Pound Sterling Price News and Forecast: GBP/USD asteadily climbs above mid-1.3200s amid a softer USD

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Pound Sterling slumps against US Dollar as traders pare Fed dovish bets

The Pound Sterling (GBP) slides to near 1.3200 against the US Dollar (USD) during the European trading session on Thursday, extending its losing streak for the sixth trading day. The GBP/USD pair faces selling pressure as the US Dollar trades firmly, with the US Dollar Index (DXY), holding onto gains near a fresh two-month high around 100.00 posted on Wednesday. Read more...

GBP/USD steadily climbs above mid-1.3200s amid a softer USD; bulls lack conviction

The GBP/USD pair attracts some buyers during the Asian session on Thursday and reverses a part of the previous day's decline to the lowest level since May 13. Spot prices currently trade just above mid-1.3200s, though the fundamental backdrop warrants some caution before positioning for any meaningful recovery. Read more...

GBP/USD: Any decline is likely part of a lower range of 1.3210/1.3310 – UOB Group

There is room for Pound Sterling (GBP) to weaken further; any decline is likely part of a lower range of 1.3210/1.3310. In the longer run, strong downward momentum continues to suggest GBP weakness; the next level to monitor is May’s low of 1.3140, UOB Group's FX analysts Quek Ser Leang and Peter Chia note. Read more...

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GBP/USD advaces beyond 1.3450 after BoE decision, US Q2 GDP

GBP/USD gains positive momentum on Thursday, surpassing 1.3450 and trading at fresh multi-week highs. The Bank of England decided to maintain the benchmark rate unchanged at 3.75%. The MPC voted 6-3 to keep rates on hold, with the 3 dissenters favoring a rate hike. US Q2 GDP missing expectations helped the pair advance, while renewed US Dollar weakness across the FX board pushed the pair further up ahead of the monthly close.

EUR/USD confortable around 1.1530, highest in six weeks

The EUR/USD pair trades around 1.1530 in the American session on Thursday, reaching fresh six-week highs. The US Dollar is in sell-off mode, with multiple factors weighing on the American currency. Not only did the Federal Reserve vote divided to keep rates on hold on Wednesday, creating doubts about a September hike, but US Q2 GDP missed expectations. A suspected JPY intervention adds pressure on the Greenback.

Gold sellers keep lurking above $4,100 as USD rebounds

Gold struggles to capitalize on its gains registered over the past two days and trades with a mild negative bias just below $4,100 in the Asian session on Friday. The US Dollar recovers slightly from its lowest level since June 17 amid a further escalation of US-Iran tensions, acting as a headwind for the bullion.

Why is IDR near historic lows despite Bank Indonesia's 5.75% rate?

The Indonesian Rupiah has faced persistent depreciation pressures against the US Dollar during the first half of 2026, with the USD/IDR pair stabilizing around the 18,100–18,200 range at the time of writing after reaching a record high at 18,247 on June 8, marking the Rupiah's weakest level on record against the Greenback.

9-3: Is the Federal Reserve’s vote tally Warsh's new forward guidance?

The rate did not move. Neither did the statement, and that’s the more interesting fact. Set the July 29 Federal Open Market Committee (FOMC) statement beside the one issued on June 17, and the two documents are identical apart from a single verb and a paragraph at the bottom naming three dissenters.