Pound Sterling Price News and Forecast: GBP/USD rises as Fed rate cut bets grow, US shutdown risks loom
|GBP/USD rises as Fed rate cut bets grow, US shutdown risks loom
The GBP/USD pair advances on Monday as the US Dollar (USD) trims some of last week’s gains as a busy economic docket in the US approaches. The pair trades at 1.3430, up 0.24%. Read More...
Pound Sterling outperforms US Dollar amid US government shutdown risks
The Pound Sterling (GBP) extends its upside to near 1.3450 against the US Dollar (USD) during the European trading session on Monday. The GBP/USD pair strengthens as the US Dollar slides further, with investors remaining cautious as the deadline of the United States (US) government shutdown approaches. Read More...
GBP/USD Price Forecast: Rises to near 1.3450, eyes nine-day EMA barrier
GBP/USD gains ground for the second consecutive session, trading around 1.3440 during the Asian hours on Monday. The short-term price momentum is weaker as the daily chart’s technical analysis shows that the pair remains below the nine-day Exponential Moving Average (EMA). 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.