The Pound Sterling (GBP) continues its upward trend, reaching near 1.3150 against the US Dollar (USD) as traders increase bets on a 50 bps interest rate cut by the Federal
GBP/USD continues its upward momentum for the second consecutive day, bouncing back from a three-week low to reach the mid-1.3100s during the Asian session. The surge in price is fueled
As the Greenback weakened on Thursday, GBP/USD surged back above the 1.3100 level following a mid-week dip below 1.3000. The US Producer Price Index (PPI) inflation figures, although in line
The Pound Sterling has shown resilience against the US Dollar, bouncing back from a daily low of 1.3031. Momentum is turning bullish as the Relative Strength Index (RSI) points upward,
August’s RICS House Price Balance data exceeded expectations, strengthening to +1% compared to July’s –18%. Scotiabank’s Chief FX Strategist Shaun Osborne notes that this is the strongest data in close
GBP/USD has stabilized near 1.3050 in the European session on Thursday, maintaining its position after a modest rebound from its lowest level since August 20. Despite the slight recovery, the
As the world's leading investment manager and financial market journalist, I bring you the latest insights into the Pound Sterling's performance against the US Dollar. Despite a slight uptick, the
GBP/USD Dips Below 1.3050 as US CPI Data Sparks Market Uncertainty The GBP/USD pair faced another day of losses, dropping below the key level of 1.3050 as investors reacted to
The GBP/USD pair dropped below the 20-day moving average (DMA) as sellers gained near-term control, with the Relative Strength Index (RSI) approaching a critical level. Key support levels lie at
Title: "US Inflation Data Leads to USD Strength and GBP Weakness - What Investors Need to Know" GBP/USD falls after the release of US CPI data showing mixed results, leading