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Two Good News Spark GBP/USD Rebound

Apr 23 2024    
UK domestic news boosted GBP/USD amidst the lack of high-impact economic data releases from the US.

BoE Officials' Statements Push GBP/USD to Test 1.2400

Apr 19 2024    
Two senior officials of the Bank of England (BoE) are backing the prospect of interest rate cuts in the UK starting from June.

Inflation Data Poses Hurdle to GBP/USD Bearish Trend

Apr 17 2024    
The UK inflation rate persists stubbornly, influencing expectations for BoE interest rates and the trajectory of the Pound Sterling.

GBP/USD Pressured by UK Unemployment Issue

Apr 16 2024    
The UK Unemployment Rate increased, prompting the Pound Sterling to fall ahead of tomorrow's UK inflation data release.

GBP/USD Falls Amid Flood of US Economic Data

Apr 11 2024    
A UK central bank official dismissed speculation of an earlier rate cut than the Fed. However, GBP/USD remained under pressure.

Seasonal Trends: Pound Sterling Usually Gains in April

Mar 28 2024    
Seasonal trends reveal the potential for Pound Sterling strength in two popular currency pairs in next month's trading.

Sterling Plummets Due to Flood of Negative News

Mar 21 2024    
The Bank of England is increasingly likely to cut interest rates in the next few months. In addition, some other pieces of news negatively impacted Pound Sterling.

GBP/USD Supported by Recovery in UK Economic Outlook

Mar 13 2024    
UK economic growth matched estimates in January, stemming the GBP/USD slump.

UK Wage Growth Slow, HSBC Sells Sterling

Mar 12 2024    
Today's UK employment data release undermined the Pound Sterling's position versus USD and EUR. Here's why.

Sterling Knocks Out Euro-Dollar on Speculation of Interest Rates

Mar 8 2024    
The Pound Sterling exchange rate strengthened as markets expected the Federal Reserve and European Central Bank to cut interest rates earlier than the Bank of England.