Pound Dollar forecast page 29 - GBP USD

GBP/USD Drops as Russia-Ukraine War Escalates The Pound US Dollar (GBP/USD) exchange rate is losing ground this morning as the situation in Ukraine continues to deteriorate. At the time of writing, the GBP/USD exchange rate is trading at approximately $1.3317, down roughly 0.3% from today’s opening levels. US Dollar (USD) Climbs...

GBP/USD Slips amid Geopolitical Tension The Pound US Dollar (GBP/USD) exchange rate is stumbling today as Russian military continues to advance into Ukraine, underpinning risk-off flows. At the time of writing, the GBP/USD exchange rate is trading at approximately $1.3308, down roughly by 0.2% from today’s opening levels. US...

GBP/USD Stumbles as Geopolitical Uncertainty Continues The Pound US Dollar (GBP/USD) exchange rate is slipping today as Russia continues to escalate the war against Ukraine, stoking risk-off sentiment. At the time of writing, the GBP/USD exchange rate is trading at approximately $1.3380, down roughly by 0.2% from today’s opening...

GBP/USD Flat as Russia Invades Ukraine The Pound US Dollar (GBP/USD) exchange rate is trading in a narrow range today as investors remain wary of geopolitical developments. At the time of writing, the GBP/USD exchange rate is trading at approximately $1.3390, with minimal market movement from today’s opening levels. US Dollar...

GBP/USD Bolstered as UK PMI Flash Data Exceeds Predictions The Pound US Dollar (GBP/USD) exchange rate is trading higher today as the UK’s Markit manufacturing and services PMI for February print higher than expected. At the time of writing, the GBP/USD exchange rate is trading at approximately $1.3636, up roughly 0.3% from today’s...

GBP/USD Bolstered as UK Inflation Hits 30-Year-High The Pound US Dollar (GBP/USD) exchange rate is trading higher today as UK inflation exceeded market forecasts. At the time of writing, the GBP/USD exchange rate is trading at approximately $1.3567, roughly up 0.2% from today’s opening levels. Pound (GBP) Boosted as UK...

GBP/USD Exchange Rate Wavers above Opening Levels on UK Jobs Data The Pound US Dollar (GBP/USD) exchange rate is trending up this morning, having risen earlier in the session before dropping on mixed UK jobs data. Easing risk sentiment is also influencing trading, as Russian troops are reported to be withdrawing from the Ukrainian...

GBP/USD Trading Flat as UK GDP Q4 Misses Predictions The Pound US Dollar (GBP/USD) exchange rate is trading in a narrow range today as the UK GDP for the fourth quarter fell short of expectations. At the time of writing, the GBP/USD exchange rate is trading at approximately $1.3551, with minimal market movement from today’s opening...

GBP/USD Trading Higher Ahead of US Inflation Reading The Pound US Dollar (GBP/USD) exchange rate is edging higher today as US investors remain cautious ahead of this afternoon’s inflation reading. At the time of writing, the GBP/USD exchange rate is trading at approximately $1.3567, up roughly by 0.3% from today’s opening levels....

Pound US Dollar (GBP/USD) Exchange Rate Trends Sideways amid Risk-On Mood The Pound US Dollar (GBP/USD ) exchange rate has ticked upward today amid a mild risk-on sentiment throughout the markets, but remained rangebound since. A downturn in US bond yields has likely caused the US Dollar (USD) to slip against its peers. At time of...