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Pound Sterling Price News and Forecast: Stalls around 1.3360 as Oil spike, geopolitics support USD

GBP/USD stalls around 1.3360 as Oil spike, geopolitics support USD

The GBP/USD pair consolidates around 1.3360 on Thursday amid heightened tensions in the Middle East, as US President Donald Trump exerts pressure on Iran to reach a deal. Solid US jobs data maintained the status quo, which remains controlled by geopolitics. At the time of writing, the pair remains virtually unchanged. Read More...

GBP/USD Price Forecast: Wobbles around 1.3360 amid uncertainty over US-Iran ceasefire

The GBP/USD pair trades in a tight range around 1.3360 during the early European trading session on Thursday. The Cable consolidates as investors await clarity on whether Iran intends to pursue a ceasefire, as claimed several times by United States (US) President Donald Trump. Read More...

GBP/USD slips as risk aversion, sticky UK inflation lift US Dollar

The Pound Sterling (GBP) reverses course on Wednesday as the Greenback edges higher on the day, as risk appetite deteriorates following news reports that Iran's nuclear Bushehr power plant was hit. Also, inflation readings in the UK pushed GBP/USD lower, with the pair losing 0.30% and trading near 1.3370 at the time of writing. Read More...

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Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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GBP/USD holds losses below 1.3550 after weak UK jobs data

GBP/USD holds losses below 1.3550 in European trading hours on Tuesday. The UK ILO Unemployment Rate held steady at 4.9% in the three months to June, against a forecast of 4.8%, while Employment Change arrived at 83K in the same period versus 147K previous. Weak UK labor data keep the British Pound under pressure, driving the pair lower.

EUR/USD flatlines below 1.1600 amid Oil-driven inflation fears

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