Pound Sterling Price News and Forecast: GBP/USD refreshes three-week low against US Dollar

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Pound Sterling refreshes three-week low against US Dollar ahead of US-UK CPI data

The Pound Sterling (GBP) slides to near 1.3450 against the US Dollar (USD) during the European trading session on Monday, the lowest level in three weeks. The GBP/USD pair declines as demand for risk-perceived assets has diminished, following a jittery market mood amid trade tensions between the United States (US) and the European Union (EU).

Over the weekend, US President Donald Trump announced 30% tariffs on imports on the EU and Mexico as they failed to close a trade agreement during the 90-day reciprocal tariff pause period. Trump also warned that he will raise tariffs if they retaliate or announce countermeasures. Read more...

GBP/USD Weekly Outlook: Pound Sterling looks vulnerable as inflation and trade tensions loom

The Pound Sterling (GBP) entered a consolidative phase against the US Dollar (USD), following the recent GBP/USD correction from near four-year highs of 1.3789.

Despite the corrective consolidation, GBP/USD sellers held the upper hand amid a steady recovery staged by the US Dollar from multi-year troughs. The Greenback attracted safe-haven flows as trade war fears resurfaced, following US President Donald Trump’s announcements of new tariffs throughout the week. Read more...

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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.

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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.

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