Pound Sterling Price News and Forecast: GBP/USD plunges below 1.1900
|GBP/USD plunges below 1.1900 on hawkish remarks by Federal Reserve Chair Powell
GBP/USD Price Analysis: Slides below 1.2000 amid modest USD strength, ahead of Fed’s Powell
GBP/USD surrenders modest intraday gains, hangs near daily low ahead of Powell’s testimony
The GBP/USD pair struggles to capitalize on its intraday positive move to a four-day peak and meets with a fresh supply near the 1.2065 region on Tuesday. Spot prices retreat to the lower end of the daily range, around the 1.2020-1.2015 region during the first half of the European session and remain at the mercy of the US Dollar price dynamics. Read More...
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