Tag: gbp/usd

One of many popular forex trading pairs is also GBP/USD – British Pound vs American Dollar. Investro provides daily news and updates on this foreign exchange trading pair.
GBP/USD jumps to 1.23 amid USD weakness
GBPUSD
0.71%
June 17 2022 🕓 3 min

GBP/USD jumps to 1.23 amid USD weakness

The Bank of England has decided to raise the Bank Rate by 25 basis points to 1.25%. The central bank declared that inflation is set to peak at an alarming 11 percent by the end of the year.
GBP/USD drops to 1-mth lows amid risk-aversion
GBPUSD
0.71%
June 13 2022 🕓 3 min

GBP/USD drops to 1-mth lows amid risk-aversion

Sentiment deteriorated sharply Monday, sending the GBP/USD pair to one-month lows.
GBP/USD fails at 1.26 resistance, again
GBPUSD
0.71%
June 8 2022 🕓 3 min

GBP/USD fails at 1.26 resistance, again

The immediate trend for Sterling seems unclear as it lacks momentum, but volatility remains elevated.

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GBP/USD fails at 1.26 again
GBPUSD
0.71%
May 24 2022 🕓 3 min

GBP/USD fails at 1.26 again

Bulls retreated quickly as the UK's services sector deteriorated notably.
GBP/USD drops below 1.24 after inflation numbers
GBPUSD
0.71%
May 18 2022 🕓 3 min

GBP/USD drops below 1.24 after inflation numbers

This week, the UK's unemployment rate fell to a 48 year low of 3.7% in the first quarter of the year, while inflation accelerated to a 9% annual rate in April.
GBP/USD fails to stage a corrective rally, remains subdued
GBPUSD
0.71%
May 10 2022 🕓 3 min

GBP/USD fails to stage a corrective rally, remains subdued

The positive sentiment failed to last, with US investors quickly selling today's rallies in risk assets.
GBP/USD below 1.25 as dollar accelerates again
GBPUSD
0.71%
May 2 2022 🕓 3 min

GBP/USD below 1.25 as dollar accelerates again

This week will be dominated by the Bank of England's monetary policy decision and the Federal Reserve's monetary policy decision.
GBP/USD craters after weak UK retail sales
GBPUSD
0.71%
April 22 2022 🕓 3 min

GBP/USD craters after weak UK retail sales

The GBP/USD pair slid more than 1% on Friday, undermined by the miserable UK data and the global strength of the greenback.
GBP/USD flirts with 1.30 after UK data
GBPUSD
0.71%
April 11 2022 🕓 3 min

GBP/USD flirts with 1.30 after UK data

This morning, UK data showed that the economy grew at a slower pace in February, sending the GBP to the 1.30 threshold.

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GBP/USD confirms bullish momentum
GBPUSD
0.71%
March 22 2022 🕓 3 min

GBP/USD confirms bullish momentum

The positive sentiment continued today, leading to some solid gains for the British Pound.
GBP/USD falls as BoE disappoints
GBPUSD
0.71%
March 18 2022 🕓 3 min

GBP/USD falls as BoE disappoints

Today, the Bank of England hiked rates by 25 bps, bringing the main refinancing rate to 0.75%. However, the MPC surprised investors by only 8 out of 9 members voting for a rate hike, while everyone expected a unanimous decision.
GBP/JPY remains bullish after UK labor market data
March 15 2022 🕓 2 min

GBP/JPY remains bullish after UK labor market data

The Pound has been supported by the ongoing speculation that the Bank of England will deliver another rate hike at its meeting on Thursday.