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Pound Sterling Price News and Forecast: GBP/USD struggles to recover 1.2680

GBP/USD struggles to recover 1.2680 after UK CPI miss softens Pound Sterling bids

The GBP/USD is capped below 1.2680 after a below-expectations print of UK Consumer Price Index (CPI) inflation sent the Pound Sterling (GBP) lower against the US Dollar (USD), dragging the pair down through the 1.2270 handle and pinging 1.2630. Read More...

Pound Sterling remains on backfoot on surprisingly soft UK Inflation

The Pound Sterling (GBP) fell sharply after the United Kingdom’s Office for National Statistics (ONS) reported a significant decline in inflation in November. The ONS reported that lower fuel prices were major contributor to a sharp decline in price pressures. Read More...
 

GBP/USD moves downward near 1.2720 ahead of UK CPI, PPI data

GBP/USD retraces its recent gains registered in the previous session, edging lower near 1.2720 during the Asian session on Wednesday. The GBP/USD pair receives downward pressure ahead of the slew of economic data releases from the United Kingdom (UK) on Wednesday. Read More...

 

 

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