Pound Sterling Price News and Forecast: GBP/USD rises on weak US Dollar, eyes 1.3100

FXStreet Team FXStreet

GBP/USD Price Forecast: Rises on weak US Dollar, eyes 1.3100

The GBP/USD advanced steadily for the fifth straight day and is eyeing the 1.3100 figure after data from the US Bureau of Labor Statistics (BLS) revealed that the US economy added 800K fewer Americans to the workforce. At the time of writing, the pair trades at 1.308 and gains 0.42%. Read More...

Pound Sterling gains further ahead of Fed minutes

The Pound Sterling (GBP) holds onto gains above the psychological support of 1.3000 against the US Dollar (USD) in Wednesday’s New York session. The GBP/USD pair posted on Tuesday fresh year-to-date highs above 1.3050 amid sheer weakness in the US Dollar. Read More...

GBP/USD Price Forecast: Holds position above 1.3000 with testing yearly highs

GBP/USD halts its four-day winning streak, trading around 1.3020 during Wednesday’s Asian session. The daily chart analysis shows the pair is trending upwards within an ascending channel pattern, suggesting a bullish bias. 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.

Gold flirts with four-week highs past $5,200

Gold extends its rebound, climbing for a third consecutive session and pushing back above the $5,200 mark per troy ounce on Friday. The move higher continues to draw support from lingering geopolitical tensions and the ongoing uncertainty surrounding US trade policy, both of which are keeping safe-haven demand firmly in play.

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.

Breaking: US and Israel attack Iran, risk aversion to sweep global markets

Early Saturday, United States (US) President Donald Trump announced that the US had begun “major combat operations” in Iran, following Israel’s pre-emptive missile attacks against Tehran.

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.