GBP in the spotlight: latest news

The Pound to Dollar exchange rate has fallen back to the 1.34 level after struggling to maintain 12-week highs, as renewed strength in the dollar has overshadowed other factors.

The EUR/GBP exchange rate remains below 0.87 due to ongoing euro weakness. Sellers are targeting a potential drop below the 200-day EMA, and the divergence in central bank policies is benefiting the British pound.

The GBP/CAD exchange rate reached its highest point since late October on Monday, climbing to 1.8689. This increase corresponds with a rise in the GBP/USD exchange rate. Traders are now aiming for a target of 1.8714 in the upcoming week.

The Pound to Euro (GBP/EUR) exchange rate remained stable on Monday as markets assessed new geopolitical concerns affecting the financial landscape.

The Pound to US Dollar (GBP/USD) exchange rate experienced an increase on Monday as markets responded to new worries regarding the future independence of the Federal Reserve under Chairman Jerome Powell.

GBP/USD continues to maintain support at 1.3401, with the intraday bias remaining neutral. A further rise is slightly favored, and a break above 1.3567 would indicate a continuation of the upward trend.

The Euro experienced a significant increase of approximately 0.5% in the early hours of Monday, as it approaches the 50-day EMA.

The exchange rate of the British Pound to the Euro remains steady near €1.15 as the value of the Dollar declines.

The British pound remains weak as the GBP/USD pair is testing crucial support at 1.34, even in light of disappointing US non-farm payroll data. Analysts are now questioning whether a decline towards 1.32 is imminent, highlighting important levels to monitor.

The GBP/USD exchange rate briefly approached the 1.34 mark following US jobs data that indicated a slowdown in payroll growth, despite a stronger unemployment rate. Analysts warn of potential risks for the Pound to sustain a decline below this key level.

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The Canadian Dollar remains stable against the British Pound, with the GBP/CAD trading near one-month highs. Traders are responding cautiously to mixed employment data from Canada and ongoing concerns regarding oil markets.

The GBP/USD weekly forecast shows a decline as the US dollar strengthens due to positive economic data, with attention shifting to the forthcoming US inflation report.

BofA analysts predict a stronger British pound in the future, as the EUR/GBP currency pair faces pressure leading into 2026.

The GBP/USD exchange rate declined on Thursday as a weakening global risk appetite prompted investors to shift back toward safer assets.

The GBP/JPY currency pair shows resilience, bolstered by the strength of carry trades and differing central bank policies. Traders are targeting the level of 215, contingent on sustained risk appetite following the release of US jobs data.

City Index reports that the bullish conviction for the GBP/USD currency pair is decreasing, highlighting the need for updated news, forecasts, exchange rate data, and transfer comparisons.

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The US dollar remains volatile following the release of the jobs report, which showed an increase of 50,000 jobs last month, falling short of the anticipated 65,000.

MUFG has forecasted that the GBP/EUR exchange rate will reach 1.11 during 2026-2027, driven by anticipated interest rate cuts from the Bank of England.

The Pound Sterling (GBP) experienced a significant decline against the US Dollar (USD), dropping from four-month highs of 1.3568 as it tests the weekly support levels.

The Euro has experienced a decline of over 1.6% from its December highs, with a two-week downturn nearing critical support levels. The EUR/USD weekly chart indicates that significant decisions are imminent.