Pound Sterling consolidates against US Dollar ahead of Trump’s tariffs announcement

The Pound Sterling trades in a tight range around 1.2900 against the US Dollar as US President Trump is scheduled to unveil the reciprocal tariff plan. Trump’s tariff agenda is expected to address unfair practices by his trading partners. Easing UK wage growth momentum could pave the way for more BoE interest rate cuts. The Pound Sterling (GBP) trades sideways…

GBP/USD lacks any firm intraday direction; confined in a range

GBP/USD flat lines above 1.2900 mark as traders await Trump’s tariffs announcement The GBP/USD pair struggles to capitalize on the overnight bounce from the vicinity of the 1.2870 support zone, or a multi-week low touched last Thursday, and oscillates in a narrow band during the Asian session on Wednesday. Spot prices currently trade around the 1.2915-1.2920 region, nearly unchanged for…

Currency Waves: Market Braces for Trump’s Tariff Announcement

The dollar firmed slightly on Wednesday as global markets awaited U.S. President Donald Trump's announcement on new tariffs. Traders held their breath, expecting potential shifts in the currency landscape based on the details of Trump's trade strategy.The euro and sterling remained stable, with the euro buying $1.0792 and sterling holding at $1.2924, as anticipation built around the scheduled White…

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GBP/USD Forecast: Pound Sterling struggles to gain traction as mood sours Following…

Pound Sterling weakens against US Dollar ahead of Trump’s reciprocal tariffs

The Pound Sterling falls to near 1.2900 against the US Dollar amid caution…

Pound Sterling gains while Trump sets to unveil reciprocal tariffs

The Pound Sterling trades sideways near 1.2940 against the US Dollar as…

Pound Sterling consolidates against US Dollar as Trump’s reciprocal tariffs take centre stage

The Pound Sterling trades sideways near 1.2940 against the US Dollar as…