Pound Sterling Price News and Forecast: GBP/USD pressured by late US Dollar comeback
|GBP/USD pressured by late US Dollar comeback and central bank divergence themes
GBP/USD is down some 0.2% on the day as we head toward the Wall Street close with the price traveling between 1.1992 and 1.2048. Despite a soft US Dollar at the start of the day as investors awaited testimony by Federal Reserve Chair Jerome Powell and Nonfarm Payrolls, GBP stayed pressured as central bank divergences play out. Read More...
GBP/USD turns negative, with bears eyeing 1.2000 below the 100-DMA
GBP/USD expected to trade within 1.1925-1.2120 – UOB
According to UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang, GBP/USD is expected to trade between 1.1925 and 1.2120 in the short-term horizon. Read More...
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