Pound Sterling Price News and Forecast: GBP/USD tests a new high for 2024 at 1.2771 post-NFP blitz
|GBP/USD tests a new high for 2024 at 1.2771 post-NFP blitz
The GBP/USD climbed into a new high for the year at 1.2771 after markets broadly went risk-on after the US Nonfarm Payroll (NFP) data release surged above median forecasts, adding 216K new jobs in December. The NFP print handily trounced market expectations of 170K. Still, November saw a steep revision from 199K to 173K, with even further revisions to October’s already-revised 150K, bringing it down to just 105K. Read More...
Pound Sterling soars as investors ignore upbeat US NFP data
GBP/USD rises toward 1.2700 ahead of US Nonfarm Payrolls
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