Pound Sterling Price News and Forecast: GBP/USD slumps below 50-DMA ahead of US inflation, UK’s GDP figures
|GBP/USD slumps below 50-DMA ahead of US inflation, UK’s GDP figures
GBP/USD modestly dives during the North American session, below the 50-day Exponential Moving Average (EMA) even though the US Dollar (USD) remains soft across the board as speculators prepare for the release of inflation data in the United States (US). The GBP/USD is trading at 1.2724, down 0.18%. Read More...
Pound Sterling looks vulnerable amid caution ahead of GDP data
GBP/USD edges higher to 50-day SMA around 1.2755 area, lacks bullish conviction
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