Pound Sterling Price News and Forecast: Rises amid trade uncertainty as SCOTUS blocks Trump tariffs

FXStreet Team FXStreet

GBP/USD rises amid trade uncertainty as SCOTUS blocks Trump tariffs

The GBP/USD registers gains of 0.31% on Monday after the US Supreme Court rejected Trump’s tariffs invoked using IEEPA national emergency. In the meantime, uncertainty about trade policies keeps the US Dollar on the back foot. The pair trades at 1.3507 after bouncing off daily lows of 1.3475. Read More...

Pound Sterling falls sharply after BoE Taylor’s dovish remarks

The Pound Sterling faces selling pressure against its major currency peers during the European trading session on Monday after dovish comments on interest rates from Bank of England’s (BoE) Monetary Policy Committee (MPC) member Alan Taylor in a fireside chat at Deutsche Bank in London. Read More...

Pound Sterling holds gains above 1.3500 amid stronger UK data, US tariff uncertainty

The GBP/USD pair holds positive ground near 1.3520 during the early European session on Monday. The major pair recovers after falling to four-week lows last week amid renewed concerns over US tariffs. The Bank of England (BoE) External Member Alan Taylor and Federal Reserve (Fed) Bank Governor Christopher Waller are set to speak later on Monday. Read More...

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EUR/USD remains offered below 1.1600, seems vulnerable near multi-month low

The EUR/USD pair struggles to capitalize on the overnight bounce from the 1.1530 region, or the lowest level since November 2025, and lower for the third consecutive day on Wednesday. Spot prices slide back below the 1.1600 mark during the Asian session and seem vulnerable to slide further.

GBP/USD slips below key averages as geopolitical risks mount

GBP/USD fell about 0.35% on Tuesday, settling around 1.3350 after slipping below the 200-day Exponential Moving Average for the first time since early December. The pair has pulled back sharply from its late-January high near 1.3870, shedding over 500 pips in a series of lower highs and lower lows.

Gold rebounds ahead of US ADP, will it last?

Gold finds renewed Asian bids and retests $5,230 early Wednesday after the heavy sell-off on Tuesday. The US Dollar stands tall amid escalating Middle East tensions and reduced dovish Fed expectations. Gold defends $5,000 or 50% Fibo level after facing rejection at the 78.6% Fibo resistance at $5,342 amid bullish RSI.