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Pound Sterling Price News and Forecast: GBP/USD trends up, faces strong resistance at 1.2770

GBP/USD Price Analysis: Trends up, faces strong resistance at 1.2770

The Pound Sterling rises moderately against the US Dollar on Thursday. The UK holds general elections, which would likely result in a victory for the Labour Party. The GBP/USD trades at 1.2757, up 0.14%. Read More…

Pound Sterling gains further as UK elections kick-off, US NFP in focus

The Pound Sterling (GBP) strengthens against the US Dollar (USD) and rises to near 1.2760 in Thursday’s American session. The GBP/USD jumps higheramid growing speculation that the US Federal Reserve (Fed) will start reducing interest rates from the September meeting. Read More…

Pound Sterling improves due to risk-on mood amid ongoing UK general elections

The Pound Sterling (GBP) extends its winning streak, which began on June 27. The GBP/USD pair trades around 1.2740 during the Asian session, which could be attributed to the market optimism amid the ongoing UK general elections on Thursday. Read More…