Pound Sterling Price News and Forecast: GBP/USD slips below 1.33 as US consumer sentiment turns negative

FXStreet Team FXStreet

GBP/USD slips below 1.33 as US consumer sentiment turns negative, boosts USD

The Pound Sterling retreats against the US Dollar during the North American session, poised to end the week with minimal losses of over 0.24%. An absent economic docket in the UK on Friday left traders adrift to US data, which revealed that consumers are becoming pessimistic about the economy. The GBP/USD trades at 1.3276, down 0.39%. Read More...

Pound Sterling weakens against USD even as Michigan Sentiment data slides again

The Pound Sterling (GBP) turns upside down below 1.3330 against the US Dollar (USD) in Friday’s North American session. The GBP/USD pair gives up intraday gains and turns negative as the US Dollar (USD) claws back losses after the release of the preliminary US Michigan Consumer Sentiment Index (CSI) and the Consumer Inflation Expectations data for May. Read More...

GBP/USD drifts higher above 1.3300 on softer US Dollar, upbeat UK GDP data

The GBP/USD pair edges higher to around 1.3310 during the Asian trading hours on Friday. The Greenback weakens against the Pound Sterling (GBP) as downside surprises in the US economic data this week raise bets of more Federal Reserve (Fed) rate cuts this year. Traders will keep an eye on the preliminary University of Michigan Consumer Sentiment Index, along with the US Building Permits, Housing Starts, which are due later on Friday. Read More...

Author

FXStreet Team

FXStreet

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

Editor's Picks

EUR/USD recovers to 1.1750 region as 2025 draws to a close

Following the bearish action seen in the European session on Wednesday, EUR/USD regains its traction and recovery to the 1.1750 region. Nevertheless, the pair's volatility remains low as trading conditions thin out on the last day of the year.

GBP/USD stays weak near 1.3450 on modest USD recovery

GBP/USD remains under modest beairsh pressure and fluctuates at around 1.3450 on Wednesday. The US Dollar finds fresh demand due to the end-of-the-year position adjustments, weighing on the pair amid the pre-New Year trading lull.

Gold retreats to $4,300 area, looks to post monthly gains

Gold stays on the back foot on the last day of 2025 and trades near $4,300, possibly pressured by profit-taking and position adjustments. Nevertheless, XAU/USD remains on track to post gains for December and extend its winning streak into a fifth consecutive month.

Bitcoin, Ethereum and XRP prepare for a potential New Year rebound

Bitcoin, Ethereum, and Ripple are holding steady on Wednesday after recording minor gains on the previous day. Technically, Bitcoin could extend gains within a triangle pattern while Ethereum and Ripple face critical overhead resistance.

Economic outlook 2026-2027 in advanced countries: Solidity test

After a year marked by global economic resilience and ending on a note of optimism, 2026 looks promising and could be a year of solid economic performance. In our baseline scenario, we expect most of the supportive factors at work in 2025 to continue to play a role in 2026.

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is. Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).