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GBP/USD cools momentum as Pound traders weigh next options
GBP/USD rankled on Monday, kicking off the new week with a fresh bout of indecision as the pair floats near the 1.2900 handle.
GBP/USD holds gains as mixed PMIs stir tariff jitters, eyes on UK inflation
The Pound Sterling (GBP) trims some of its earlier gains versus the US Dollar (USD) on Monday, begins the week on an upbeat mood after Flash PMIs in both sides of the Atlantic, came mixed.
GBP gains strongly from upper 1.28s on PMI beats - Scotiabank
UK PMI data for March were mixed. Manufacturing output weakened to 44.6 (from 46.9 and against forecasts for a rise to 47.2), Scotiabank's Chief FX Strategist Shaun Osborne notes.
UK Preliminary Services PMI jumps to 53.2 in March vs. 51.2 expected
The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers' Index (PMI) unexpectedly dropped to 44.6 in March from 46.9 in February.
GBP/USD attracts some buyers to near 1.2950 as traders await US PMI release
The GBP/USD pair attracts some buyers to around 1.2940 during the early European session on Monday, bolstered by the softer Greenback.
GBP/USD trades with positive bias around 1.2930 amid modest USD weakness
The GBP/USD pair continues to show some resilience below the 1.2900 round-figure mark and attracts some dip-buyers during the Asian session on Monday.
GBP/USD slips as trader war fears, central bank uncertainty weigh
The Pound Sterling (GBP) dropped some 0.29% against the US Dollar (USD) on Friday, set to end the week unchanged after major central banks featured monetary policy decisions led by the Federal Reserve (Fed) and the Bank of England (BoE).
GBP edges slightly lower - Scotiabank
Government borrowing data revealed a larger than forecast GBP10.7bn net public sector borrowing in February, Scotiabank's Chief FX Strategist Shaun Osborne notes.
GBP: BOE keeps the policy rate steady at 4.50% - BBH
GBP/USD is down to a 5-day low, and 10-year gilts are underperforming.
GBP: No major impact from BoE hold - ING
The sterling curve saw a minor 5bp hawkish repricing after the Bank of England's consensus hold yesterday, ING's FX analyst Francesco Pesole notes.
Pound Sterling corrects further against US Dollar as Fed maintains restrictive policy stance
The Pound Sterling (GBP) extends correction to near 1.2920 against the US Dollar (USD) in European trading hours on Friday.
GBP/USD consolidates above mid-1.2900s; remains close to multi-month peak set on Thursday
The GBP/USD pair lacks any firm intraday direction on Friday and oscillates in a narrow trading band, around the 1.2960 area during the Asian session.
GBP/USD drops as BoE holds rates, hints uncertainty on future cuts
The British Pound (GBP) depreciated against the US Dollar (USD) after the Bank of England (BoE) decided to keep rates unchanged and warned about interest rate cuts due to "a lot of economic uncertainty at the moment," said BoE Governor Andrew Bailey.
GBP/USD can move towards 1.3150/1.3175 in the short term - Société Générale
GBP/USD crossed above a steep descending channel and evolved within a small base, Société Générale's FX analysts note.
GBP: BoE is a secondary risk event compared to Spring Budget - ING
The Bank of England is widely expected to keep rates on hold today.
GBP/USD: BoE MPC is coming - OCBC
Pound Sterling (GBP) can be fairly active today due to BoE MPC.
Pound Sterling declines after UK employment data, BoE policy awaited
The Pound Sterling (GBP) faces selling pressure against its major peers, except antipodeans, on Thursday after the release of the United Kingdom (UK) labor market data for three months ending January.
UK Unemployment Rate steadies at 4.4% in the quarter to January as expected
The United Kingdom's (UK) ILO Unemployment Rate stayed unchanged at 4.4% in the three months to January, data published by the Office for National Statistics (ONS) showed on Thursday.
BoE expected to hold interest rate at 4.50% amid stubborn inflation and weak economic outlook
The Bank of England (BoE) is set to reveal its monetary policy decision on Thursday, marking the second meeting of 2025.
GBP/USD Price Forecast: Holds position above 1.3000 near five-month highs
The GBP/USD pair remains in positive territory for the fourth successive session, trading around 1.3010 during the Asian hours on Thursday.
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