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Pound Sterling Price News and Forecast: GBP/USD slips as trader war fears, central bank uncertainty weigh

FXStreet Team FXStreet

GBP/USD slips as trader war fears, central bank uncertainty weigh

The Pound Sterling (GBP) is dropping some 0.29% against the US Dollar (USD) on Friday, set to end the week unchanged after major central banks featured monetary policy decisions led by the Federal Reserve (Fed) and the Bank of England (BoE). At the time of writing, GBP/USD is trading at 1.2931 after hitting a daily peak of 1.2969. Read More...

Pound Sterling underperforms US Dollar as Fed supports restrictive policy stance

The Pound Sterling (GBP) extends correction to near 1.2920 against the US Dollar (USD) in North American trading hours on Friday. The GBP/USD pair weakens as the US Dollar extends recovery amid growing expectations that the Federal Reserve (Fed) will not cut interest rates soon. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, gathers strength to break above the key resistance of 104.00. Read More...

GBP/USD consolidates above mid-1.2900s; remains close to multi-month peak set on Thursday

The GBP/USD pair lacks any firm intraday direction on Friday and oscillates in a narrow trading band, around the 1.2960 area during the Asian session. Spot prices, however, remain close to the highest since early November – levels beyond the 1.3000 psychological mark touched on Thursday – and remain at the mercy of the US Dollar (USD) price dynamics. 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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Pound Sterling Price News and Forecast: GBP/USD slips as trader war fears, central bank uncertainty weigh

GBP/USD slips as trader war fears, central bank uncertainty weigh

Pound Sterling underperforms US Dollar as Fed supports restrictive policy stance

GBP/USD consolidates above mid-1.2900s; remains close to multi-month peak set on Thursday

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AUD/USD trades near May 14 highs, above 0.7200 ahead of China's trade data

USD/JPY sinks to mid-153.00s, February 18 lows as BoJ rate hike bets boost JPY

Gold holds above $4,400 as USD weakness counters Fed hike bets

Bitcoin whale profits hit record $9.07B, long-term holders increase on-chain activity

Strong US jobs, Middle East tensions and key inflation data ahead

Diesel’s record $100 warning: The oil shock hiding in plain sight

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GBP/USD slips as trader war fears, central bank uncertainty weigh

Pound Sterling underperforms US Dollar as Fed supports restrictive policy stance

GBP/USD consolidates above mid-1.2900s; remains close to multi-month peak set on Thursday

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