GBP extends gains through upper 1.25s – Scotiabank
Pound Sterling (GBP) is up modestly vs US Dollar (USD) on the session at writing after backing off slightly from the ...
GBP/USD Forecast: Pound Sterling shows no signs of slowing down
GBP/USD preserves its bullish momentum and trades at its highest level since late December near 1.2600. Although the pair's near-term technical outlook points to overbought conditions, investors could ...
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Sterling slumps to new low; gilt yields soar
in a note. “Perhaps most relevant for GBP here is the positioning data, where investors had felt that sterling could best withstand the overriding strong dollar trend.” ...
Sterling Extends Losses After BOE Cuts Rates
Sterling was weaker against the dollar after the BOE cut interest rates by 25bp, a decision that was widely expected, but two members preferred a 50 basis-point reduction, which analysts hadn’t ...
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Pound Sterling Rebounds Vs Euro And Dollar After Softer UK Inflation Print
The Pound to Dollar (GBP/USD) exchange rate traded around 1.2180 from 1.2190 with the Pound to Euro exchange rate just below 1.1840 and above 10-week lows posted on Tuesday.UK consumer prices ...