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Gbpusd News

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Sterling Jumps after UK Credit Data Release Jan 4 2024    
The pound sterling rallied as high interest rates did not discourage Britons from taking on debt.
GBP/USD Testing 1.28, Here's the Outlook for Next Year Dec 28 2023    
The BoE's interest rate policy is "key" to the outlook for GBP/USD and other Pound Sterling duos in 2024.
GBP/USD Stumbles as UK Inflation Plummets Dec 20 2023    
Following the release of the UK inflation data, GBP/USD fell by around 0.6 percent. However, the implications of the data were actually not as bad as the market thought.
GBP/USD Soars, UK Likely to Raise Interest Again Dec 15 2023    
The Governor of the Bank of England stated that it is too early to start speculating on interest rate cuts. As a result, GBP/USD strengthened.
Economy Slumps, Sterling Miserable Ahead of Central Bank Meeting Dec 13 2023    
UK economic growth has been sluggish, but the BoE is likely to remain hawkish at its policy meeting tomorrow.
Sterling Slips After UK Labor Data Release Dec 12 2023    
The number of jobless claims in the UK expanded from 8.9k to 16.0k in November 2023.
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GBP/USD Supported by UK Business Recovery Nov 23 2023    
GBPUSD was boosted due to PMI data and statements from UK central bank officials but burdened by projections for the UK economy in the future.
Low UK Retail, GBP/USD Pulls Away Nov 17 2023    
The UK retail sales report in October 2023 showed the worst situation since the pandemic lockdown era. As a result, the pound sterling slumped in GBP/USD and other pairs.
UK's Wage Increasing, GBP/USD Strengthens with Limitations Nov 14 2023    
The UK wage data suggests the BoE may keep interest rates high for longer, which is positive for GBP/USD.
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