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GBPUSD - Pound hits two-month high as UK wage growth remains 'stubbornly high'
The pound rallied to a two-month high against the dollar on Tuesday morning, as data showed continued weakness in the UK jobs market.
GBP/USD: Any advance is unlikely to reach 1.3660 – UOB Group
Further Pound Sterling (GBP) strength appears likely; any advance is unlikely to reach 1.3660. In the longer run, price action suggests GBP could rise to 1.3635, potentially reaching 1.3660, UOB Group ...
UK Wage Growth Strengthens Inflation Outlook, Stalls BoE Policy Easing; GBP/USD Jumps
Strong UK wage growth and sticky inflation curb hopes for near-term BoE easing, raising speculation rate cuts may slip into 2026.
US Dollar Price Forecast: Slips to 9-Week Low Ahead Fed Rate Cut – GBP/USD and EUR/USD
The US Dollar Index slipped to a 3-week low at 97.20 as Fed rate cut bets rise. Traders now await Powell’s guidance and upcoming retail sales data.
British Pound Price Action Setups: GBP/USD, GBP/JPY, GBP/CAD, GBP/CAD
An unorthodox inverted head and shoulders pattern is forming on the GBP/USD daily chart, though its structure raises doubts unless the British pound breaks higher against the US dollar with conviction ...