GBP/USD took a tumble on Tuesday, backsliding to its lowest bids in over a week after US ISM Purchasing Managers Index (PMI) figures misfired and broadly missed forecasts.

The Pound Sterling extended its gains versus the US Dollar on Tuesday as the latter ... GBP/USD erased Monday’s losses and is climbing past 1.2900 as market participants continue to ...

The GBP/USD surged 1.79% on Tuesday, ending the session at $1.24983. Elevated UK wage growth and the US CPI report briefly sent the GBP/USD to $1.25. On Wednesday, ...

The Tuesday GBP/USD Overview. On Tuesday, the GBP/USD rose by 0.27%. Following a 0.41% gain on Monday, the GBP/USD ended the day at $1.25378. The GBP/USD fell to a low of $1.24954 before rising to ...

EUR/USD sideways trades. EUR/USD's recovery from its over 2-year $1.0178 low has hit minor resistance between the $1.0333-to-$1.0344 November and mid-December lows which so far capped as expected. If ...

"GBP soft, down 0.3% vs. the USD and trading in tandem with EUR in an environment of broad-based USD strength, " says Shaun Osborne, Chief FX Strategist at Scotiabank.

USD/GBP: The British pound against the US dollar is one of the most frequently traded foreign exchange pairs. Photo: Getty · John Lamb via Getty Images Foreign exchange, also known as forex, or FX ...

GBP/USD Chart (Credit: TradingView) Since the start of 2023, the US dollar index has been losing 0.65%., and the dollar itself weakened by 1.4% in June.

Comments are currrently disabled. Related Stories: Pound to Dollar Forecast: End to GBP Rebound on Break Below 1.3420 - June 22, 2025; Pound Rate Today: Short Covering Underpins GBP vs EUR, USD - June ...

GBP/USD sits just below 1.3200 ahead of the data, a level that’s acted as both support and resistance recently. That makes it a natural pivot point for traders to build setups around depending ...

UK CPI cools to 3.4% from 3.5% in April FOMC rate decision is in focus GBP/USD tests 1.3450 support GBP/USD as rising after data showed UK inflation cooled in May, and as investors look ahead to ...