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Pound Sterling Price News and Forecast: GBP/USD pound Sterling could weaken further [Video]

GBP/USD stays resilient above crucial support [Video]

GBPUSD closed higher than its 50-day SMA and the resistance trendline from October 2022 on Monday, indicating a higher chance for more positive sessions. Read more...

 

GBP/USD Forecast: Pound Sterling could weaken further unless risk mood improves

Following a bearish start to the week, GBP/USD gained traction in the American session on Monday and closed the day in positive territory. After a sideways action in the Asian session, the pair came under pressure and started to push lower toward 1.2700. Read more...

GBP is beginning to sag as the case for the BoE pausing is strengthening – MUFG

Economists at MUFG Bank note that the British Pound (GBP) is starting to run out of steam as UK economic data help the case for the Bank of England (BoE) pausing. Read more...

 

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