GBP

The British economy expanded in August, an improvement that is unlikely to change sentiment about the Labour Party's economic stewardship.   GDP grew by 0.2% in August after flatlining in June and July, the Office for National Statistics (ONS) said. Economists polled by Reuters had...

By RoboForex Analytical Department The British pound sterling continues to decline steadily against the US dollar. The GBP/USD pair is trending towards 1.2848. On the one hand, the pressure from the USD rate is evident. On the other hand, investors are awaiting the outcome of today's Bank of...

By RoboForex Analytical Department GBP/USD pair is down to 1.2892 on Thursday. Selling intensified on the 18th of July. Since then, GBP has remained under pressure, although it is making attempts to stabilise. Statistics released earlier showed that UK private sector activity improved in July. PMI...

By RoboForex Analytical Department The GBP/USD pair is balancing around 1.2709 on Thursday, after the British pound rose in price against the US dollar for three consecutive days and finally paused. The Bank of England will convene for its regular meeting today, at which the regulator will review...

By RoboForex Analytical Department The GBP/USD pair is currently consolidating, hovering around the 1.2631 mark. This consolidation phase follows recent reports highlighting a slowdown in the expansion plans of British businesses for workforce and wage growth, raising concerns about future economic...

The GBP/JPY pair finds itself at a critical juncture as the British Pound has experienced a slight pullback against the Japanese Yen in recent weeks. Although there have been attempts to push higher, the price action is signaling a potential topping pattern, noticeable between June 27th and July...

The United Kingdom Prime Minister Liz Truss has dropped a plan to reduce taxes for the highest earners, giving some much-needed respite for the battered pound. The move comes just 10 days after the plan was announced, in the wake of a rebellion from members of Parliament in her own Conservative...

GBP/USD had an inconclusive end to last week. Daily price action looked indecisive as the pair came under strong selling pressure in the 1.3560 to 1.3640 zone. GBP/USD opened the week at 1.35340, then early on edged to a low of 1.34906, then floundered, with the pair eventually hitting a high of 1....

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. GBP/USD Current price: 1.3670 The US Federal Reserve and the Bank of England will make announcements this week. UK public inflation...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. AUD/USD Current Price: 0.7236 RBA Meeting Minutes taking centre stage in a risk-averse environment. Gold managed to change course and...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. GBP/USD Current price: 1.3836 The UK will publish Industrial Production and growth-related data on Friday. Weakening US government bond...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. GBP/USD Current price: 1.3777 Minimum conditions for a rate rise have been met, according to BOE’s Governor Bailey. The UK reported...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. GBP/USD Current price: 1.3785 BOE´s Saunders considers rates could go up next year. Soaring US Treasury yields pushed the greenback...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. GBP/USD Current price: 1.3757 UK money-related figures missed expectations, limiting GBP’s advance. Profit-taking pushed the pair...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. GBP/USD Current price: 1.3760 A scarce UK macroeconomic calendar keeps GBP/USD range bound. Brexit jitters and the coronavirus Delta...