GBP/USD

Forex Market Update (Sept 3, 2025): The US dollar showed mixed reactions to economic data, Euro struggled amid weak eurozone indicators, and the Japanese yen gained safe-haven demand. The British pound held steady ahead of the BoE meeting. Market watchers remain alert to central bank signals and geopolitical developments.

Original Article Credit: Mitrade News Team
Source: https://www.mitrade.com/insights/news/live-news/article-1-1090053-20250903

GBP/USD eased despite stronger-than-expected UK services data as traders focus on this week’s critical Fed policy clues. Sterling’s inability to hold gains highlights caution around the Bank of England’s outlook amid ongoing economic slowdown. Key levels near 1.2700 and 1.2600 will be in focus.
— Mitrade News Team / Mitrade.com

The U.S. dollar gains ground as Treasury yields rise, reflecting confidence in the dollar amid mixed global economic signals. EUR/USD dips below key support, GBP/USD tests downside risks with lingering BOE caution, USD/CAD shows resilience on stronger U.S. data, and USD/JPY responds to safe-haven flows and BoJ policy chatter. Watch closely as rates and central bank moves continue shaping near-term FX trends. Analysis by Vladimir Zernov, FXEmpire.

The U.S. dollar is gaining ground as Treasury yields climb, reflecting expectations that the Federal Reserve will keep rates higher for longer. This dynamic is pressuring EUR/USD and GBP/USD lower amid dovish signals from the ECB and BoE, while supporting USD/CAD and USD/JPY. With sticky inflation and resilient labor markets underpinning the dollar, traders should watch key technical levels and central bank cues closely as global divergences drive forex volatility.

GBP/USD is under pressure as UK gilt yields surge but fail to support sterling, while the US dollar rebounds on resilient economic data and Fed policy caution. Diverging central bank signals and risk sentiment keep the pound on the back foot. Key technical levels will guide near-term direction. #Forex #GBPUSD

European banks remain constructive on EUR/USD and GBP/USD over the medium to long term, supported by economic recovery and monetary policy convergence. However, near-term caution prevails due to soft Eurozone and UK data, uncertain timing of rate cuts, US dollar strength, and geopolitical risks. Traders should navigate upcoming quarters with a balanced view as these factors unfold.

GBP/USD has tumbled recently, breaking key supports near 1.2700 amid a shift in BoE rate expectations and strong US dollar momentum. Technical indicators signal bearish momentum with resistance now around 1.2700–1.2735. Traders should watch for further downside risks as market sentiment turns cautious on the pound. Insights via Kenny Fisher at Action Forex.

Pound Sterling gains momentum against the US Dollar, edging closer to the 1.35 mark as UK economic data outperforms and the US dollar softens. All eyes now on the upcoming ISM PMI report, which could shape the GBP/USD outlook amid shifting monetary policies. #Forex #GBPUSD #CurrencyForecast

Pound to US Dollar (GBP/USD) nears the key 1.35 level as markets await crucial US ISM PMI data. With UK economic resilience balancing BoE’s cautious outlook and the Fed’s rate decisions under close watch, volatility may increase ahead. Traders focus on inflation, growth, and policy signals shaping currency moves through 2024.

GBP/USD hovers near 1.35 as markets await the US ISM Manufacturing PMI. Strong UK data and a cautious Bank of England stance contrast with softer US figures, fueling expectations of Fed rate cuts. Volatility likely to rise as traders digest key economic releases. #FX #GBPUSD