Analyst: The rally of GBP against USD is unlikely to sustain

金十2026/06/04 09:11

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

```htmlGolden Ten Data reported on June 4 that the GBP/USD exchange rate has risen following Israel and Lebanon’s agreement to extend the ceasefire, and Trump’s statement that the US and Iran may reach an agreement by this weekend. However, Monex Europe analysts pointed out in a report that these gains may be difficult to sustain. A series of unfavorable factors still exist for the pound, including the ongoing closure of the Strait of Hormuz impacting trade, cooling in the UK labor market, weakening inflation data, and the possibility of Prime Minister Starmer facing leadership challenges. Analysts stated that the Bank of England’s Monetary Policy Committee survey and the US Nonfarm Payrolls report, both to be released on Friday, may reinforce the pound’s negative trend.```

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Malaysia’s EPF raised its direct stake in Pavilion Real Estate Investment Trust via an acquisition of 1,449,500 units on Oct. 5, 2026. Holding rose to 522,094,947 units, equal to 13.28% voting interest. Notice was dated Oct. 6, 2026. The issuer received it on Oct. 8, 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pavilion Real Estate Investment Trust published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3713220) on October 08, 2026, and is solely responsible for the information contained therein.

Bitget•2026/10/08 09:33