Pound Sterling Price News and Forecast: GBP/USD climbs as tariff relief boosts market mood, all eyes on UK CPI
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GBP/USD climbs as tariff relief boosts market mood, all eyes on UK CPI
The Pound Sterling advances against the US Dollar on Tuesday due to an upbeat market mood, as traders are relieved of US reciprocal tariffs, which are expected to be targeted on some of the US trading partners. This weakened the Greenback as seen by the GBP/USD trading at 1.2950, up 0.22%. Read More...
Pound Sterling trades cautiously ahead of UK Spring Statement
The Pound Sterling (GBP) trades cautiously against its major peers on Tuesday. The British currency struggles as United Kingdom (UK) Chancellor of the Exchequer Rachel Reeves is prepared to unveil the Spring Statement on Wednesday. Read More...
GBP/USD holds steady above 1.2900 due to a technical pullback in US Dollar
GBP/USD remains stable around 1.2920 during Tuesday’s Asian session after gains in the previous session. However, the pair holds ground amid a downward correction in the US Dollar (USD). The Greenback strengthened, supported by robust S&P Services PMI data and cautious remarks from Federal Reserve officials. Read More...
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