GBP/USD settled just above a 1.5-week low after a week of losses driven by broad US Dollar strength, risk aversion, and mixed economic data. Weak UK growth and a cautious Bank of England stance contrasted with robust US data and a hawkish Fed, keeping downward pressure on the Pound.
GBP/USD recovered modestly after hitting a 1½-week low but still closed the week with losses. Dollar strength amid resilient US data and Fed hawkishness weighed on the Pound, while UK inflation and policy signals offered mixed support. Market caution persists as traders watch central banks and economic trends closely.
GBP/USD is expected to remain range-bound near 1.2700 ahead of key interest rate decisions from the Bank of England and the Federal Reserve. Markets await signals on potential rate cuts as recent economic data offers mixed guidance—consolidation likely until central bank clarity emerges.
GBP/USD remains range-bound between 1.2700 and 1.2850 as traders await key BoE and Fed meetings. Inflation data suggests easing pressures, but uncertainties on rate cuts keep the pair subdued. This week’s central bank decisions and guidance will be crucial for the next directional move. #Forex #GBPUSD
GBP/USD remains range-bound as markets await key BoE and Fed interest rate decisions. With inflation pressures and growth concerns on both sides, cautious trading is likely until central bank guidance provides clearer direction for the currency pair’s trajectory in 2025.
GBP/USD remains range-bound as markets await vital BoE and Fed decisions this week. Neither central bank is expected to cut rates immediately, but statements on future policy signals and economic outlooks will guide trader positioning. Key support at 1.2600, resistance near 1.2800. Stay tuned for updates. #Forex #GBPUSD
GBP/USD remains range-bound as markets await key BOE and Fed meetings at the end of July and early August. Investors focus on potential interest rate cuts amid easing inflation and mixed growth signals in the UK and US. Expect limited breakout unless central banks deliver surprises. #Forex #GBPUSD
GBP/USD remains range-bound between 1.2150 and 1.2250 ahead of key BoE and Fed meetings. Both central banks signal possible rate cuts later this year, but mixed economic data and political uncertainty keep the market cautious. Traders await clear policy cues to break out of the current low-volatility environment.
GBP/USD is likely to remain range-bound this week as traders await key central bank decisions. The Bank of England and the Federal Reserve face pressure to signal timing for possible rate cuts amid moderating inflation and slowing growth. Market focus will be on economic data and policy cues ahead of these pivotal meetings.
GBP/USD struggles to hold above 1.33 as US CPI falls to 2.8%. Easing US inflation adds complexity: while the Fed may lean toward easing later, strong yields support the dollar. Meanwhile, UK growth concerns and sticky inflation weigh on the Pound. Watch key resistance near 1.33 amid ongoing volatility. #Forex #GBPUSD #Economy
