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Sterling climbed above $1.35 driven by strong UK PMI data and retail sales, while the US dollar weakened after the US Supreme Court overturned emergency tariffs; however, Fed uncertainty limits GBPUS…
GBPUSD weakened near $1.35 despite strong UK economic data, pressured by continued US dollar strength amid Fed's hawkish tone and rate hike uncertainty.
UK GDP growth surprised with a 0.3% rise in November, surpassing expectations and briefly boosting GBPUSD, though gains faded amid technical resistance near 1.36 and ongoing economic challenges.
GBPUSD rose to a near three-month high fueled by improving UK economic data and business investment revisions, despite persistent inflation and cautious Bank of England signals on further rate cuts.
Sterling edged higher versus the dollar amid expectations of Fed policy and UK growth data, with markets pricing potential Bank of England rate cuts next year amid mixed economic outlook.
The pound dipped amid expectations of US rate cuts and mixed UK economic data, with markets pricing in a likely UK interest rate cut in December and uncertain monetary policy beyond mid-2026.
Sterling rose versus the euro and dollar due to stronger UK growth forecasts and expectations of a slower BoE easing path, amid diverging ECB and BoE rate outlooks and improved UK fiscal credibility.
GBPUSD edged slightly lower as markets priced in a 90% chance of a Bank of England rate cut in December amid improved UK economic forecasts and ECB signaling an end to easing. Pound faces pressure de…
UK GDP growth in August met forecasts, supporting GBP above 1.34, despite weak services and construction. Tax hikes and spending cuts are likely amid rising borrowing costs, while markets price in po…