Pound Sterling Price News and Forecast: GBP/USD: Bears are moving in on the risk rally
|GBP/USD Price Analysis: Bears are moving in on the risk rally
GBP/USD pares intraday losses to multi-week low, upside remains capped on stronger USD
The GBP/USD pair stages a goodish intraday bounce from the 1.2420 area, or over a three-week low touched this Wednesday, and climbs to the top end of its daily trading range during the early North American session. The pair, however, remains in the negative territory for the second straight day and is currently placed around the 1.2470-1.2475 region, down over 0.10% for the day. Read More...
GBP/USD plummets to three-week low, eyes 1.2400 amid broad-based USD strength
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