Pound Sterling Price News and Forecast:GBP/USD slips beneath 1.3300 as USD gains on Powell relief

GBP/USD wins traction above 1,3250 against new commercial uncertainty - World Stock Market

The GBP/USD gains ground to around 1,3270 in the first bars of the Asian session on Thursday. The new commercial uncertainty triggered by Trump continues to weigh on the US dollar. Operators increase their expectations about the BOE rates cut in May. The GBP/USD torque gains strength about 1,3270, interrupting the two -day loss streak during the first bars of the Asian session on Thursday. The US dollar (USD) weakens in front of the pound due to…

GBP/USD slips beneath 1.3300 as USD gains on Powell relief and trade optimism

The Pound Sterling (GBP) depreciates against the Greenback on Wednesday, yet slightly recovered after diving to four-day lows of 1.3230. Traders seemed relieved that US President Donald Trump, although angry with Federal Reserve (Fed) Chair Powell, is not looking to sack him.

Market Volatility Continues to Rise

Amid global economic instability and escalating tariff tensions, the EUR/USD and GBP/USD currency pairs are showing strong growth. Following statements by Donald Trump regarding the potential dismissal of Federal Reserve Chair Jerome Powell, pressure on the US dollar is intensifying. This is creating favourable conditions for the strengthening of the euro, the Japanese yen, and the British pound.President Trump has repeatedly criticised Jerome P…

Pound Hits Fresh High Against US Dollar Before Correcting: What’s Driving GBP/USD? - Action Forex

GBP/USD reached a seven-month peak at 1.3423 — its highest level since 26 September 2024 — before entering a corrective phase. Key Drivers Behind GBP/USD Movements Market concerns over US President Donald Trump’s criticism of Federal Reserve Chair Jerome Powell have eased. Trump has since clarified that Powell will not be dismissed, though he expressed frustration over the Fed’s reluctance […] The post Pound Hits Fresh High Against US Dollar Bef…