Pound Sterling Price News and Forecast: GBP/USD gains as Lebanon truce drama hits the US Dollar

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British Pound gains as Lebanon truce drama hits the US Dollar

The Pound Sterling (GBP) registers gains of over 0.16% on Thursday amid news that Israel and Lebanon agreed on a ceasefire, but headlines that Hezbollah rejected the plan triggered a retracement on Cable. The GBP/USD pair trades at 1.3439 after bouncing off daily highs of 1.3462. Read More...

British Pound edges higher vs softer USD; lacks bullish conviction as Iran risks persist

The GBP/USD pair attracts some dip-buyers following the previous day's slide back closer to the weekly low and trades above the 1.3400 mark during the Asian session on Thursday. The uptick is sponsored by a softer US Dollar (USD), though the upside potential seems limited amid persistent geopolitical uncertainties. Read More...

British Pound buckles as Hormuz attacks spark US Dollar rush

The Pound Sterling (GBP) drops by 0.28% during the North American session on Wednesday as the US and Iran exchange attacks, while data in the US showed that the labor market remains solid and that business activity expanded but is slowing. At the time of writing, the GBP/USD pair trades at 1.3426 after reaching a daily high of 1.3471. Read More...

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GBP/USD tumbles to three-day lows around 1.3420

GBP/USD comes under extra selling pressure and revisits the area of multi-day lows near 1.3420 in quite a bearish start to the week. Cable’s decline comes amid the firmer Greenback as investors continue to assess developments in the US-Iran conflict. Moving forward, attention will turn to the UK employment report on Tuesday.

EUR/USD meets some initial contention around 1.1400

EUR/USD keeps the bearish bias well in place, slipping back toward the 1.1400 region, where some initial support appears to have turned up. The auspicious start to the week of the US Dollar has kept the risk complex under pressure as investors has continued to closely follow developments from the Middle East conflict. The release of the ZEW Economic Sentiment in the Euroland and Germany are next on tap on the domestic calendar.

Gold stuck just above $4,000

Gold reverses Friday’s uptick, gyrating around the key $4,000 mark per troy ounce at the beginning of the week. Escalating military action in the Middle East provides some support to the safe-haven metal, although expectations of higher US interest rates bolster the US Dollar and keeps its under the microscope.

Ethereum Price Forecast: BitMine slows ETH accumulation in favor of share buybacks

Ethereum (ETH) is hovering near $1,900 following a drop in accumulation by BitMine Immersion Technologies (BMNR) in favor of $85 million worth of share buybacks and continued recovery in ETH exchange-traded funds (ETFs). Ethereum treasury firm BitMine scooped up 7,430 ETH last week, marking its lowest weekly acquisition since pivoting to a crypto treasury model.

Here's where the Canadian Dollar is headed next: 4 bearish scenarios and a bullish one

The Canadian Dollar (CAD) has ridden a volatile first half of the year, with Oil prices surging and then falling as markets danced to the Middle East’s tune. Neither the Bank of Canada nor the Federal Reserve has changed rates so far this year, and the USD/CAD's next move may depend on which of the two banks fails to deliver what markets expect.

US Dollar mid-year outlook: Exceptional currency, exceptional risks?

The US Dollar enters the second half of 2026 in a markedly different position from a year ago. The King currency has recovered, reflecting persistent US inflation, changing expectations for Fed policy, geopolitical tensions and renewed demand for defensive assets.