GBP/USD Outlook: Pound Holds Steady Under 1.3100 Ahead of BoE Decision

The USD/CAD outlook shows the dollar rising amid optimism over an extension of the US-China trade truce. China and the US agreed to extend their trade truce by another 90 days. Forecasts show that the annual US CPI figure might increase by 2.8%.  The USD/CAD outlook shows the dollar rising amid optimism over an extension……

Gold forecast remains firm under the 2-week highs amid a weaker dollar. Fed rate cut odds continue to support the bullish bias for gold. Institutional demand keeps the gold aiming for $4,900 in 2026. Gold forecast remains stable on Thursday after profit-taking hit near two-week highs in the previous session. The price is now hovering……

The EUR/USD forecast indicates a pullback in the euro at the start of the week. Trump met Russia’s Putin on Friday and said the leader is more willing to work on a peace deal. The dollar recovered as Fed rate cut bets eased. The EUR/USD forecast indicates a pullback in the euro as market participants……

The EUR/USD forecast remains bullish as the dollar weakened further following the release of dismal ADP and Services PMI data. The ECB’s neutral monetary policy diverges from easing Fed support, with EUR/USD poised for upside. Markets await the US Jobless Claims and PCE inflation report data ahead. The EUR/USD forecast edges higher as the US……

GBP/USD outlook tilts bearish as FOMC minutes reveal a hawkish stance. Budget constraints and BoE rate cut odds weigh on the pound. Markets await US NFP and UK PMI data to gauge economic strength and reposition accordingly. The GBP/USD outlook remains under selling pressure during Thursday’s London session, dropping below 1.3050 before finding mild support…….

The EUR/USD outlook reflects range-bound momentum, backed by a resilient euro but limited by USD strength. The ECB navigates a divided stance among policymakers about the timing of easing, as sticky inflation limits the chances of early rate cuts. Traders look ahead to the US manufacturing PMI and manufacturing prices for directional bias.  The EUR/USD……