The GBP/USD outlook remains mildly subdued amid concerns over the UK’s fiscal situation, as it awaits the release of US data. The pound sterling slipped lower as the UK government decided to drop the income tax rate hikes. The Empire State Manufacturing Index and commentary from FOMC and MPC officials will reveal further policy cues. …
The GBP/USD forecast shows a bearish bias amid weak UK GDP data and increased optimism around the US shutdown resolution. The GDP data revealed a 0.1% QoQ rise in Q3 of 2025 instead of the expected 0.2% figure. Traders await commentary from MPC Greene and FOMC officials for further impetus. The GBP/USD forecast shows a…
The GBP/USD weekly forecast remains mildly bullish as the US dollar weakens on a continued US government shutdown. The central bank is likely to move towards further easing, while the Fed stays data-dependent. Traders await GBP manufacturing and average earnings reports, along with the US consumer price index and retail sales the next week. The…
The GBP/USD forecast shows the pound trading lower amid the BoE’s dovish policy stance. The BoE kept rates unchanged at 4%, increasing the probability for easing in the coming months. Traders await the US preliminary UoM reports and commentary from FOMC and MPC members for further policy cues. The GBP/USD forecast shows the pair trading…
The GBP/USD outlook shows the pound trading cautiously against a subdued dollar ahead of the Bank of England’s decision. Despite the upbeat US ADP data at 42K, the ongoing US government shutdown limits the dollar’s upside. Traders await the BoE monetary policy meeting with the MPC members’ vote split. The GBP/USD outlook remains range-bound, with…
The GBP/USD outlook remains subdued as a firmer dollar weighs on the pound. Dovish BoE amid worse economic data continues to weaken the sterling. Traders await the commentary from FOMC’s Bowman and MPC’s Breeden for further policy cues. The GBP/USD outlook reflects a downside bias, marking its six-month lows under 1.3100 on Tuesday. The move…
The GBP/USD forecast reveals weakness amid the UK fiscal uncertainty. The US dollar edged up as Chair Powell came up with a cautious tone for a December cut. Traders await the BoE interest rate decision and US NFP data next week. The GBP/USD weekly forecast reflects a persistent bearish bias, closing the week at 1.3140….
The GBP/USD forecast shows the pair stabilized under 1.1350 amid the diverging policy decisions by the Fed and BoE. The UK inflation data, fiscal concerns, and softer retail sales data weigh the pound. Traders await commentary from FOMC Members Hammock, Logan, and Bostic for further policy cues. The GBP/USD forecast shows a steady movement, trading…
The GBP/USD forecast shows the pound steady amid improved sentiment and a less dovish Fed. Chair Powell reduced interest rates by 25 bps on Wednesday but provided no clarity on another cut in December. Traders look forward to FOMC members Bowman and Logan’s speeches for further Fed policy direction. The GBP/USD forecast reflects a downward…
The GBP/USD forecast recovered briefly as the dollar weakened. The latest UK retail sales and flash S&P Global PMI boosted the pound, reducing the probability of a rate cut by the BoE. Traders look ahead to the US HPI Y/Y and Consumer Confidence for further impetus. The GBP/USD price halted its six-day losing streak, trading…