Pound Sterling Price News and Forecast: GBP/USD slips as higher Oil, US yields boost the US Dollar

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GBP/USD slips as higher Oil, US yields boost the US Dollar

The Pound Sterling (GBP) falls by 0.16% on Tuesday as the US Dollar (USD) advances, underpinned by a recovery in energy prices and rising US Treasury yields, with markets not expecting the Federal Reserve (Fed) to cut rates in 2026. GBP/USD trades at 1.3400 after hitting a daily high of 1.3445. Read More...

Pound Sterling weakens as Middle East tensions escalate and UK PMI disappoints

The GBP/USD pair faces selling pressure on Tuesday after registering modest gains in the previous day, weighed down by a slight rebound in the US Dollar and softer-than-expected preliminary UK S&P Global Purchasing Managers Index (PMI) data. At the time of writing, the pair is trading near 1.3395 at the start of the American trading session. Read More...

GBP/USD surges as Trump walks back threatened Iranian infrastructure strikes

GBP/USD rallied about 0.5% on Monday, recovering from an early dip near 1.3260 to trade around 1.3430 by the end of the session. The wide-range day left a long lower wick, suggesting fresh demand emerged below the 1.3300 handle as the pair extended its recovery from the mid-March low close to 1.3240. Price is now consolidating just below the session high near 1.3480. Read More...

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