#Pound Sterling
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Pound Sterling Holds Near 3-Month Low as Dollar Strength Caps GBP/USD
Pound Sterling hovered near 1.3228 after touching a three-month low, as broad dollar strength and rising UK gilt yields kept…
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GBP/USD Pressured as UK Debt Interest Hits Record £8.8 Billion
GBP/USD remained under pressure near 1.336 after UK borrowing data and a widening U.S. rate advantage weighed on sterling. Traders…
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GBP/USD Falls Below 1.3500 as Gilt Yields Hit 19-Year High
Sterling slipped to 1.3470 as a stronger dollar, rising Treasury yields and elevated UK borrowing costs pressured GBP/USD ahead of…
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GBP/USD Pulls Back to 1.3605 as 4.99% Gilt Yields Test Sterling Rally
GBP/USD slipped to 1.3605 after failing again near 1.3660, even as sterling remains close to a six-month high. Investors are…
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GBP/USD Fails at 1.3500 Despite UK GDP Surprise and Hawkish BoE Signals
GBP/USD slipped back below 1.3500 after stronger-than-expected UK June GDP failed to shift Bank of England rate expectations. The price…
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GBP/USD Near 1.3550 as Gilt Yields Top 5% and US CPI Looms
Sterling is testing the upper end of its recent range near 1.3550 as UK 10-year gilt yields rise above 5%…
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GBP/USD Stalls Near 1.34 as Bank of England Split Clouds Sterling Outlook
GBP/USD remains pinned below 1.35 even as the dollar weakens, highlighting growing pressure on sterling. Investors are now focused on…
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GBP/USD Holds Near $1.3374 as UK Inflation Slows Before Fed and BoE Decisions
Sterling eased after UK inflation cooled to 2.6% in June, but GBP/USD remained trapped in its recent range near $1.3374.…
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GBP/USD Tests 1.3400 After Weak US Payrolls Lift Sterling
Sterling climbed to about $1.3350 after a weak June US payrolls report pressured the dollar, but GBP/USD remains capped below…
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GBP/USD Near 1.342 as Fed, UK CPI and BoE Test Sterling in 48 Hours
GBP/USD is hovering near 1.342 as three major catalysts collide: the Federal Reserve decision, UK May CPI and the Bank…