Pound Sterling Price News and Forecast: GBP/USD surges above 1.3000 post UK inflation data

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GBP/USD Price Analysis: Surges above 1.3000 post UK inflation data

The Pound Sterling has climbed sharply, breached the 1.3000 figure for the first time since July 19, 2023, and exchanged hands at 1.3020 above its opening price by 0.36%, following a mixed inflation report in the UK. Read More...

Pound Sterling rallies to 1.3050 as sticky UK inflation weighs on BoE rate-cut bets

The Pound Sterling (GBP) exhibits sheer strength in Wednesday’s New York session as the United Kingdom (UK) Office for National Statistics (ONS) has reported stubborn Consumer Price Index (CPI) data for June. Read More...

GBP/USD consolidates below one-year top, looks to UK CPI for fresh directional impetus

The GBP/USD pair extends its sideways consolidative price move for the third successive day on Wednesday and trades around the 1.2970 region during the Asian session. Spot prices, meanwhile, remain well within the striking distance of a one-year peak touched on Monday and the fundamental backdrop supports prospects for an extension of a two-week-old uptrend. Read More...

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