GBP/USD ends its winning run following strong US PPI inflation data
GBP/USD decreased on Thursday, influenced by a rise in demand for the US dollar. US PPI inflation spiked in July, leading to a flight towards dollar safety. The market has adjusted its expectations for multiple Federal Reserve rate cuts by the year’s end. On Thursday, GBP/USD pulled back due to increasing US inflation data, which […]
GBP/USD Forex Signal for 14/08: Additional Gains for the Pound (Chart)
Created on August 14th, 2025 Optimistic Outlook Buy the GBP/USD pair with a target at 1.3675. Set a stop loss at 1.3425. Expected timeframe: 1-2 days. Pessimistic Outlook Sell GBP/USD pairs targeting 1.3425. Place a stop loss at 1.3675. The GBP/USD pair gained momentum as investors focused on earlier highs, thanks in part to a […]
GBP/USD remains stable above 1.3550 as traders anticipate UK GDP and US PPI data.
GBP/USD remains steady near 1.3575 during Thursday’s Asian session. The UK’s unemployment rate has climbed to 4.7%, the highest in four years, amid economic downturn. Attention will be on the UK Q2 GDP report and the US PPI data for July later on Thursday. During the Asian trading hours on Thursday, the GBP/USD pair is […]
GBP/USD keeps rising as important economic data approaches
The GBP/USD gained traction on Wednesday as the US dollar continued to decline. Traders are adjusting their risk preferences with important data from the UK and the US on the horizon. Key figures on UK quarterly GDP and US PPI inflation are set to be released on Thursday. The GBP/USD continued to rise on Wednesday, […]
GBP/USD stabilizes near 1.3500 as chances of Fed rate cuts increase
GBP/USD may gain more support as recent US inflation figures bolster expectations for a Federal Reserve rate cut in September. The US Consumer Price Index increased by 2.7% year-on-year in July, slightly below the anticipated 2.8% rise. Latest employment statistics in the UK might allow Bank of England officials to adopt a “gradual and careful” […]
GBP/USD momentum slows down before a busy Tuesday schedule.
The GBP/USD experienced sideways movement on Monday as traders braced for a significant influx of data. Technical indicators faded, and price movements are now closely aligned with the main averages. Tuesday brings key UK labor statistics and US CPI inflation rates for cable traders to digest. The GBP/USD has been fluctuating around 1.3430, with traders […]
GBP/USD falls from two-week peak as markets look ahead to US inflation and UK employment figures
The GBP/USD exchange rate dipped on Monday after reaching a two-week high, influenced by a stronger US dollar ahead of anticipated inflation data on Tuesday. Last week, the Bank of England (BOE) lowered its rate by 25 basis points to 4.00%, marking the lowest level since March 2023, following a close 5-4 vote. The upcoming […]
Pound Sterling remains stable as GBP/USD retains gains after BoE’s cautious reduction
The GBP/USD is steady at 1.3437 as the dollar makes a slight recovery. The Bank of England (BoE) decreased the rate by 25 basis points in a close 5-4 vote, indicating a cautious stance. Market expectations suggest there’s an 87% chance of no changes in September. There are rumors that the Trump administration favors Gov. […]
GBP/USD rises as BoE makes a tough decision, US unemployment claims increase
The Bank of England has lowered interest rates to 4% with a narrow 5-4 vote, indicating a careful approach to easing. The BOE’s hawkish tone pushed GBP/USD above 1.3400 for the first time in a week. US unemployment has climbed to its highest level since 2021, contributing to dollar weakness. During the North American trading […]
GBP/USD continues to rise ahead of anticipated BoE rate cut
GBP/USD rose above 1.3350 on Wednesday as the pressure on the US dollar eased. The Bank of England is expected to announce its latest interest rate decisions soon, with a quarter-point cut widely anticipated. Upcoming tariff deadlines are set for August 8th, which is soon approaching. The GBP/USD pair experienced a significant boost on Wednesday, […]