Pound Sterling Price News and Forecast: GBP/USD rises as Fed rate cut bets grow, US shutdown risks loom

FXStreet Team FXStreet

GBP/USD rises as Fed rate cut bets grow, US shutdown risks loom

The GBP/USD pair advances on Monday as the US Dollar (USD) trims some of last week’s gains as a busy economic docket in the US approaches. The pair trades at 1.3430, up 0.24%. Read More...

Pound Sterling outperforms US Dollar amid US government shutdown risks

The Pound Sterling (GBP) extends its upside to near 1.3450 against the US Dollar (USD) during the European trading session on Monday. The GBP/USD pair strengthens as the US Dollar slides further, with investors remaining cautious as the deadline of the United States (US) government shutdown approaches. Read More...

GBP/USD Price Forecast: Rises to near 1.3450, eyes nine-day EMA barrier

GBP/USD gains ground for the second consecutive session, trading around 1.3440 during the Asian hours on Monday. The short-term price momentum is weaker as the daily chart’s technical analysis shows that the pair remains below the nine-day Exponential Moving Average (EMA). Read More...

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FXStreet

EUR/USD seems fragile below 1.1700 as Middle East war boosts energy prices

The EUR/USD pair trades flat at around 1.1680 during the Asian trading session on Tuesday, but broadly seems vulnerable, being close to its five-week low. The major currency pair is under pressure as surging oil prices due to the United States-Israel war with Iran have increased the risks of higher inflation for the Old Continent.

GBP/USD hovers around 1.3400 with bearish pressure intact

GBP/USD edges higher after three days of losses, trading around 1.3400 during the Asian hours on Tuesday. The technical analysis of the daily chart indicates an ongoing bearish bias, as the pair trades within a descending channel pattern.

Gold stays bullish as Iran war continues to spur safe-haven flows

Gold is finding renewed bids in Asian trades on Tuesday, making another attempt to regain the $5,400 level amid persistent demand for safe-haven assets as the Iran war extends. A softer risk tone remains in play as US President Donald Trump continues to threaten deeper escalation to the ongoing war with Iran, warning that a “big wave” is yet to come.

Top Crypto Gainers: Near Protocol, Virtuals Protocol, and Morpho lead market recovery

Near Protocol, Virtuals Protocol, and Morpho are leading the market recovery with double-digit gains over the last 24 hours. Technically, NEAR extends the breakout of the falling channel pattern, VIRTUAL holds above the 50-day EMA, while MORPHO tests a crucial resistance.

The market is not panicking it is repricing the probability distribution of Oil and time

At the end of the day, markets do not trade morality or geopolitics. They trade transmission channels. And the only channel that truly matters in this maelstrom runs through the price of energy and the time value of money.

Grass 20% bullish breakout defies broader market weakness

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