Pound Sterling Price News and Forecast: GBP/USD pressured, 1.2500 in sight

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GBP/USD Price Forecast: Pound pressured, 1.2500 in sight

The British Pound resumed its slide against its American rival in the American session on Monday, as the US Dollar (USD) found near-term demand in a risk-averse environment. The GBP/USD pair fell to an intraday low of 1.2473 following the release of mixed United Kingdom (UK) data. Read More...

Pound Sterling slumps against USD as Fed guides less number of rate cuts in 2025

The Pound Sterling (GBP) declines to near the psychological support of 1.2500 against the US Dollar (USD) in Monday’s North American session. The GBP/USD pair falls sharply as the US Dollar rebounds strongly on Monday after a sharp downside move on Friday. The US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, recovers to near 108.10. Read More...

GBP/USD consolidates in a range around 1.2570 area; upside potential seems limited

The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow trading range above mid-1.2500s during the Asian session. Moreover, the fundamental backdrop warrants caution before positioning for an extension of Friday's bounce from the 1.2475 area, or the lowest level since May. Read More...

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EUR/USD edges lower below 1.1650 as Middle East tensions fuel US Dollar strength

The EUR/USD pair trades in negative territory around 1.1635 during the early Asian session on Thursday. The US Dollar strengthens against the Euro as escalating Middle East conflict boosts safe-haven flows. Traders brace for the Eurozone Retail Sales and US weekly Initial Jobless Claims reports, which will be released later on Thursday.

GBP/USD tests key moving averages as growth downgrade weighs

GBP/USD was nearly flat on Wednesday, edging up 0.08% to settle around 1.3370 in a quiet session. The pair has fallen sharply from its late-January high near 1.3870 and is now testing the 200-day Exponential Moving Average, with this week's one-week forex heatmap showing Pound Sterling as one of the worst performers against the US Dollar, down about 1.4% on the week.