Pound Sterling Price News and Forecast: GBP/USD holds steady around the 20-day EMA, on mixed US data
|GBP/USD holds steady around the 20-day EMA, on mixed US data
GBP/USD Price Analysis: More downside seems warranted amid a breakdown below 1.2400
GBP/USD drops to 1.2400 mark, fresh daily low amid sustained USD buying
The GBP/USD pair kicks off the new week on a weaker note and retreats further from its highest level since May 16, around the 1.2540-1.2545 region touched on Friday. Spot prices extend the steady intraday descent through the early European session and drop to the 1.2400 neighbourhood, or a fresh daily low in the last hour. Read More...
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