GBP/USD stabilizes near 1.2350 following Tuesday's choppy action. The pair could face stiff resistance at 1.2370. Improving risk mood could make it difficult for the USD to find demand.

The Pound Sterling (GBP) is up modestly on the day versus a generally softer USD, Scotiabank's Chief FX Strategist Shaun Osborne notes. "The UK, like everyone else, is waiting to see what emerges ...

The Pound US Dollar (GBP/USD) exchange rate was mostly rangebound on Wednesday as both UK and US data releases were thin on the ground. At the time of writing the GBP/USD was trading at around $1. ...

The Pound US Dollar exchange rate was mostly quiet on Wednesday amid an absence of both UK and US economic data releases. At the time of writing, GBP/USD was trading at approximately $1.2354, ...

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The Pound Sterling (GBP) advanced to $1.24 handle against the US Dollar on Friday ahead of the latest PMI data. At the time of writing, Pound US Dollar exchange rate (GBP/USD) was trading at ...

Concerns over which should help underpin the US Dollar. The Pound (GBP) struggled at the start of this week’s session as GBP investors grow increasingly confident the Bank of England (BoE ...

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GBP/USD is currently trading at $1.22757, down 0.36%, as the pair struggles to hold above the pivot point at $1.22625. Despite the short-term pressure, staying above this level keeps the outlook ...

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UK Retail Sales Falls 0.3% in December, GBP/USD Slides on BoE Rate Cut BetsFri, 17 Jan 2025 07:42:03 GMT ECB Speech and PMI Data in Focus: EUR/USD and EURO STOXX 50 OutlookFri, 24 Jan 2025 08:09: ...