British Pound

GBP/USD is nearing a fresh two-month-high and the pair can remain as one of the more attractive venues for a continuation of U.S. Dollar weakness.

British Pound surged 3.2% off the monthly low with a breakout of the September downtrend stalling into resistance. Battle lines drawn on the short-term technical charts.

The strong bullish trend in GBP/USD has pushed the pair up more than 2% over the last six trading sessions, with the pound leading the way as it benefits from the short-term depreciation of the U.S. dollar.

British Pound broke out of a multi-month downtrend with the rally extended nearly 4.4% off the yearly low. Battle lines drawn on the GBP/USD weekly technical chart.

The Bank of England cut rates last week but it was the two votes for a 50 bp cut that weighed on the currency on Thursday and Friday.

Sterling slammed back into pivotal support on the heels of the BoE with GBP/USD now poised for a February breakout. Battle lines drawn on the weekly technical chart.

British Pound nearly erased the monthly declines with GBP/USD carving a weekly opening-range ahead of the Fed. Battle lines drawn on the short-term technical charts.

It was a brutal start to 2025 for GBP/USD the past week and a half has been a bit more optimistic. But this bullish channel may turn out to be a bear flag.

British Pound rallied more than 2.1% off the November low with the GBP/USD now testing pivotal resistance. Battle lines drawn on the GBP/USD technical charts.

British Pound plunged for an eighth week with a 7% decline off the yearly high now testing the key support. Battle lines drawn on the GBP/USD weekly technical chart.

It was a brutal week for the British Pound, with fresh four-month lows in Cable as GBP/JPY put in a late-week breakdown.

British Pound plunged more than 3.2% off the monthly high with a break of the election range exposing key support. Battle lines drawn on the GBP/USD technical charts.

British Pound plunged nearly 4.8% off the yearly high with the bears now poised to challenge key trend support. Battle lines drawn on the GBP/USD weekly technical chart.

Sr. Technical Strategist Michael Boutros highlights the levels that matter on the USD Majors, commodities & stocks into the weekly open.

The Bank of England (BoE) is expected to lower Bank Rate by 25bp in November.

British Pound is attempting to break the April uptrend with GBP/USD testing pivotal support ahead of NFP. Battle lines drawn on the technical charts into November open.

British Pound plunged nearly 4% off the yearly high with a four-week decline taking GBP/USD to multi-month lows. Battle lines drawn on the weekly technical chart.