Pound Sterling Price News: Rises past 1.3500 as Bailey hints at easing despite firmer US Dollar

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GBP/USD rises past 1.3500 as Bailey hints at easing despite firmer US Dollar

The Pound Sterling (GBP) trades higher on Tuesday even though the Bank of England (BoE) Governor opened the door for further easing, amid uncertainty over US trade policies. At the time of writing, GBP/USD exchanges hands near the 1.3530 figure, up 0.30%. Read More...

GBP/USD Price Forecast: Sees more downside below 1.3430 amid dovish BoE bets

The GBP/USD pair edges lower to near 1.3480 during the European trading session. The pair is under pressure as the Pound Sterling (GBP) trades broadly uncertain amid firming speculation that the Bank of England (BoE) could deliver a number of interest rate cuts in the near term. Read More...

GBP/USD holds losses below 1.3500 due to BoE rate cut bets

GBP/USD edges lower after two days of gains, trading around 1.3480 during the Asian hours on Tuesday. The pair declines as the US Dollar (USD) rebounds from losses recorded over the previous two sessions. Traders will focus on the US ADP Employment Change four-week average later in the day, along with speeches from Federal Reserve officials. Read More...

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EUR/USD: Breakdown below trading range support near 1.1770 comes into play

The EUR/USD pair opens with a bearish gap at the start of a new week as the US-Iran war-led global flight to safety boosts the US Dollar. Spot prices, however, lack follow-through selling and manage to hold above mid-1.1700s during the Asian session.

GBP/USD declines below 1.3450 on Middle East tensions, UK political uncertainty

The GBP/USD pair attracts some sellers to around 1.3420 during the early Asian session on Monday. The US Dollar edges higher against the Cable amid escalating tensions in the Middle East after recent US-Israeli strikes on Iran over the weekend.

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A primer on how markets will open on Monday, and why geopolitical risk may not be easily absorbed by financial markets this time around. Geopolitics and events between Iran, the US and the wider Middle East will dominate financial markets on Monday. The situation has continued to escalate as we move through Sunday.

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