Tag: gbp/usd

GBP/USD weekly price analysis shows Cable trading around $1.346, completing a robust 1.81% weekly gain after rebounding sharply from Monday’s low of $1.3189. The pound’s recovery reflects growing optimism about UK economic resilience clashing with persistent Federal Reserve hawkishness. This week’s decisive move above the $1.34 threshold came primarily on the back of stronger-than-expected UK…

GBP/USD weekly price analysis shows the pair trading near $1.326, down 1.26% over the past week as the sterling continues its descent from the $1.3430 peak. The currency pair faces mounting pressure as markets price in earlier Bank of England rate cuts following softer UK inflation data. This week’s US PCE inflation data and GDP…