Pound Sterling Price News and Forecast: GBP/USD drops as geopolitical risk premium revives USD

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British Pound drops as geopolitical risk premium revives USD

The Pound Sterling loses some ground against the US Dollar, down by 0.48%, as risk appetite in the foreign exchange markets deteriorates, with the Greenback reclaiming key technical levels in the US Dollar Index (DXY) amid the escalation of the US-Iran conflict. The GBP/USD trades at 1.3371, after reaching a daily high of 1.3455. Read More...

British Pound extends losses nearing 1.3400 as markets await Burnham’s policies

The British Pound (GBP) is one of the weakest performers among major currencies, extending its reversal against the US Dollar for the fourth consecutive week. The GBP/USD pair is drifting closer to the 1.3400 level heading into the US trading session on Tuesday, as investors ponder UK Prime Minister Burnham's promises and the profiles of his cabinet's members. Read More...

British Pound attracts bids after UK employment data release

The British Pound (GBP) snaps a three-day losing streak against the Japanese Yen (JPY), rebounding to near 218.55 during the European trading session on Tuesday. The cross attracts bids after the release of the United Kingdom (UK) labor market data for the three months ending May. Read More...

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AUD/USD consolidates above 0.7000; remains close to monthly top

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Gold treads water around $4,000

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Crypto Today: Bitcoin holds the 50-day EMA as Ethereum and XRP face structural resistance

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What November 3 means for the Fed's rate path and the US Dollar

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