🇬🇧 Pound Bulls Run Into Technical and Dollar Headwinds Sterling faced headwinds last week as supportive fundamentals collided with firm technical resistance. The Pound started 2026 strongly, gaining against both the Euro and the Dollar. Against the Euro, persistent UK inflation pressures have scaled back expectations for Bank of England rate cuts, lending support to […]
🇬🇧 Sterling Rallies on Strong Data as BoE Rate-Cut Expectations Fade Last week, the pound recorded strong gains against the US dollar, rising over 1.5%, while advances versus the euro were also firm at more than 0.4%. The week opens with GBP/USD above 1.36 and GBP/EUR near 1.15. Sterling’s recovery gathered pace after data showed […]
🇬🇧 Stable as Growth Data Reassures, but Upside Remains Limited Last week, GBP posted modest losses against the US dollar while remaining broadly stable versus the euro, despite stronger than expected UK GDP data. Three-month GDP growth to November 2025 was +0.1%, supported by a rebound in manufacturing following Jaguar Land Rover’s production restart after […]
