The British pound fell toward $1.35 near two-week lows after stronger-than-expected US nonfarm payrolls bolstered the dollar and heightened expectations for Fed rate hikes. Meanwhile, the Bank of Eng…
GBPUSD edges near $1.33 amid US-Iran tension delays and shifting BOE policy expectations with two possible rate hikes despite weak UK retail sales and low consumer confidence.
The news reports minor positive price changes in GBP cross pairs, including GBPUSD with a slight 0.03% uptick but lacks detailed information or context.
Sterling steadied near 1.3478 but faces downside risk as markets price a GBP risk premium ahead of the UK Autumn Budget, amid weak hiring intentions and persistent inflation concerns that complicate …
GBPUSD edged up 0.10% as other pound crosses were mixed (GBPCHF +0.11%, GBPJPY -0.29%) while UKX rallied 0.54%, signaling modest pound strength amid positive UK equity moves.
Markets are rangebound; GBP/USD nudged above 1.3500 but is capped by large option expiries. Dollar is slightly softer, and traders await US data this week and nonfarm payrolls next week for direction.