Pound Sterling Price News and Forecast: GBP/USD spins in a giant circle on Monday

FXStreet Team FXStreet

GBP/USD spins in a giant circle on Monday

GBP/USD roiled on Monday, tumbling 1.5% during the overnight session before recovering back to flat for the day at the 1.2400 handle. Import tariffs from the US brewing into a large-scale global trade war hobbled market sentiment over the weekend. Read More...

Pound Sterling outperforms risky peers as US Trump seems unenthusiatic for tariffs on UK

The Pound Sterling (GBP) outperforms its major peers, except safe-haven assets such as the US Dollar (USD) and the Japanese Yen (JPY), on Monday as investors become confident that the United Kingdom (UK) won't face hefty tariffs from the United States (US). Read More...

GBP/USD falls below 1.2300 following Trump tariffs

GBP/USD continues its decline for the fifth consecutive session, hovering around 1.2270 during Monday’s Asian trading hours. The pair has weakened by around 1% as the US Dollar Index (DXY), which measures the US Dollar (USD) against six major peers, gains strength following US President Donald Trump’s tariffs against China, Canada, and Mexico. Read More...

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EUR/USD climbs toward 1.1800 on broad USD weakness

EUR/USD gathers bullish momentum and advances toward 1.1800 in the second half of the day on Tuesday. The US Dollar weakens and helps the pair stretch higher after the employment report showed that Nonfarm Payrolls declined by 105,000 in October before rising by 64,000 in November.

GBP/USD climbs to fresh two-month high above 1.3400

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Gold extends its consolidative phase around $4,300

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XRP dips as bearish pressure persists despite ETF growth

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Ukraine-Russia in the spotlight once again

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BNB Price Forecast: BNB slips below $855 as bearish on-chain signals and momentum indicators turn negative

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