Pound Sterling Price News and Forecast: GBP/USD recovers balance post-US Retail Sales

FXStreet Team FXStreet

GBP/USD recovers balance post-US Retail Sales

GBP/USD recovered back into the high side on Thursday after a bullish tilt in UK data prints coupled with better-than-expected US Retail Sales figures helped to improve overall market sentiment and keep the Greenback pinned on the low side. Read More...

Pound Sterling cools down on upbeat US Retail Sales and lower jobless claims

The Pound Sterling (GBP) gives up the majority of its intraday gains against the US Dollar (USD) in Thursday’s North American trading hours. The GBP/USD pair surrenders its entire intraday gains and drops to near the round-level support of 1.2800. The Cable faces selling pressure after the release of the strong United States (US) monthly Retail Sales data for July and lower Initial Jobless Claims for the week ending August 9. Read More...

GBP/USD edges higher amid subdued USD demand, remains below mid-1.2700s ahead of UK GDP

The GBP/USD pair attracts some dip-buying during the Asian session on Thursday and reverses a part of the previous day's post-US CPI retracement slide from the vicinity of the monthly peak. Spot prices currently trade around the 1.2735-1.2740 region, up less than 0.10% for the day as traders now look to the release of the preliminary UK Q3 GDP print for a fresh impetus. Read More...

Author

FXStreet Team

FXStreet

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

Editor's Picks

EUR/USD gathers recovery momentum, trades near 1.1750

Following the correction seen in the second half of the previous week, EUR/USD gathers bullish momentum and trades in positive territory near 1.1750. The US Dollar (USD) struggles to attract buyers and supports the pair as investors await Tuesday's GDP data ahead of the Christmas holiday.

GBP/USD rises toward 1.3450 on renewed USD weakness

GBP/USD turns north on Monday and avances to the 1.3450 region. The US Dollar (USD) stays on the back foot to begin the new week as investors adjust their positions before tomorrow's third-quarter growth data, helping the pair stretch higher.

Gold not done with record highs

Gold extends its rally in the American session on Monday and trades at a new all-time-high above $4,420, gaining nearly 2% on a daily basis. The potential for a re-escalation of the tensions in the Middle East on news of Israel planning to attack Iran allows Gold to capitalize on safe-haven flows.

Top 10 crypto predictions for 2026: Institutional demand and big banks could lift Bitcoin

Bitcoin could hit record highs in 2026, according to Grayscale and top crypto asset managers. Institutional demand and digital-asset treasury companies set to catalyze gains in Bitcoin.

Ten questions that matter going into 2026

2026 may be less about a neat “base case” and more about a regime shift—the market can reprice what matters most (growth, inflation, fiscal, geopolitics, concentration). The biggest trap is false comfort: the same trades can look defensive… right up until they become crowded.

XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.