Sustained USD weakness helped the Pound Sterling build on its recovery momentum, driving GBP/USD to test the 1.2550 level – its highest point in a month. The turnaround, however, was short-lived as ...

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The GBP/USD exchange rate pulled back slightly after the Federal Reserve interest rate decision and US GDP data. It dropped ...

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It’s a ‘Super Thursday’ as the BoE interest rate decision will accompany the quarterly economic forecasts, followed by Governor Andrew Bailey’s press conference. Later that day, the weekly US Jobless ...

At 06:15 ET (11:15 GMT), GBP/USD rose 0.2% to $1.2201, but has dropped over 3% over the last month in the wake of the UK gilts turmoil as yields soared. The recent rise in UK gilt yields has been ...