Pound Sterling Price News and Forecast: EUR/GBP rises above 0.8600
|EUR/GBP rises above 0.8600 for the first time since early July
GBP/USD struggles to preserve modest intraday gains and retreats to 1.1660 mark
The GBP/USD pair struggles to capitalize on its modest intraday uptick to the 1.1760 area and the previous YTD lows of July. After air-kissing those lows goodbye the pair appears to have retreated even further south during the early North American session. Cable is currently placed around the 1.1660 mark and remains well within the striking distance of its lowest level since March 2020, in the 1.1640s, touched the previous day. Read More...
GBP/USD to face a challenging environment – Commerzbank
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