Pound Sterling Price News and Forecast: GBP/USD tumbles as weak set of UK labor data boosts BoE dovish bets

The Pound Sterling (GBP) faces a sharp selling pressure against its peers on Tuesday after the United Kingdom (UK) Office for National Statistics (ONS) reported that the labor market cooled down in three months ending April.Read More.

Sentiment is: Negative

Technical Analysis

Triangle has broken through the support line at 10-Jun-2025 08:00 UTC. Possible bearish price movement forecast for the next 22 hours towards 1.3429.

GBP/USD Target Level: 1.3429

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