Pound Sterling Price News and Forecast: GBP/USD stays bullish, climbs to four-day high
GBP/USD Price Analysis: Stays bullish, climbs to four-day high
The British Pound rallied for the third straight day against the US Dollar, gaining some 0.37% in early trading during the North American session. The GBP/USD exchanged hands at 1.2785, shy of a four-day high of 1.2787 reached during the European session. Read More…
Pound Sterling capitalizes on weak US ISM Mnaufcaturing PMI
The Pound Sterling (GBP) climbs to near 1.2780 against the US Dollar (USD) in Monday’s American session. The GBP/USD pair strengthens at the beginning of a data-packed week in the United States (US) as the Institute for Supply Management (ISM) Manufacturing Purchasing Managers Index (PMI) data for May missed estimates. Read More…
GBP/USD consolidates around mid-1.2700s, downside seems cushioned amid softer USD
The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow band, around mid-1.2700s during the Asian session. The downside, meanwhile, remains cushioned in the wake of a modest US Dollar (USD) weakness, weighed down by signs of easing inflationary pressures in the United States (US). Read More…