Pound Sterling Price News and Forecast: GBP/USD stabilizes as US Dollar eases, traders await Fed minutes

FXStreet Team FXStreet

GBP/USD stabilizes as US Dollar eases, traders await Fed minutes

GBP/USD recovers ground on Wednesday as the US Dollar (USD) trims some of its earlier gains amid a scarce economic docket on both sides of the Atlantic. At the time of writing, the pair trades at 1.3425, up 0.08%. Read More...

Pound Sterling weakens against US Dollar, investors await FOMC minutes

The Pound Sterling (GBP) seems fragile near 1.3400 against the US Dollar (USD) during the late European trading session on Wednesday. The GBP/USD pair faces selling pressure as the US Dollar (USD) outperforms its major currency peers despite the United States (US) government entering its second week of shutdown. Read More...

GBP/USD loses momentum below 1.3400, BoE Pill's speech and FOMC Minutes in focus

The GBP/USD pair loses ground near 1.3390 during the early European session on Wednesday. The Pound Sterling (GBP) edges lower against the Greenback amid rising expectations that the Bank of England (BoE) will cut interest rates one more time in the remainder of the year. Read More...

Author

FXStreet Team

FXStreet

EUR/USD eyes nine-day EMA barrier after rebounding from 1.1600

EUR/USD gains ground after registering modest losses in the previous session, trading around 1.1620 during the Asian hours on Friday. The technical analysis of the daily chart suggests an ongoing bearish bias as the pair remains within the descending channel pattern.

GBP/USD: Pound Sterling ticks up against US Dollar in countdown to US NFP

The Pound Sterling trades marginally higher to near 1.3365 against the US Dollar during the Asian trading session on Friday. The GBP/USD pair edges up as the US Dollar ticks down ahead of the United States Nonfarm Payrolls data for February, which will be published at 13:30 GMT.

Gold awaits US Nonfarm Payrolls for a clear directional impetus

Gold rebounds above $5,100 early Friday after testing the $5,050 level amid global sell-off. The US Dollar pulls back as profit-taking creeps in ahead of US labor data. For February. 21-day SMA holds amid bullish RSI; a daily closing above 61.8% Fibo is critical for Gold buyers.

Top Crypto Gainers: Lombard, Humanity Protocol, OKB rally on US Fed’s tokenized securities clarity, NYSE investment

Lombard, Humanity Protocol, and OKB rally over the last 24 hours, securing the top-gainer spots in the early Asian session. The US Federal Reserve issued clarity on tokenized securities, which expands its utility and reduces regulatory friction with US banks, driving the Real-World Assets tokenization crypto projects.

The market compass is pointing at a barrel of Oil

The Asian open is arriving with equities leaning the wrong way, and the reason is not complicated. The market’s compass needle has snapped firmly toward crude. In this tape, oil is not just another input price; it is the gravitational center around which every asset class is orbiting.

Ripple tests recovery strength amid steady ETF inflows, growing retail interest

Ripple (XRP) continues to demonstrate notable resilience as the cryptocurrency market navigates the persistent war in the Middle East after the United States (US) and Israel attacked Iran on Saturday.