Pound Sterling Price News and Forecast: GBP/USD manages attempts to push higher
|GBP/USD contains above 1.3750 amid USD weakness, Bailey’s comment
The GBP/USD pair accumulates gains on Monday. The pair posts gains for the fourth-straight session. At the time of writing, GBP/USD is trading at 1.3759, up 0.10% for the day. The US Dollar Index, which tracks the performance of the greenback trades below 94.00 despite the higher US benchmark 10-year Treasury yields.
GBP/USD Weekly Forecast: Sterling shines as stars align, UK inflation key to more gains
Brexit tends to pound the pound – but now, relatively soothing news has helped send sterling higher. Alongside a moderate tapering path from the Fed, inflation concerns failed to stop cable's climb. UK inflation stands out, as it could determine the BOE's next decision.
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