Pound Sterling Price News and Forecast: GBP/USD pound sterling could struggle to extend rebound ahead
|Pound Sterling juggles above 1.2700 as focus shifts to UK Inflation, Fed-BoE policy
The Pound Sterling (GBP) struggles for a decisive move in Monday’s late London session. Investors stay on the sidelines ahead of the interest rate decisions by the Federal Reserve (Fed) and the Bank of England (BoE), which will be announced on Wednesday and Thursday, respectively. Read more...
GBP/USD Forecast: Pound Sterling could struggle to extend rebound ahead of key events
GBP/USD fell nearly 1% and registered its largest-one week loss of 2024 in the previous week. The pair moves up and down in a very tight range slightly below 1.2750 at the beginning of the new week. Read more...
GBP/USD: Holding support in the low 1.2700 area could see the short-term trend stabilize – Scotiabank
GBP/USD remains pinned back to the low 1.2700s. Economists at Scotiabank analyze the pair’s outlook.
Trend oscillators are mixed and spot is holding a tight trading range above 1.2700. Broader price signals suggest a soft undertone in GBP/USD after a soft close last week but holding support in the low 1.2700 area could see the short-term trend stabilize. 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.