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T he British pound plunged against the euro and the US dollar as the market placed bets that the Bank of England will embrace a more dovish tone this year. The EUR/GBP exchange rate rose to 0.8350 ...

The Great British Pound (GBP) has outperformed other leading currencies in February amid positive economic data. The currency rallied by 1.8% against the U.S. dollar this month, making February ...

Sterling rallied against the US dollar on Thursday as markets weighed the implications of sweeping US import tariffs set to ...

The recovery rally looks credible as it is backed by a sharp drop in the implied volatility premium for the cheap out of the money GBP puts, risk reversals show. As of writing this article ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

UK GDP grew by 0.5% in February 2025, exceeding forecasts and showing the strongest growth in 11 months. Click to read.

The BoE is expected to hold rates at 4.5%, according to money market futures data. GBP/USD continued to trend up steadily, with no volatile movements so far, as traders await the Fed’s decision.