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Sterling weakened to a three-week low against the euro and suffered a fifth straight daily loss to the dollar amid Iran conflict concerns, high UK inflation, and fiscal risks ahead of May elections.
GBPUSD declined to 1.34 amid weak UK PMI data and rising Middle East tensions fueling energy shock fears and expectations of Bank of England rate hikes.
GBPUSD slips as Middle East tensions boost USD demand and crude oil prices, raising UK energy concerns. BoE likely to hike rates more aggressively in 2026 amid inflation fears, with key economic data…
GBPUSD steadies above four-week lows amid easing US-Europe tensions and mixed UK economic data including a smaller public deficit but persistent inflation.
GBPUSD weakened to 1.31 as weaker UK labor data raised expectations of a Bank of England rate cut next month, with slowing wage growth and rising unemployment.
GBPUSD showed resilience after probing key support with USD strength tied to US-China relations and upcoming CPI reports; UK inflation concerns persist amid BoE's steady policy, while key UK and US e…
GBPUSD is expected to rally as the dollar weakens amid US economic uncertainties and low inflation catalyst for the UK. Key upcoming data like US CPI and UK employment reports will drive near-term vo…
Sterling gained against the dollar as a U.S. government shutdown weakened the dollar, while UK domestic headwinds and possible Bank of England easing keep rallies capped.
GBPUSD bounced from 1.3368 as UK yields surged and hotter inflation supports sterling. Traders await US data (ISM, ADP, NFP); strong prints would bolster the dollar, while weak data would increase do…