Pound Sterling Price News and Forecast: GBP/USD advances amid positive sentiment, bull’s eye 1.2800

The British Pound registered gains of 0.33% against the Greenback on Monday, despite the lack of a catalyst aside from an improvement in risk appetite. The GBP/USD trades at 1.2780 after bouncing off daily lows of 1.2716. Read More…

The Pound Sterling (GBP) moves higher to near 1.2770 against the US Dollar (USD) in Monday’s North American session. The GBP/USD pair rises as market participants are becoming increasingly confident that the Federal Reserve (Fed) will cut interest rates in its monetary policy meeting on December 18. Read More…

The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow trading band, below mid-1.2700s during the Asian session. Spot prices, meanwhile, remain within striking distance of over a three-week high – levels above the 1.2800 mark – touched on Friday, though the fundamental backdrop warrants some caution for bullish traders. Read More…