduction in the Fed rate. This week’s US inflation data could shake investor confidence ahead of the Fed’s next decision on rates. The GBP/USD pair saw further gains on Monday, climbing by 0.35% to reestablish itself above […]
GBP/USD Outlook for Today 05/09: Remains Stable (Chart)
Created on September 5th, 2025 On Thursday, the UK pound fluctuated during trading, as traders awaited a non-foreign salary announcement set for Friday. The US dollar’s performance is crucial for traders, influencing market direction significantly. Recently, the British pound has not performed particularly well against the US dollar, though it seems to have maintained a […]
What is the timing of UK Retail Sales and what impact might they have on GBP/USD?
UK Retail Sales Update Recent figures released by the Office of National Statistics (ONS) indicate that retail sales in the UK rose by 0.6% month-over-month in July. This marks a rise from the previously recorded 0.3% in June, which was adjusted down from 0.9%. Overview of UK Retail Sales Retail sales data, due to be […]
GBP/USD remains stable as it awaits important US NFP jobs report.
GBP/USD hovered around 1.3430 on Thursday. Traders are preparing for Friday’s significant NFP report. The push for Federal Reserve rate cuts reflects ongoing concerns about job growth in the US. On Thursday, GBP/USD slowed down, remaining near 1.3430 after the fluctuations seen in the previous session. As usual, the US non-farm payroll (NFP) data is […]
GBP/USD stabilizes as ADP jobs fall short, ISM Services PMI exceeds expectations
GBP/USD is expected to stabilize around 1.3430 after recovering from a one-month low on Wednesday. Despite mixed labor market data, the US dollar index has held steady above 98.00. Private sector jobs in the US increased by 54K in August, falling short of the 65K prediction, and significantly down from a revised 106K in July. […]
GBP/USD bounces back before important employment figures, yet still stays on the weaker side
GBP/USD climbed above 1.3400 on Wednesday after dipping below 1.3350. The currency market is gearing up for central bank announcements from both the Fed and the BOE this month. There’s a preview for the US ADP jobs report on Thursday, with market sentiment closely linked to hopes for a Fed rate reduction. The GBP/USD pair […]
GBP/USD climbs to 1.3440 as favorable UK data balances out US weakness
The GBP/USD pair has bounced back from a low of 1.3332 to reach 1.3442 as the US dollar softens following a strong rally earlier this week. The latest US JOLTS report points to a notable drop in job openings for July, underscoring concerns about employment and manufacturing performance. The UK services PMI surged to 54.2, […]
GBP/USD drops sharply before complete data release
GBP/USD Sees Sharp Decline GBP/USD dropped significantly on Tuesday, with a decline exceeding 1%. Market sentiment has shifted towards risk aversion as September trading opens. Key US economic data releases are expected for investors throughout the week. The GBP/USD fell noticeably on Tuesday, decreasing over 1.15% and slipping below the 1.3800 mark for the first […]