Pound Sterling Price News and Forecast: GBP/USD slides as hawkish Fed overshadows BoE hold

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British Pound slides as hawkish Fed overshadows BoE hold

The Pound Sterling (GBP) drops on Thursday during the North American session as traders continue to digest the Federal Reserve's (Fed) hawkish tilt, even though the Bank of England (BoE) held rates unchanged in a 7-2 vote. The GBP/USD pair trades at 1.3234, down 0.39% and at its lowest level since April 7. Read More...

British Pound hits fresh two-month lows sub-1.3220 as BoE stands pat on rates

The British Pound (GBP) remains on the defensive against the US Dollar (USD) on Thursday, with the GBP/USD pair hitting fresh two-month lows near 1.3200, following the Bank of England’s (BoE) decision to leave interest rates unchanged. Read More...

British Pound remains on the defensive as investors await BoE’s decision

The British Pound (GBP) trims losses against the US Dollar (USD) on Thursday, but remains near the two-month low hit on Wednesday. The upbeat UK employment figures have failed to boost the Pound's recovery, as investors are reluctant to place large GBP long positions ahead of the Bank of England monetary policy decision, due later in the day. Read More...

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Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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