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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Last week, GBP/USD was the most prominent for the traders of Forex currencies, as the pair of sterling currencies jumped against the dollar towards the resistance level 1.2794 higher for the currency pair for more than three months.
The US Central Bank’s announcement to keep US interest rates unchanged, with clear indications of the possibility of lowering rates next year.
Recently, the pound sterling fell against other major currencies after data showed that wages in the UK slowed in October.
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During last week's trading sessions, the exchange rate of the British Pound against the US Dollar “GBP/USD” came under pressure as the impressive November rally failed and turned into a decline.
GBP/USD Slumps as US Job Growth Exceeds Expectations, Fed Rate Cut Hopes Diminish; Technical Analysis & Future Outlook
GBP/USD Outlook: Navigates Downtrend Amid US Dollar Recovery, BoE Rate Decision Looms.
GBP/USD corrects to 1.2577, eyes on US jobs data, BoE policy, and Fed rates. Key resistance at 1.2700, support near 1.2500
GBP/USD resilient at 1.2732 amid BoE rate decisions. Eyes on US jobs report and potential Fed rate cuts. Technicals and US data to drive near-term trend.
British Pound (GBP) surges as Bank of England signals prolonged rate hikes. GBP/USD nears 3-month high. Analysis and expectations for GBPUSD today
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Discover the GBP/USD's surge to a 3-month peak at 1.2732, driven by BOE's rate cut stance and a softer US dollar. Stay updated on this bullish trend's next moves!
Explore the latest GBP/USD trends and forecasts: Insights on the Pound's potential rise amid US economic data releases and technical analysis perspectives
In the following technical analysis we will present the GBP/USD forecast for today, The Possibility of Selling Deals.
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In the following technical analysis we will present the GBP/USD forecast for today, Bulls' Attempts to Maintain Their Gains
In the following technical analysis we will present the GBP/USD forecast for today, waiting for Autumn Forecast Statement
In the following technical analysis we will present the GBP/USD forecast for today, Overbought Levels.