GBP/USD Price Forecast: Declines below 1.3550, while maintaining bullish bias above 100-day SMA
Pound Sterling Price News and Forecast: GBP/USD edges higher as USD softens ahead US jobs data
Pound-New Zealand Dollar could face further pressure if the RBNZ raises rates, while cautious BoE signals may leave Sterling vulnerable. The Pound New Zealand Dollar (GBP/NZD) exchange rate was volatile last week, with the pairing eventually sliding to a 12-week low.
The Pound-Australian Dollar rate could rebound if Australian GDP stalls, although firm RBA rate hike expectations may keep the Aussie supported. Last week saw the Pound to Australian Dollar (GBP/AUD) exchange rate strike its worst levels since late June amid a notably hawkish uptick in Reserve Bank of Australia (RBA) interest rate hike.
Pound Sterling Price News and Forecast: GBP/USD finds ground slightly below 20-day EMA
GBP/USD Price Forecast: Finds ground slightly below 20-day EMA
GBPUSD also managed to drop past the target of 1.3560. As we see from the chart, the Intraday support at 1.3520 could keep the chances for another rebound toward 1.3675.
British Pound: Downside risks with 1.3480 in sight against US Dollar – UOB
The Pound-Dollar rate has fallen back to 1.3534 after Jackson Hole, but UBS still sees Sterling at 1.40 by December and 1.41 through much of 2027. The Pound to Dollar (GBP/USD) exchange rate ended Friday at 1.3534, down 0.46% after Kevin Warsh revived expectations for another Federal Reserve rate increase.
Pound Sterling Price News and Forecast: GBP/USD tumbles as Warsh revives Fed hike bets
GBPUSD also managed to hold below the resistance of 1.3675 while managing to hit a correction to move towards the target and support at 1.3560. As long as the market holds above the 1.3560 support, the advance scenario could return.
British Pound: Energy-driven inflation risks support GBP against US Dollar – MUFG