- GBP/USD retreats from 2024-high set on Wednesday, trades below 1.3000.
- The near-term technical outlook points to a loss of bullish momentum.
- Weekly Initial Jobless Claims data will be featured in the US economic docket.
Discover the latest insights on GBP/USD as it retreats from its 2024-high and trades below 1.3000. Our expert analysis reveals a potential loss of bullish momentum in the near term. Stay ahead of the game with key data points like the Weekly Initial Jobless Claims in the US economic docket.
British Pound PRICE This week
Get the latest updates on the British Pound’s performance this week. See how it fares against major currencies and stay informed on potential trading opportunities.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.19% | -0.01% | -1.08% | 0.22% | 0.73% | 0.64% | -1.14% | |
| EUR | 0.19% | 0.23% | -0.70% | 0.60% | 0.95% | 1.03% | -0.76% | |
| GBP | 0.00% | -0.23% | -0.83% | 0.38% | 0.73% | 0.76% | -0.97% | |
| JPY | 1.08% | 0.70% | 0.83% | 1.30% | 1.60% | 1.70% | -0.24% | |
| CAD | -0.22% | -0.60% | -0.38% | -1.30% | 0.44% | 0.43% | -1.36% | |
| AUD | -0.73% | -0.95% | -0.73% | -1.60% | -0.44% | 0.07% | -1.69% | |
| NZD | -0.64% | -1.03% | -0.76% | -1.70% | -0.43% | -0.07% | -1.78% | |
| CHF | 1.14% | 0.76% | 0.97% | 0.24% | 1.36% | 1.69% | 1.78% |
Stay informed with our heat map displaying percentage changes of major currencies against each other. Understand the performance of the British Pound against key currencies for strategic investment decisions.
Unlock the potential of Pound Sterling with our in-depth analysis. Learn how recent UK data impacts GBP/USD as it reacts to economic indicators. Stay ahead of market movements and make smart investment decisions.
Get ready for the US Department of Labor’s release of the weekly Initial Jobless Claims data. Explore the potential impact of this key economic indicator on market sentiment and GBP/USD movement.
Stay informed on the latest developments in the US labor market and Federal Reserve (Fed) rate cut expectations. Understand the implications for your investment strategy and be prepared for market volatility.
Gain valuable insights from Fed policymakers’ comments before the blackout period. Stay ahead of market trends and make informed decisions based on expert analysis and market intelligence.
GBP/USD Technical Analysis
Discover key technical levels for GBP/USD trading. From support and resistance levels to RSI indicators, our analysis provides a comprehensive view of potential price movements. Make informed trading decisions based on expert technical analysis.
Understand key support and resistance levels for GBP/USD trading. From Fibonacci retracement levels to psychological levels, our analysis highlights potential price targets for strategic trading decisions. Stay ahead of market movements with our expert technical analysis.
Pound Sterling FAQs
Learn more about the Pound Sterling (GBP) and its significance in the global economy. From its history to key trading pairs, understand the fundamentals of the GBP and its impact on financial markets.
Explore how monetary policy decisions by the Bank of England influence the value of the Pound Sterling. From interest rate adjustments to inflation targets, understand the key factors driving GBP movements in the forex market.
Discover how economic data releases impact the value of the Pound Sterling. From GDP to employment indicators, learn how economic health affects GBP performance in the forex market. Stay informed on key data points for strategic trading decisions.
Understand the significance of the Trade Balance on the Pound Sterling. Explore how trade dynamics influence GBP value and learn how to interpret trade balance data for strategic trading decisions in the forex market.
Make informed investment decisions with our expert analysis on Pound Sterling. Understand the key factors driving GBP/USD movements and stay ahead of market trends. Whether you’re a seasoned investor or new to forex trading, our insights will help you navigate the financial markets with confidence. Stay informed, stay ahead, and maximize your investment potential with our comprehensive market analysis.