Weakness in the dollar overseas also contributed to gains in the counter. GBPUSD pair hit a fresh three year high of $1.3494, its highest level since February 2022. On the NSE, GBPINR pair edged lower ...

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GBP/USD Outlook: Pound Rises on UK Data, Weaker Dollar

The GBP/USD outlook points north as the pound gains against a weaker dollar while improved UK business activity in April also boosts pound.

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GBP/USD rebounds above 1.3450 toward 39-month highs, UK Retail Sales eyed

On Friday, the UK Consumer Confidence Index rose by 3 points to -20 in May, better than the expected reading of -22 and reversing from April’s -23 reading. However, consumer sentiment remains cautious ...

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GBP/USD flattens ahead of UK Retail Sales

GBP/USD pumped the brakes on Thursday, stuck near 1.3400. UK Retail Sales in the barrel for Friday, investors expect a third straight decline. Cable markets are losing steam after tapping fresh ...

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FxWirePro: GBP/USD eases slightly, bullish outlook remains

The GBP/USD eased slightly against the U.S. dollar on Thursday as investors digested the latest UK business activity data. The figures offered mixed signals on the health of the economy, prompting a ...

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