TAG: British Pound

GBP/USD Stalls as Bulls and Bears Clash Ahead of Central Bank Meetings

The GBP/USD pair is currently experiencing a standoff between bulls and bears, with the pair clinging to support at the 1.2850 level. The upcoming Federal Reserve and Bank of England policy meetings are adding to market uncertainty, with the odds of a Bo...

2 months ago

GBPUSD spikes after BOE holds, Fed cuts rates

GBPUSD breached 1.330 for first time since March 2022   Bank of England kept rates unchanged at 5%, to be "careful" with future rate cuts   GBPUSD now up 4% year-to-date; best G10 performer against US dollar so far in 2024   Forecast: GBPUSD to trad...

3 weeks ago