GBP/USD — News Archive


Pound Falls Despite Upbeat UK GDP as US Treasury Yields Soar Lifting DXY

The Sterling pound fell against the resurgent dollar fueled by the surging US Treasury yields that boosted the greenback against most of its peers amid a risk-off environment. The GBP/USD currency pair fell despite the UK’s economic recovery in January, as tracked by the GDP rising above analysts expectations.

Bears to Send GBP/USD to 1.3619?

The Great Britain pound versus the United States dollar currency pair seems to have been taken by surprise, as the bears are pressuring it.

Pound Falls Against the Dollar on Dovish BoE, Upbeat US Non-Farm Payrolls

The Sterling pound fell against the dollar, extending a 3-day decline driven by the greenback’s rally during the same period and the dovish investor sentiment. The GBP/USD currency pair fell further after the release of upbeat US jobs data that boosted the greenback at the pound’s expense as investors wait for US stimulus.

Bulls to Attempt Recovery on GBP/USD After 1.4239 Peak?

The Great Britain pound versus the US dollar currency pair seems to be under bearish pressure but could the bulls thrive in the attempt to rotate the price?

Pound Falls Against Dollar for Second Session on Dovish BoE Speeches

The Sterling pound fell against the resurgent dollar on February’s last trading day as institutional money managers rebalanced their portfolios to close the month. The GBP/USD currency pair fell for the second consecutive day as the dollar surged higher amid concerns that too much stimulus could be bad for the British economy.

Pound Rallies on Upbeat UK Jobless Claims Data, Later Heads Lower

The Sterling pound rallied to new 34-month highs against the dollar boosted by the British government’s 4-step reopening plan, which could boost the UK’s economic recovery. The GBP/USD currency pair was also boosted by the drop in the UK unemployment numbers recorded in January. The number of jobless claims fell, indicating that the economy was doing good.

Bulls Eye the 1.4122 Area on GBP/USD

The Great Britain pound versus the United States dollar currency pair seems to be from the 1.3854 level. Will the bears be able to defend it from the ferocious bulls?

Pound Rallies Despite Weak UK Retail Sales as COVID-19 Infection Rate Falls

The Sterling pound rallied to new highs despite the disappointing UK retail sales data released earlier today that almost derailed its rise, but the bulls prevailed. The GBP/USD currency pair rallied to new 34-month highs driven by the declining UK coronavirus infection rates and optimism about the country’s reopening.

Sterling Falls Despite Upbeat UK Inflation As Dollar Rallies on Stimulus Hopes

The Sterling pound fell against the dollar despite the release of upbeat UK inflation data as the greenback remained supported by the rising US Treasury yields. The GBP/USD currency pair fell from fresh 34-month highs hit yesterday as the dollar continued to benefit from the $1.9 trillion US stimulus package’s broad expectations.

GBP/USD on Its Way to 1.4122

The Great Britain pound versus the United States dollar currency pair seems to be in a phase in which the momentum thrives. Until where will it last?