Pound Sterling Price News and Forecast: GBP/USD pauses after sell-off on Middle East crisis
|GBP/USD pauses after sell-off on Middle East crisis inspired USD haven demand
GBP/USD stalls and seesaws between tepid gains and losses in the 1.3280s on Wednesday after falling a whole cent on the previous day, when the US Dollar (USD) strengthened as a result of a rise in safe-haven flows due to an escalation of the conflict in the Middle East. Read More...
GBP/USD remains below 1.3300 as risk aversion grows due to rising geopolitical tensions
GBP/USD remains tepid following the losses registered in the previous session, trading around 1.3280 during the Asian hours on Wednesday. This downside could be attributed to the risk aversion due to the rising geopolitical tensions in the Middle East, which undermines the risk-sensitive Pound Sterling (GBP) and GBP/USD pair. Read More...
BoE FPC: Risks to UK financial stability are broadly unchanged since June
The Bank of England (BoE) Financial Policy Committee (FPC) said in a quarterly statement on Wednesday, the “risks to the UK financial stability are broadly unchanged since June. Read More...
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