Browsing: GBP/USD
GBP/USD trades near 1.3480 below the 50-day EMA at 1.3492 as the US Dollar Index rises 0.5% to 99.35. Markets await US CPI and UK GDP data for direction.
GBP/USD trades near 1.3510 as UK unemployment rises to 5.2% and wage growth slows to 4.2%. Fed and BoE rate cut bets drive currency markets.
UK employment data at 07:00 GMT could move GBP/USD near 1.3610 as markets price in a 50bps BoE rate cut and watch key US economic data.
GBP/USD slides to 1.3685 amid UK political turmoil and BoE rate cut speculation; support near 1.3600 key for potential oversold bounce.
Pound struggles near 1.3560 after sliding from 1.3870, with key support at 1.3548 and traders focused on the Bank of England’s rate decision.
GBP/USD trades near 1.3450 as UK jobs rise by 82K and investors await CPI and GDP data for BoE policy clues, while the dollar softens on Fed outlook.
GBP/USD dips below 1.3450 as U.S. dollar demand firms ahead of retail sales and PPI data, with Fed and BoE rate expectations shaping near-term direction.
GBP/USD trades below 1.3450 as geopolitical risks boost the dollar and markets price a 90% chance of a Fed rate cut, while BoE easing expectations weigh on sterling.
GBP/USD trades near 1.3400 after a key technical breakout as markets price a 90% chance of a Fed rate cut and rising odds of BoE easing later this year.
The UK labor report at 07:00 GMT could move GBP/USD as markets weigh jobs data, a 90% Fed cut probability, and shifting BoE rate expectations.
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