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GBP exchange rate
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Divided Consensus Ahead of Bank of England’s Interest Rate Decision
Market participants remain divided on the imminent interest rate decision by the Bank of England (BoE), scheduled for Thursday. The...
Read moreGBP/USD Recovers, Eyes Key Resistance Amid Consolidation Phase
The GBP/USD pair has retraced its recent losses, trading around 1.2840 during the Asian session on Wednesday. Analysis of the...
Read moreGBP Faces Potential Downward Bias
The Pound Sterling (GBP) is expected to trade within a range of 1.2810 to 1.2890, with a potential downward bias...
Read moreGBP Expected to Continue Downward Trend Towards 1.2780
The Pound Sterling (GBP) is anticipated to maintain a downward trajectory, with analysts from UOB Group FX, Quek Ser Leang...
Read moreGBP’s main support level of 1.2780 is expected to remain out of reach
UOB Group FX analysts Quek Ser Leang and Peter Chia indicate that recent momentum suggests continued weakness for the Pound...
Read moreGBP/JPY Under Pressure as Market Sentiment Shifts
The GBP/JPY currency pair is experiencing downward pressure, trading at approximately 196.65 during the early European session on Thursday. This...
Read morePound Sterling Rebounds on Strong PMI Data
The Pound Sterling (GBP) saw a significant rebound against its major peers during Wednesday’s London session, buoyed by positive preliminary...
Read moreGBP Holds Key Support Against US Dollar Amid Economic Data Focus
The Pound Sterling (GBP) continues to hold the crucial support level of 1.2900 against the US Dollar (USD) in Tuesday’s...
Read morePound Sterling Set for Consolidation Within Range, Say UOB FX Strategists
The Pound Sterling (GBP) is poised for a potential rebound, but any upward movement is unlikely to surpass 1.2980, according...
Read moreGBP Forecast: Short-Term Drop Expected Before Stabilization
According to UOB Group FX analysts Quek Ser Leang and Lee Sue Ann, the British Pound Sterling (GBP) is projected...
Read moreGBP/JPY Rebounds from Three-Week Low Amid Speculation on Japanese Intervention
The GBP/JPY cross saw a robust intraday recovery on Thursday, bouncing back from a three-week low touched during the Asian...
Read moreGBP/JPY Trades Stronger Ahead of Key UK CPI Data
The GBP/JPY cross is trading stronger near 205.50 during the Asian session on Wednesday, buoyed by selling pressure around the...
Read moreGBP Poised for Rangebound Trading with Potential Upside
The Pound Sterling (GBP) is expected to trade within a narrow range of 1.2940 to 1.2995, according to FX strategists...
Read moreGBP Holds Ground Below 1.3000 Amid Fed Rate Cut Expectations
London— The Pound Sterling (GBP) continues to hover just below the psychological resistance level of 1.3000 against the US Dollar...
Read moreGBP Rises on Softer US Inflation and UK Political Stability
The Pound Sterling (GBP) has maintained gains slightly above the 1.2900 level against the US Dollar (USD) during Friday’s London...
Read moreGBP Strengthens, Eyes Next Resistance Amid Upside Momentum
Currency analysts from UOB Group, Quek Ser Leang and Peter Chia, observe ongoing bullish sentiment for the Pound Sterling (GBP),...
Read moreGBP Gains Against US Dollar Amid Fed Rate Cut Speculation
The Pound Sterling (GBP) rose against the US Dollar (USD) in Wednesday’s London session following a slight correction from a...
Read moreGBP/USD Holds Above 1.2800 Amid Fed Focus and UK Data Anticipation
In the London session on Tuesday, the Pound Sterling (GBP) maintains levels above 1.2800 against the US Dollar (USD), with...
Read moreGBP Strength Predicted Amid Overbought Levels
Further appreciation of the Pound Sterling (GBP) is anticipated, despite approaching overbought levels, according to UOB Group FX strategists. The...
Read moreGBP Extends Winning Streak Amid Labour Party Victory
The Pound Sterling (GBP) continued its upward trend on Friday following news that the Labour Party secured a substantial majority...
Read moreRecent Posts
Is There a £500 Note in England? An In-Depth Look
The world of currency is vast, with numerous banknotes and coins circulating in various countries. In the United Kingdom, the...
What to Do with Old Coins in the UK: A Simple Guide
Old coins have always held an enduring appeal in the UK, whether due to their historical value, unique design, or...
Are Old £10 British Notes Still Legal Tender?
The British pound (£) is one of the most widely recognized currencies in the world, and the British currency system...
Which UK Bank Notes Are Going Out of Circulation?
The UK has a rich history of currency, and its banknotes have long been integral to the country’s economy. In...
What Is Dollar to Pound Rate?
The foreign exchange market is a vibrant and complex global marketplace where currencies are traded. Among the vast array of...
What Is Pound Rate in Rupees?
The UK and India have long - standing trade and investment ties. Many British companies operate in India, and Indian...
What Is the Euro to the Pound Sterling?
The foreign exchange market, often abbreviated as forex, is the largest and most liquid financial market globally, with a daily...
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