Pound Sterling Price News and Forecast: GBP/USD rallies on soft US Dollar, eyes on 1.2500

GBP/USD is 0.29% higher on the day after rallying from a low of 1.2410 and reaching a high of 1.2478. The US Dollar has been sold off as US yields sink at the start of the week. Read More…

The GBP/USD pair attracts some dip-buying in the vicinity of the 1.2400 mark on Monday and touches a fresh daily high during the early North American session. The pair is currently placed around the 1.2450 region, up nearly 0.20% for the day, though the intraday uptick lacks bullish conviction. Read More…

The GBP/USD pair struggles to capitalize on Friday’s goodish rebound of over 65 pips from the 1.2365 area and kicks off the new week on a subdued note. Spot prices seesaw between tepid gains/minor losses through the early European session and currently trade around the 1.2435 region, nearly unchanged for the day. Read More…