About 9.5% of daily trades. Referred to as “Cable,” it’s volatile but widely traded due to the strength of the UK and U.S. economies
GBP/USD edges lower near 1.2740 as markets focus on the Fed’s rate cut outlook. Investor caution grows amid resilient US economic data and uncertainty over the timing and pace of Fed easing. With BoE and Fed decisions approaching, traders weigh both domestic and global factors ahead.
Gold has entered a new structural phase following a weekly close above $2,350. This technical breakout, supported by persistent inflation concerns, dovish central bank policies, geopolitical tensions, and ongoing central bank purchases, signals a bullish outlook. Key technical indicators point to higher targets ahead, confirming renewed investor appetite for gold as a safe haven and portfolio diversifier.
GBP/USD gains momentum as the US dollar weakens amid diverging rate paths between the Fed and BoE. Persistent UK inflation and strong wage growth support further BoE tightening, while easing US data shifts expectations toward a Fed pause. Traders eye wider interest rate differentials fueling sterling’s appeal.
GBP/USD climbs toward 1.2800 as the Dollar weakens on diverging central bank paths. The Bank of England’s caution contrasts with the Federal Reserve’s dovish signals, boosting Sterling amid robust UK wage growth and softer US inflation. Upcoming UK inflation and US jobs data will be key to sustaining the rally.
GBP/USD ended 2025 with subdued moves amid thin year-end liquidity. Heading into Dec 28–Jan 2, watch for volatility spikes as markets re-engage post-holidays. Key drivers include Fed signals on policy shift, UK inflation persistence, and geopolitical uncertainties. Technically, the pair sits near crucial support at 1.2650 and resistance near 1.2780–1.2800. Traders should monitor these levels for clues on early 2026 direction.
GBP/USD heads into the final trading week of 2025 stuck in a broad range between 1.2600 support and 1.2950 resistance. With holiday liquidity thin and major data scarce, expect choppy price action as market participants position for the new year. Watch for a potential breakout from this channel, but remain cautious of false moves amid subdued momentum.
Credit: Adam Lemon, DailyForex.com
GBP/USD remains steady above 1.35 as the Fed’s recent rate cut overshadows leadership changes at the Fed. Market focus shifts to the divergence between the Bank of England’s hawkish stance and the Fed’s dovish pivot, supporting the Pound’s resilience against the USD. Traders eye 1.37 resistance and broader Fed policy signals for near-term direction.
— By TradingNews.com Staff
GBP/USD holds firm above 1.35 as the Fed’s surprise rate cut outweighs uncertainty over the next Fed Chair. With the Bank of England’s steady stance and improving UK data, the pound shows resilience amid mixed economic signals and shifting monetary policies. #Forex #GBPUSD #Fed
GBP/USD holds firm above 1.35 as market focus shifts from hawkish Fed Chair comments to expectations of a Fed rate cut. UK’s economic resilience and vaccine progress support the pound amid ongoing volatility. Central bank divergence and global risk sentiment remain key drivers to watch.
Read more: https://www.tradingnews.com/news/gbp-usd-price-forecast-pound-holds-1-35-fed-cut-trumps-fed-chair
Pound sterling holds above 1.35 against the US dollar as markets weigh growing bets on a Federal Reserve rate cut over Fed Chair Powell’s future. Diverging rate outlooks and UK economic resilience support GBP/USD amid shifting Fed policy expectations.
