Pound Sterling Price News and Forecast: GBP/USD dips as UK inflation lower than expected
|GBP/USD Forecast: Pound Sterling remains fragile after UK inflation data
GBP/USD trades in negative territory near 1.2700 in the European session on Wednesday as markets assess inflation data from the UK. The near-term technical outlook points to a buildup of bearish momentum as market focus shifts to the Federal Reserve's (Fed) policy announcements. Read more...
GBP/USD dips as UK inflation lower than expected
The British pound has extended its losses on Wednesday. In the European session, GBP/USD is trading at 1.2695, down 0.21%. The pound has been on a slide and is down about 1.2% since March 13. Read more...
GBP/USD: Support at or near Tuesday’s 1.2668 low should be firm – Scotiabank
GBP/USD slips but losses are limited despite weaker-than-expected UK CPI. Economists at Scotiabank analyze the pair’s outlook. Read more...
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