Pound Price Forecast: Upcoming BoE Expectations Keep GBP Subdued

United States News News

Pound Price Forecast: Upcoming BoE Expectations Keep GBP Subdued
United States Latest News,United States Headlines
  • 📰 DailyFX
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

GBP prices stay suppressed ahead of both the Fed and BoE interest rate decisions later this week.

We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.a registered Introducing Broker with the Commodity Futures Trading Commission and is no longer a Member of the National Futures Association in the U.S. Any and all information provided by FXP is not intended for use by U.S. residents or individuals domiciled in the U.S.

This information is made available for informational purposes only. It is not a solicitation or a recommendation to trade derivatives contracts or securities and should not be construed or interpreted as financial advice. Any examples given are provided for illustrative purposes only and no representation is being made that any person will, or is likely to, achieve profits or losses similar to those examples.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

DailyFX /  🏆 305. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GBP/USD Price Analysis: Consolidates above 1.2100 ahead of Fed, BoE decisionsGBP/USD Price Analysis: Consolidates above 1.2100 ahead of Fed, BoE decisionsGBP/USD hovers around the 1.2120 level with a negative tone during the Asian session on Monday. The pair moves sideways ahead of the policy meetings o
Read more »

Pound Sterling remains calm as focus shifts to BoE monetary policy meetingPound Sterling remains calm as focus shifts to BoE monetary policy meetingThe Pound Sterling (GBP) struggles to find a direction on Monday as investors await the interest rate decision from the Bank of England (BoE) for furt
Read more »

EUR/GBP extends gains near 0.8720 ahead of German dataEUR/GBP extends gains near 0.8720 ahead of German dataEUR/GBP extends gains on the second successive day, trading near 0.8720 during the early European session on Monday. The cross pair receives upward su
Read more »

GBP/USD: Strong Dollar to keep Cable not far from the 1.2050/2100 support regionGBP/USD: Strong Dollar to keep Cable not far from the 1.2050/2100 support regionSterling is trading slightly on the soft side ahead of Thursday's Bank of England (BoE) policy meeting. Economists at ING analyze GBP outlook. EUR/GBP
Read more »

GBP/USD still risks a drop to 1.2040GBP/USD still risks a drop to 1.2040GBP/USD maintains the downside pressure well in place and could revisit the 1.2040 zone in the near term, note UOB Group’s Markets Strategist Quek Ser
Read more »

GBP/USD struggles for a firm direction, remains on the defensive around 1.2100 markGBP/USD struggles for a firm direction, remains on the defensive around 1.2100 markThe GBP/USD pair continues with its struggle to gain any meaningful traction and oscillates in a multi-day-old trading range, around the 1.2100 mark d
Read more »



Render Time: 2025-02-22 02:42:18