GBP news

The GBP/USD pair is heading for its first weekly decline in four weeks as forex investors react to the rising coronavirus cases in the UK and the subsequent lockdown. It is trading at 1.3600, which is slightly lower than this week’s high of 1.3705.  GBP/USD 3-hour chart Fears…

The GBP/USD pair turned lower today after the relatively weaker construction PMI data from the UK and the fears of the rising Covid cases. It is trading at 1.3575, which is slightly below this month’s high of 1.3700. GBP/USD rally has waned UK construction PMI misses estimates The construction…

The GBP/USD pair ended the year at its highest level since April 2018 as the United Kingdom ended its decades-long membership of the European Union. The pair ended the week at 1.3771, 20% above its yearly low of 1.1420. GBP/USD ended 2020 at a multi-year high The UK leaves…

The GBP/USD has risen by more than 2.50% this year amid a global pandemic and intense negotiations between the European Union and the United Kingdom. The pair is trading at 1.3475, which is 17% higher than the year-to-date low of 1.1416. Brexit deal reached The UK and the…

The GBP/USD is rising as forex investors react to the high likelihood of a Brexit deal. The weaker US dollar has also contributed to this price action. The pair is trading at 1.3545, which is the highest it has been since December,18. GBP/USD in high spirits EU and…

The GBP/USD is down for the third consecutive day as uncertainty about the future of the UK remains. It is trading at 1.3420, which is relatively higher than yesterday’s low of 1.3190.  GBP/USD under pressure UK Q3 GDP data The UK economy bounced back in the third quarter as…

The GBP/USD crashed by more than 1.20% in early trading as forex investors reacted to the new lockdowns in the UK and the lack of any meaningful progress on Brexit. The pair is trading at 1.3352, which is substantially lower than last week’s high of 1.3625. GBP/USD 45-minute…

The GBP/USD pulled back in overnight trading as Brexit worries returned with the December 31st deadline fast approaching. The pair has dropped from the multi-year high of 1.3627 to 1.3530. GBP/USD, GBP/EUR, GBP/CHF Brexit worries return In a statement overnight, Sir David Frost, the chief UK negotiator said that…

The GBP/USD rose slightly after the Bank of England (BOE) delivered its final interest rate decision this year. This decision came a few hours after similar decisions by the Swiss National Bank (SNB) and the Federal Reserve. GBP/USD rose after the BOE decision British pound index BOE leaves…

The GBP/USD moved past a key resistance level as traders digested the mixed economic numbers from the UK ahead of the Fed decision. The pair is trading at 1.3530, which is the highest it has been since May 2018. British pound has been rallying UK business activity picks-up The…

The GBP/USD pair bounced back during the Asian session as the game of chicken between the European Union (EU) and the United Kingdom (UK) continued over the weekend. The pair is trading at 1.3332, which is higher than last week’s low of 1.3160. GBP/USD rises after Brexit extension deal…

The GBP/USD pair is wavering today after the overnight meeting between Boris Johnson and Ursula von der Leyen in Brussels. It is trading at 1.3367, which is 1.35% below the year-to-date high of 1.3540. GBP/USD 30-minute chart No progress on Brexit The highly-anticipated meeting between Johnson and Ursula ended…

The GBP/USD is pointing lower as the market continues to watch the ongoing Brexit crisis. The pair, which dropped by more than 1.30% yesterday, is trading at 1.3350. This price is slightly above yesterday’s low of 1.3227. GBP/USD bounces back Boris Johnson heads to Brussels The British pound was…

The GBP/USD has crashed by more than 1.30% today as the market reacts to the ongoing Brexit crisis. The pair is trading at 1.3260 and is on track for its worst day since September this year. GBP/USD slides as odds of no-deal Brexit rise Barnier pessimistic about Brexit In…

The GBP/USD is heading for the fifth consecutive weeks of straight gains as traders remain optimistic that the United Kingdom and European Union will reach a Brexit deal. Further, the recent decision by the UK to approve a vaccine and the relatively weaker US dollar have boosted sentiment on…

The GBP/USD is on track for the second straight month of gains as investors brace for a potential Brexit deal. The pair has risen by more than 3% this month, the best-performance since July this year. GBP/USD has risen by more than 3% this month Brexit deal progress The…

The British pound is heading for the fourth consecutive week of solid gains against the dollar. The GBP/USD has gained almost 1% this week even as the outlook of the UK economy remains grim. GBP/USD heads for a weekly gain Brexit optimism A likely reason for the strength of…

The British pound is holding steady ahead of the UK spending review by Rishi Sunak. The GBP/USD is trading at 1.3357, which is close to the highest point in September. GBP/USD has been on an upward trend UK spending review Rishi Sunak, the Chancellor of the Exchequer will deliver…

The British pound is heading for the third consecutive weekly gains after the latest UK retail sales numbers and the latest news on Brexit. The GBP/USD pair is trading at 1.3262, which is 4.65% higher than the September low of 1.2674. GBP/USD recent trends UK retail sales eased in…

The GBP/USD price is up slightly today as the market digests the latest UK inflation data. It is trading at 1.3255, which is 1.15% higher than last week’s low of 1.3110. GBP/USD rises after better UK CPI data UK October inflation better than estimates Consumer prices in the United…

The British pound is wavering today ahead of important Brexit meetings in Brussels and important inflation and retail sales numbers scheduled for later this week. The GBP/USD is trading at 1.3200 while the EUR/GBP is at 0.8975. GBP/USD hourly chart Brexit talks ahead The UK and the European…

The GBP/USD is falling as traders react to the weak third-quarter GDP data from the United Kingdom (UK). It is trading at 1.3215, which is below yesterday’s high of 1.3315. UK Q3 GDP data The UK economy suffered a disappointing contraction in the second-quarter of this year as the…