Pound Sterling Price News and Forecast: GBP/USD falls on US Dollar strength amid Fed rate hike speculations
|GBP/USD falls on US Dollar strength amid Fed rate hike speculations
GBP/USD remains on the defensive around 1.2400 mark amid modest USD strength
The GBP/USD pair kicks off the new week on a subdued note and seesaws between tepid gains/minor losses through the early part of the European session. The pair is currently placed around the 1.2400 mark, nearly unchanged for the day, and for now, seems to have stalled its retracement slide from the highest level since June 2022 touched on Friday. Read More...
GBP/USD faces a major support at 1.2275 – UOB
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