Pound Sterling Price News and Forecast: GBP/USD slips below 1.34 as risk rally fades, US data disappoints
|The Pound Sterling (GBP) corrects below 1.3400 against the US Dollar (USD) during North American trading hours on Tuesday from its fresh three-year high of 1.3445 posted earlier in the day. The GBP/USD pair retraces as the US Dollar steadies, with investors awaiting a slew of United States (US) economic data releases. Read More... The GBP/USD pair attracts some sellers to near 1.3425 during the early Asian trading hours on Tuesday, pressured by a modest rebound of US Dollar (USD). Investors await a speech by Bank of England (BoE) official Dave Ramsden for fresh impetus. Read More...GBP/USD slips below 1.34 as risk rally fades, US data disappoints
The Pound Sterling depreciates against the US Dollar and falls after testing the year-to-date (YTD) high of 1.3443. However, it fails to remain above 1.34 as it extends its losses. At the time of writing, the GBP/USD trades at 1.3379, down 0.29%. Read More...
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