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Home Markets Forex

Pound Sterling Price News and Forecast: GBP/USD slips below 1.33 as US consumer sentiment turns negative

May 17, 2025
in Forex
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GBP/USD slips listed below 1.33 as United States customer belief turns unfavorable, improves USD

The Pound Sterling retreats versus the United States Dollar throughout the North American session, poised to end the week with very little losses of over 0.24%. A missing financial docket in the UK on Friday left traders adrift to United States information, which exposed that customers are ending up being downhearted about the economy. The GBP/USD trades at 1.3276, down 0.39%. Learn more …

Pound Sterling damages versus USD even as Michigan Belief information slides once again

The Pound Sterling (GBP) turns upside down listed below 1.3330 versus the United States Dollar (USD) in Friday’s North American session. The GBP/USD set quits intraday gains and turns unfavorable as the United States Dollar (USD) claws back losses after the release of the initial United States Michigan Customer Belief Index (CSI) and the Customer Inflation Expectations information for Might. Learn more …

GBP USD 2025 05 16 12 47 00 1747381614575

GBP/USD wanders greater above 1.3300 on softer United States Dollar, positive UK GDP information

The GBP/USD set edges greater to around 1.3310 throughout the Asian trading hours on Friday. The Greenback damages versus the Pound Sterling (GBP) as drawback surprises in the United States financial information today raise bets of more Federal Reserve ( Fed) rate cuts this year. Traders will watch on the initial University of Michigan Customer Belief Index, in addition to the United States Structure Allows, Real Estate Begins, which are due later Friday. Learn more …

Source: FXstreet.

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