Pound Sterling Price News and Forecast: GBP/USD further gains remain on the cards
|GBP/USD Forecast: Bulls need to defend 1.2520 to retain control
GBP/USD gathered bullish momentum and climbed to its highest level since May 10 near 1.2570 early Friday. The pair stays in a consolidation phase during the European trading hours and edges lower. In the absence of fundamental drivers, market mood and week-end flows could drive the pair's action. Read more...
GBP/USD: Further gains remain on the cards
GBP/USD is expected to edge further up in the short-term horizon, according to Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group. Read more...
GBP/USD will struggle to hold its recent gains – Rabobank
The Pound has regained its position as the best-performing G10 currency in the year. Economists at Rabobank discuss GBP outlook. 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.