fxs_header_sponsor_anchor

Pound Sterling Price News and Forecast: GBP/USD clings to minimal gains at around 1.2550s, ahead of US CPI

GBP/USD clings to minimal gains at around 1.2550s, ahead of US CPI

The Pound Sterling (GBP) recovered some ground against the US Dollar (USD) amidst a session characterized by mixed market sentiment, ahead of crucial monetary policy decisions of the US Federal Reserve (Fed) and the Bank of England (BoE). The GBP/USD trades at 1.2558, registering minuscule gains of 0.10%. Read More...

GBP/USD ticks up above 1.2550 as US Dollar recovery stalls

The Sterling is trimming some losses on Monday’s European session, with the US Dollar losing upside momentum. The broader bearish trend, however, remains active, with investors cautious ahead of key UK data and major central banks’ decisions. Read More...

 

GBP/USD Price Analysis: The key contention level is seen at 1.2500

The GBP/USD pair remains under pressure below the mid-1.2500s during the early European session on Monday. Investors are in a cautious mood ahead of the key events in the US and UK this week. The Federal Open Market Committee (FOMC) rate decision on Wednesday and the Bank of England (BoE) rate decision on Thursday will be in the spotlight this week and could trigger volatility in the market. The major pair currently trades near 1.2539, losing 0.07% on the day. Read More...
 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.