gbp/usd - Search News

GBP/USD forecast ahead of BoE interest rate decision

The GBP/USD exchange rate pulled back slightly after the Federal Reserve interest rate decision and US GDP data. It dropped to a low of 1.2400, down from this week’s high of 1.2500 as focus shifts to the upcoming US personal consumption expenditure (PCE) data and Bank of England (BoE) decision.

The Wall Street Journal on MSN · 13h

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 anticipated.

Reuters on MSN · 17h

Sterling drops ahead of Bank of England rate decision

Sterling fell against the dollar on Thursday, on track for its biggest daily drop in about a month, as investors awaited the outcome of the Bank of England's meeting, at which the central bank is widely expected to cut interest rates.

EconoTimes · 17h

FxWirePro: GBP/USD slips towards 1.2400 level ahead of Bank of England rate decision

GBP/USD fell sharply on Thursday as sterling attracted sellers ahead of the Bank of Englands policy decision. Markets price in a 94% chance the BoE will cut rates by 25 basis points to 4.5% on Thursday,

The Wall Street Journal on MSN · 18h

Sterling Could Fall if Strong Majority of BOE Officials Back Rate Cut

Sterling weakened against the dollar and could fall further if the BOE votes 8-1 to cut interest rates and downgrades its economic growth forecasts, ING said.

19h

GBP/USD Forecast: Pound Sterling could extend uptrend on hawkish BoE

On Wednesday, the disappointing ISM Services PMI data made it difficult for the US Dollar (USD) to find demand. Additionally, ...

20h

US Dollar Forecast: ADP Jobs Data Lifts DXY, GBP/USD and EUR/USD Outlook

US Dollar gains after ADP jobs data beats forecasts, while ISM PMI misses expectations. How will GBP/USD and EUR/USD react?

forexcrunch20h

GBP/USD Forecast: Markets Cautious Ahead of BoE Meeting

The GBP/USD forecast shows a pullback from recent peaks as market participants prepare for a likely Bank of England rate cut.

18h

GBP/USD: Above 1.2550 a sustained can be expected – UOB Group

The Pound Sterling (GBP) is expected to consolidate in a 1.2460/1.2540 range. In the longer run, GBP has to break and remain above 1.2550 before a sustained advance can be expected, UOB Group’s FX ...

US Dollar Forecast: DXY Drops as China Retaliates with New Tariffs – GBP/USD and EUR/USD Outlook

US Dollar slides as China retaliates with fresh tariffs, raising market volatility. GBP/USD and EUR/USD show bullish potential amid USD weakness.

18h

British Pound slides from one month high as Bank of England expected to cut rates further

British Pound has slipped today as a corrective moves is being witnessed in the currency ahead of the monetary policy announcement from the Bank of England (BOE). The BoE is expected to cut its ...