Pound Sterling Price News and Forecast: GBP/USD floats around 1.3320 as softer US CPI reinforces Fed cut bets | FXStreet

Gold remains under heavy selling pressure in quite a negative the start to the week, receding below the $4,000 mark per troy ounce and hitting fresh two-week troughs. Meanwhile, the risk-on sentiment dominates markets, leaving the precious metal struggling to attract demand as optimism grows over a potential US–China trade deal later this week.