Pound Sterling Price News and Forecast: GBP/USD steadies as Starmer ouster fears rock UK Gilts

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British Pound steadies as Starmer ouster fears rock UK Gilts

The Pound Sterling (GBP) holds modestly firm against the US Dollar (USD) during the North American session on Monday, down a minimal 0.06% as pressure mounts on the UK’s Prime Minister Keir Starmer as his party sustained losses in local elections. The GBP/USD pair trades at 1.3625 after hitting a daily high of 1.3630. Read More...

GBP/USD Price Forecast: Buyers retain control above 200-day SMA

GBP/USD recovers some ground after opening the week with a bearish gap as geopolitical headlines surrounding the Middle East continue to stir volatility across financial markets. At the time of writing, the pair is trading around 1.3614 after bouncing from an intraday low near 1.3553, though it remains down around 0.14% on the day. Read More...

British Pound recovers further vs USD; GBP/USD holds near daily peak, above 1.3600

The GBP/USD pair fills a major part of its weekly bearish gap opening on Monday and is now looking to extend the momentum further beyond the 1.3600 mark. Spot prices, however, remain below the 1.3635 horizontal resistance and the highest level since February 16, touched earlier this month, warranting caution for bullish traders amid a modest US Dollar (USD) strength. Read More...

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AUD/USD edges higher as hot CPI inflation and hawkish RBA lift rate hike bets

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BoJ recap: A pause for now... but Japan has entered a new inflation phase

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The 2% inflation target came from a throwaway remark. It now moves trillions

The Federal Reserve's 2% inflation goal grew out of an off-the-cuff remark by a New Zealand politician in 1988. Bond investors still price long-term US debt as if 2% holds, so a change in how the Fed measures inflation would move markets.