The post GBP/USD extends gains as traders eye Fed-BoE decisions appeared on BitcoinEthereumNews.com. GBP/USD Price Analysis: Pound extends gains as traders eye The post GBP/USD extends gains as traders eye Fed-BoE decisions appeared on BitcoinEthereumNews.com. GBP/USD Price Analysis: Pound extends gains as traders eye

GBP/USD extends gains as traders eye Fed-BoE decisions

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

GBP/USD Price Analysis: Pound extends gains as traders eye Fed-BoE decisions

The GBP/USD pair is trading near the 1.3350 price region on Tuesday, striking a bullish tone as investors continue to move away from the US Dollar (USD) ahead of the Federal Reserve (Fed) monetary policy decision on Wednesday. Read More…

Pound Sterling underperforms against its peers as Fed-BoE policy takes centre stage

The Pound Sterling (GBP) trades lower against its major currency peers, except the New Zealand Dollar (NZD), is down 0.27% to near 1.3280 against the US Dollar during the European trading session on Tuesday. The British currency faces selling pressure amid uncertainty surrounding the Bank of England’s monetary policy announcement on Thursday. Read More…

GBP/USD Price Forecast: Tests 1.3300 support as bearish bias prevails

GBP/USD inches lower after registering nearly 0.75 gains in the previous session, trading around 1.3310 during the Asian hours on Tuesday. The short-term bias stays mildly bearish as spot holds below the declining nine-day Exponential Moving Average (EMA) and now trades under the flatter 50-day EMA, signalling fading upside momentum. The recent sequence of lower closes from the 1.36 area and failure to reclaim the short-term average confirms that rallies remain vulnerable to renewed downside interest. Read More…

Source: https://www.fxstreet.com/news/pound-sterling-price-news-and-forecast-gbp-usd-extends-gains-as-traders-eye-fed-boe-decisions-202603171602

Market Opportunity
Ucan fix life in1day Logo
Ucan fix life in1day Price(1)
$0.0003347
$0.0003347$0.0003347
+2.07%
USD
Ucan fix life in1day (1) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Tether CEO Delivers Rare Bitcoin Price Comment

Tether CEO Delivers Rare Bitcoin Price Comment

Bitcoin price receives rare acknowledgement from Tether CEO Ardoino
Share
Coinstats2025/09/17 23:39
China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

The post China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise appeared on BitcoinEthereumNews.com. China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise China’s internet regulator has ordered the country’s biggest technology firms, including Alibaba and ByteDance, to stop purchasing Nvidia’s RTX Pro 6000D GPUs. According to the Financial Times, the move shuts down the last major channel for mass supplies of American chips to the Chinese market. Why Beijing Halted Nvidia Purchases Chinese companies had planned to buy tens of thousands of RTX Pro 6000D accelerators and had already begun testing them in servers. But regulators intervened, halting the purchases and signaling stricter controls than earlier measures placed on Nvidia’s H20 chip. Image: Nvidia An audit compared Huawei and Cambricon processors, along with chips developed by Alibaba and Baidu, against Nvidia’s export-approved products. Regulators concluded that Chinese chips had reached performance levels comparable to the restricted U.S. models. This assessment pushed authorities to advise firms to rely more heavily on domestic processors, further tightening Nvidia’s already limited position in China. China’s Drive Toward Tech Independence The decision highlights Beijing’s focus on import substitution — developing self-sufficient chip production to reduce reliance on U.S. supplies. “The signal is now clear: all attention is focused on building a domestic ecosystem,” said a representative of a leading Chinese tech company. Nvidia had unveiled the RTX Pro 6000D in July 2025 during CEO Jensen Huang’s visit to Beijing, in an attempt to keep a foothold in China after Washington restricted exports of its most advanced chips. But momentum is shifting. Industry sources told the Financial Times that Chinese manufacturers plan to triple AI chip production next year to meet growing demand. They believe “domestic supply will now be sufficient without Nvidia.” What It Means for the Future With Huawei, Cambricon, Alibaba, and Baidu stepping up, China is positioning itself for long-term technological independence. Nvidia, meanwhile, faces…
Share
BitcoinEthereumNews2025/09/18 01:37
XRP vs Pepeto: XRP Ledger Expands But Pepeto Presale is the Clear Winner for 2026

XRP vs Pepeto: XRP Ledger Expands But Pepeto Presale is the Clear Winner for 2026

The crypto market is surging and investors who hesitate for even a few hours are watching potential fortunes form in wallets that are not theirs. Bitcoin has blasted
Share
Captainaltcoin2026/03/18 01:45