fxs_header_sponsor_anchor

Pound Sterling Price News and Forecast: Pound Sterling recovers strongly

Pound Sterling recovers strongly as monthly US core PCE Inflation declines

The Pound Sterling (GBP) recovers intraday losses and jumps to 1.2750 in Friday’s American session. The GBP/USD rises as monthly United States core Personal Consumption Expenditure Price Index (PCE) data for April misses estimates. The underlying inflation grew at a slower pace of 0.2% from the estimates and the prior release of 0.3%. Read More...

GBP/USD trades with mild gains above 1.2700, focus on US PCE data

The GBP/USD pair edges higher near 1.2730 during the early Asian session on Friday. The USD Index (DXY) faces some selling pressure, and this provides some support to the major pair. Investors will closely monitor the US Core Personal Consumption Expenditures Price Index (Core PCE) for April, which is due later on Friday. Read More...

 

GBP/USD Price Analysis: Recovers above 1.2700 amid soft US Dollar

The Pound Sterling recovered some ground against the US Dollar on Thursday, as US Treasury yields are sliding, undermining the Greenback. Consequently, the GBP/USD bounced off weekly lows, reached 1.2680, and traded at 1.2728, gaining 0.20%. Read More...
 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.