British Pound (GBP) Strength Seen in Latest GBP/USD and EUR/GBP Price Action

Australia News News

British Pound (GBP) Strength Seen in Latest GBP/USD and EUR/GBP Price Action
Australia Latest News,Australia Headlines
  • 📰 DailyFX
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

The British Pound is holding its own against a resurgent US dollar and is pushing ahead against the Euro. Higher UK bond yields underpin the move.

Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Forex trading involves risk. Losses can exceed deposits.

We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.a registered Introducing Broker with the Commodity Futures Trading Commission and is no longer a Member of the National Futures Association in the U.S. Any and all information provided by FXP is not intended for use by U.S. residents or individuals domiciled in the U.S.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

DailyFX /  🏆 305. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EUR/GBP, GBP/USD Remain Rangebound as GBP Faces a Defining WeekEUR/GBP, GBP/USD Remain Rangebound as GBP Faces a Defining WeekThe Pound heads into the new week having seen consolidation for the majority of August. Inflation and employment data lie ahead and could give the GBP a directional nudge.
Read more »

Pound Sterling Price News and Forecast: GBP/USD looks to extend rebound after UK inflation dataPound Sterling Price News and Forecast: GBP/USD looks to extend rebound after UK inflation dataCable accelerated higher on Wednesday morning after UK inflation data showed that price pressures continue to ease, but core inflation remains elevate
Read more »

Pound Sterling Price News and Forecast: GBP/USD holds its strengths despite hawkish FOMC minutesPound Sterling Price News and Forecast: GBP/USD holds its strengths despite hawkish FOMC minutes
Read more »

BoE Faces Pressure Following Average Earnings Spike as Unemployment Rises, GBP/USD BidBoE Faces Pressure Following Average Earnings Spike as Unemployment Rises, GBP/USD BidUK unemployment rises to levels last seen in late 2021. Average earnings touted as key by the BOE smashed estimates and is likely to add pressure on the Central Bank to keep its foot on the rate hike pedal.
Read more »

GBP Breaking News: UK Inflation Remains Sticky, September Hike LikelyGBP Breaking News: UK Inflation Remains Sticky, September Hike LikelyGBP prices have gained traction after the UK CPI report surprised to the upside on several metrics.
Read more »

Euro Ahead of Euro Area GDP, FOMC Minutes: EUR/USD, EUR/AUD, EUR/GBP Price SetupsEuro Ahead of Euro Area GDP, FOMC Minutes: EUR/USD, EUR/AUD, EUR/GBP Price SetupsEUR is testing key levels against some of its peers ahead of the release of Euro area GDP data (due later today) and the FOMC minutes (due Thursday). What is the outlook for EUR/USD, EUR/GBP, and EUR/AUD?
Read more »



Render Time: 2025-02-25 11:24:53