Pound Sterling Price News and Forecast: GBP/USD stabilizes above 1.2300

GBP/USD stabilizes above 1.2300 after strong US-UK data, as US ceiling talks continued

GBP/USD regained some composture past the mid-North American session and bounced off the weekly lows, clinging above the 1.2300 figure amidst a week that witnessed solid US and UK data. Therefore, the GBP/USD stays positive in the day, gains 0.19%, and trades around 1.2340s. Read More...

 

GBP/USD: Recovery runs out of steam near the 1.2400 hurdle

The British pound regains poise and motivates GBP/USD to reclaim ground lost and advance to the vicinity of the 1.2400 mark at the end of the week. Read More...
 

GBP/USD clings to gains above 1.2350, lacks follow-through ahead of US PCE Price Index

The GBP/USD pair gains some positive traction on Friday and snaps a three-day losing streak to the 1.2300 neighbourhood, or its lowest level since early April touched the previous day. Spot prices stick to intraday gains through the first half of the European session and currently trade around the 1.2360 region, up over 0.30% for the day. Read More...

 

 

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