Pound Sterling Price News and Forecast: GBP/USD drops from yearly peak amid soft US Dollar
|GBP/USD Price Forecast: Drops from yearly peak amid soft US Dollar
Pound Sterling reclaims 1.3400 on soft US PCE inflation
GBP/USD retreats from its highest level since March 2022, slips below 1.3400 mark
The GBP/USD pair drifts lower during the Asian session on Friday and moves away from its highest levels since March 2022, around the 1.3435 region touched the previous day. Spot prices slide below the 1.3400 mark in the last hour amid a modest US Dollar (USD) uptick, though any meaningful corrective decline still seems elusive. Read More...
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