GBP in the spotlight: latest news

This week's Forex forecast provides an in-depth market analysis focusing on key currency pairs: the US Dollar against the Japanese Yen, the US Dollar against the Swiss Franc, the Australian Dollar against the US Dollar, and the Euro against the British Pound. Traders should pay close attention to significant breakouts and price levels in these pairs.

This webinar provides a detailed analysis of the technical trading levels for the US Dollar (DXY), Euro (EUR/USD), British Pound (GBP/USD), and Australian Dollar, among others.

The Pound Sterling (GBP) has seen a reversal of early gains, resulting in a decline against the US Dollar (USD) and reaching seven-week lows in the GBP/USD exchange rate.

The GBP/USD exchange rate remains stable around 1.3400, as concerns about the UK's fiscal situation continue to pose challenges for the currency.

The pound to euro exchange rate (GBP/EUR) is expected to face continued pressure this week, according to forecasts from PoundSterlingLIVE.

The exchange rate between the Pound and the Australian Dollar (GBP/AUD) experienced fluctuations last week due to multiple data releases from the UK and Australia.

GBP/USD has seen an upward trend for the second consecutive session, currently trading at approximately 1.3440 during the Asian trading hours on Monday. However, the short-term price momentum appears to be weakening as it approaches the nine-day EMA barrier.

The upcoming week for the Pound-to-New Zealand Dollar exchange rate is expected to see new highs, although the currency may be considered overbought.

The GBP/NZD exchange rate faced challenges last week as disappointing UK data releases negatively impacted the Pound. Traders are now awaiting upcoming UK GDP figures and New Zealand confidence data for further direction.

The Pound to US Dollar (GBP/USD) exchange rate experienced significant selling pressure last week as investors adjusted their expectations regarding Federal Reserve interest rate cuts.

The pound to dollar exchange rate (GBP/USD) is expected to increase in the coming days, but this rise may be short-lived as upcoming U.S. data could surpass expectations, putting pressure on the exchange rate.

The GBP/EUR exchange rate remained relatively stable on Monday after the release of the latest economic sentiment data from the Eurozone. Market participants are now awaiting important German data and speeches from the Bank of England for further direction.

GBP/USD has continued to rise following Friday's gains, trading positively above 1.3400 during the European morning on Monday. However, the pair still remains below significant resistance levels.

The Euro is experiencing slight declines for the second day in a row, currently trading around 0.8750 against the British Pound.

The outlook for the Pound to Euro exchange rate (GBP/EUR) is facing challenges, hovering around 1.1430 due to concerns in the bond market and fiscal issues affecting Sterling.

The GBP/EUR exchange rate remained stable on Monday, holding near €1.146, even in the face of stronger-than-expected sentiment data from the Eurozone.

The GBP/EUR exchange rate dropped to a two-month low last week due to increasing concerns regarding the UK's economic prospects. Meanwhile, attention is focused on the upcoming Eurozone inflation data and the UK's GDP figures.

The forecast for the Pound-to-Euro exchange rate indicates that the Euro is anticipating upcoming inflation data from the Eurozone, while the British Pound is focused on the UK’s GDP figures.

The GBP/USD exchange rate increased on Monday as positive risk sentiment exerted downward pressure on the US Dollar.

The key economic event in the UK this week will be the release of the second-quarter GDP data. Unless there is a revision to the finalized growth figures, this report is expected to have significant implications for the market.

The Pound to Euro (GBP/EUR) exchange rate is facing pressure as the sentiment around Sterling remains weak. Concerns over fiscal policies and uncertainty regarding tariffs are contributing to this vulnerability, while the Euro is gaining strength.

The Pound to Dollar (GBP/USD) exchange rate continues to face pressure due to concerns over the UK budget and fiscal risks that are influencing investor sentiment. An investment bank predicts the exchange rate will fluctuate within the range of 1.3320 to 1.3420.

The Euro has fallen below its yearly uptrend, with the EUR/USD experiencing a nearly 1.9% decline from its multi-year highs following the post-FOMC reversal this week.

A slight rise in business activity within the Eurozone did not significantly impact the EUR/USD exchange rate, yet investors appeared to respond more positively to the news.

GBP/JPY continues to rise for the second consecutive session, hovering around 199.70 during European trading on Tuesday. The pair is testing the nine-day EMA barrier as it approaches the key level of 200.00 ahead of the upcoming UK PMI figures.