Pound Sterling Price News and Forecast: GBP/USD gains through 1.2470 to put a return to the mid
|GBP/USD Forecast: Buyers eye a break above 1.2440
GBP/USD gathered bullish momentum in the European morning and climbed toward mid-1.2400s. The pair faces strong resistance at 1.2440 and it could stretch higher once that level is confirmed as support. Read more...
GBP/USD: Gains through 1.2470 to put a return to the mid-1.25s on the radar – Scotiabank
GBP/USD tracks other majors higher. Economists at Scotiabank analyze the pair’s technical outlook. Read more...
GBP/USD rebounds from 1.2400 as anxiety among investors for Fed policy stance deepens
The GBP/USD pair has found a decent buying interest near the round-level support of 1.2400 in the London session. The Cable has shown recovery due to a decline in the US Dollar Index (DXY). The USD Index has faced selling pressure while attempting to reclaim Tuesday’s high around 104.40. 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.