Burnham must not succumb to a populist techlash
It would be a crime to lose the UK’s envied tech and life science status within Europe
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The post GBP/USD Price Forecast: Holds a constructive bullish tone above 1.3400 as UK political risk eases appeared on BitcoinEthereumNews.com. The GBP/USD pair trades in positive territory around 1.3405 during the early European trading hours on Thursday. Fading political uncertainty in the United Kingdom (UK) provides some support to the British Pound (GBP) against the US Dollar (USD). Following the resignation of Keir Starmer in late June, UK political risk has eased significantly. The formal race to replace outgoing Prime Minister Keir Starmer begins on July 9. Frontrunner Andy Burnham is widely expected to become Prime Minister by July 20. Technical Analysis: In the daily chart, GBP/USD holds a mildly bullish near-term bias as price sits above the Bollinger middle band and the 100-day simple moving average (SMA). The pair is pressing the upper half of the recent range, with the Bollinger Bands (20, 2) still widening modestly, while the Relative Strength Index (14) at 57.6 suggests
Read full articleIt would be a crime to lose the UK’s envied tech and life science status within Europe
In Q2, Europe posted its strongest quarter in four years for venture funding, Crunchbase data shows. All told, Europe-based startups raised $24 billion in the just-ended quarter, up around a third quarter over quarter and two-thirds higher than the $14.4 billion raised in Q2 2025.
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The post Pound Sterling Price News and Forecast: GBP/USD gains ground to around 1.3395 appeared on BitcoinEthereumNews.com. British Pound strengthens to near 1.3400 as UK political risk fades The GBP/USD pair gathers strength near 1.3395 during the Asian trading hours on Thursday, bolstered by fading domestic political uncertainty. However, hawkish minutes from the Federal Reserve (Fed) and renewed tensions between the US and Iran might support the US Dollar (USD) and cap the upside for the major pair. Following the resignation of Keir Starmer in late June, UK political risk has eased significantly, lifting the Cable. The formal race to replace outgoing Prime Minister Keir Starmer begins on July 9. Frontrunner Andy Burnham is widely expected to become Prime Minister by July 20. Read more… British Pound Sterling wins the day and stays stuck in the same trap GBP/USD trades just below 1.3400 on Wednesday, up around a quarter of a percent and once again leaning on the 200-day Exponential M
The post British Pound strengthens to near 1.3400 as UK political risk fades appeared on BitcoinEthereumNews.com. The GBP/USD pair gathers strength near 1.3395 during the Asian trading hours on Thursday, bolstered by fading domestic political uncertainty. However, hawkish minutes from the Federal Reserve (Fed) and renewed tensions between the US and Iran might support the US Dollar (USD) and cap the upside for the major pair. Following the resignation of Keir Starmer in late June, UK political risk has eased significantly, lifting the Cable. The formal race to replace outgoing Prime Minister Keir Starmer begins on July 9. Frontrunner Andy Burnham is widely expected to become Prime Minister by July 20. The release of minutes from the Fed’s June meeting, which was Chairman Kevin Warsh’s first, reflected a divided central bank not sure how to proceed on rates without more information on inflation. The minutes said that “many participants indicated that the appropriate level of the federal
The post Coinbase UK License Marks Major Step Toward Bringing ‘Everything Exchange’ to Life appeared on BitcoinEthereumNews.com. Key Takeaways Coinbase received UK investment services authorization, expanding beyond crypto into derivatives and equities. Advanced traders will gain access to perpetual futures tied to crypto, equities, and commodities. Retail users will be able to trade equities as Coinbase builds its everything exchange. Why Coinbase’s UK License Changes the Platform Crypto exchange Coinbase’s UK authorization follows its receipt of UK investment services authorization under the Markets in Financial Instruments Directive (MiFID) framework. Issued by the Financial Conduct Authority (FCA), the licence allows regulated firms to provide investment services and deal in financial instruments, including equities and derivatives, under rules designed to protect consumers and maintain market integrity. The approval expands Coinbase beyond crypto services. The authorization sits w