Pound Sterling Price News and Forecast: GBP/USD hovers around 1.3150

GBP/USD Weekly Forecast: Dovish BoE Meets US Data Absence, Eyes on US CPI

The GBP/USD weekly forecast remains mildly bullish as the US dollar weakens on a continued US government shutdown.  The central bank is likely to move towards further easing, while the Fed stays data-dependent.  Traders await GBP manufacturing and average earnings reports, along with the US consumer price index and retail sales the next week.  The GBP/USD weekly forecast tilts slightly up after paring BOE-led losses on Friday, closing above the …

Pound Sterling Price News and Forecast: GBP/USD hovers around 1.3150

GBP/USD clings to minimal gains on Friday amid the lack of economic data releases in the UK and as markets digest scarce economic data as the US government shutdown continues. The pair trades at 1.3148, up 0.10% after hitting a daily low of 1.3094. Read More...

Pound Sterling to Dollar Forecast: GBP Rises on BoE Hold, Shutdown Weighs on USD

The Pound to US Dollar (GBP/USD) exchange rate edged higher on Thursday after the Bank of England (BoE) voted to keep interest rates unchanged, while concerns over the ongoing US government shutdown weighed on the Dollar.