|

Pound Sterling Price News and Forecast: GBP/USD climbs above 1.3500 as solid US data caps US Dollar

GBP/USD climbs above 1.3500 as solid US data caps US Dollar

GBP/USD rises during the North American session after economic data released in the United States (US) showed that the economy remains solid, suggesting it may not warrant an interest rate cut. At the time of writing, the pair trades at 1.3524, up 0.19%. Read More...

GBPUSD

GBP/USD retreats towards 1.3500 as US GDP growth outpaces expectations

The British Pound (GBP) eases against the US Dollar (USD) on Thursday, trimming all of its earlier gains after climbing to a session high of 1.3526. At the time of writing, GBP/USD is trading near the 1.3500 psychological level, with subdued price action reflecting investor caution following a series of mixed US economic data releases. Read More...

Pound Sterling rises against US Dollar as Fed Willians signals potential rate cuts

The Pound Sterling (GBP) extends its winning streak for the third trading day against the US Dollar (USD) on Thursday. The GBP/USD pair rises to near 1.3520 as the US Dollar declines, following dovish comments on interest rates from New York Federal Reserve (Fed) Bank President John Williams on Wednesday. Read More...

Author

More from FXStreet Team
Share:

Editor's Picks

EUR/USD climbs to daily highs near 1.1820

EUR/USD now picks up pace and advances to the area of daily peaks north of the 1.1800 barrier at the end of the week. The pair’s decent move higher comes against the backdrop of a generalised lack of direction in the FX galaxy and the mild offered stance in the US Dollar.

GBP/USD trims losses, retests 1.3460

After briefly challenging its key 200-day SMA near 1.3440, GBP/USD now manages to regain some balance and revisit the 1.3460 zone on Friday. Cable’s pullback comes as the selling pressure on the Greenback gathers traction, reigniting some recovery in the risk-linked space.

Gold flirts with four-week highs past $5,200

Gold extends its rebound, climbing for a third consecutive session and pushing back above the $5,200 mark per troy ounce on Friday. The move higher continues to draw support from lingering geopolitical tensions and the ongoing uncertainty surrounding US trade policy, both of which are keeping safe-haven demand firmly in play.

Bitcoin, Ethereum and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary. 

Changing the game: International implications of recent tariff developments

The Supreme Court ruling on International Emergency Economic Powers Act (IEEPA) tariffs provides limited relief for the rest of the world, with weighted average tariff rates modestly lower.

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.