GBP/USD

2022 - 9 - 26

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Pound Sterling Price News Forecast: GBP/USD retreats towards ... (FXStreet)

GBP/USD fades bounce off the all-time low marked on Monday, easing to 1.0670 during the early Asian session on Tuesday, as pessimism surrounding the U.

Gold clings to daily gains above $1,630 on Tuesday. GBP/USD extended its daily recovery and climbed above 1.0800 on Tuesday. Turnaround Tuesday is the favourite term of media analysts, and it may actually come to pass if initial signs are held. EUR/USD continues to trade in positive territory above 0.9650 in the early American session on Tuesday. [Read more...](https://www.fxstreet.com/analysis/gbp-usd-forecast-will-bears-stay-on-sidelines-amid-boe-speculation-202209260854) The author makes no representations as to the accuracy, completeness, or suitability of this information. The author has not received compensation for writing this article, other than from FXStreet. Daily Pivot Point R3 Daily Pivot Point S3 Daily Pivot Point S2 GBP/USD fades bounce off the all-time low marked on Monday, easing to 1.0670 during the early Asian session on Tuesday, as pessimism surrounding the UK remains intact. Daily Pivot Point S1

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British Pound on Edge as BoE Does Little to Allay Concerns. Where ... (DailyFX)

The British Pound is under siege as the Bank of England signals no action for now despite fiscal and monetary policy disparity undermining them.

[ Recommended by Daniel McCarthyHow to Trade GBP/USD](https://www.dailyfx.com/free-trading-guides#forecastschoices=HOW_TO_TRADE_GBPUSD) [USD/JPY](https://www.dailyfx.com/usd-jpy) approached 145. The loosening of fiscal policy at this stage of the cycle is also in stark contrast to other developed markets where repaying pandemic debt accumulation is a typical feature. In a statement released by BoE Governor Andrew Bailey yesterday, they hosed down speculation of a change in interest rates or FX intervention. According to the OECD, the UK is already one of the more deregulated countries in the world. The worry for markets from the announcement of these tax cuts is the ability of the UK government to fund their debt without paying away a significant risk premium.

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