The Pound to New Zealand Dollar (GBP/NZD) exchange rate climbed to a two-week high last week as concerns over UK political instability eased, although Sterling surrendered part of its advance after a series of disappointing UK economic releases. Latest — Exchange Rates:Pound to New Zealand Dollar (GBP/NZD): 2.30464 (+0.09%)Euro to New.
With the stable Middle East truce reducing geopolitical risk premium, the Dollar gained ground amid shifting risk sentiment. DXY maintained bullish structure above $99.08, EUR/USD faced pressure below $1.166, and GBP/USD held steady at $1.3472.
GBP/USD retreated slightly on Tuesday after a positive Monday, moving down to 1.3486. The market continues to assess the economic data released late last week.
The Pound to Euro (GBP/EUR) exchange rate advanced strongly last week as easing political tensions in the UK helped Sterling outperform a Euro weighed down by weak Eurozone business activity data. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.15908 (-0.06%)Pound to Dollar (GBP/USD): 1.34786 (-0.12%)Euro to Dollar (EUR/USD): 1.16288.
Pound Sterling Price News and Forecast: GBP/USD erodes a part of Monday's gains
GBP/USD Price Forecast: Depressed below 1.3500 on firmer USD; bullish potential intact
The British Pound found support near 1.3300 against the US Dollar. GBP/USD formed a base and started a steady increase above the 1.3380 resistance.
Pound Sterling Price News and Forecast: GBP/USD rises toward 1.3500
Pound Sterling Price News and Forecast: GBP/USD holds onto gains near 1.3500 amid risk-on mood
GBP/USD Price Forecast: Holds onto gains near 1.3500 amid risk-on mood
British Pound: Upside risk to 1.3530 against US Dollar – UOB
With the stable Middle East truce reducing geopolitical risk premium, the Dollar gained ground amid shifting risk sentiment. DXY maintained bullish structure above $99.03, EUR/USD faced pressure below $1.166, and GBP/USD held steady at $1.3485.