The most active trading sessions for the GBP/USD currency pair occur in London and New York, with some activity during Asian markets from 2400 GMT to 0900 GMT..
GBP/USD is sensitive to political and economic developments in the UK. It's influenced by interest rate differentials, economic data, and geopolitical events. For the latest updates and forecasts on GBP/USD, consult reliable sources and market analysis reports to make informed trading decisions
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GBP/USD surges to its highest level since March as US inflation cools.
GBP/USD has been under some renewed selling pressure after fresh data showed that the UK labor market may be cooling, giving investors some relief that the Bank
As expected, the GBP/USD pair fell at the start of this week’s trading as markets reacted to news of the early French elections.
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Despite the recent strength of the US dollar following stronger-than-expected US jobs data, which has dampened any expectations of imminent US rate cuts, the GBP/USD currency pair has shown remarkable resilience.
GBP/USD has been trading in a consolidation pattern since the start of this week's trading, settling around 1.2785 at the time of writing.
The British pound has rallied slightly during the early hours on Wednesday.
GBP/USD reached a 12-week high in recent trading, extending gains to the 1.2817 resistance level before settling around 1.2775 at the time of writing.
he British pound has fallen rather significantly to kick off the trading session on Tuesday but has turned around to show signs of life.
GBP/USD has been gaining ground against the US dollar since the start of trading this week, with markets cautiously awaiting US jobs data at the end of the week.
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The British pound initially pulled back a bit against the US dollar in the early hours on Monday but has since really started to take off to the upside.
Recently, risk appetite has been on the rise following the latest US inflation data while the US dollar has lost ground.
GBP/USD is under profit-taking pressure for the second day in a row, retreating from its two-month high of $1.28 touched on May 27.
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Sign up to get the latest market updates and free signals directly to your inbox.The British Pound has pulled back a bit from a crucial resistance barrier in the form of 1.28.
GBP/USD is consolidating in a mid-uptrend this week, with gains extending to the 1.2800 resistance level, the highest in two months, before settling around 1.2760 at the time of writing.
The British pound has rallied significantly during the trading session on Tuesday.