Pound Sterling Price News and Forecast: GBP/USD steadies as Trump tones down China rhetoric; eyes on US CPI
|GBP/USD steadies as Trump tones down China rhetoric; eyes on US CPI
The GBP/USD remains steady during the North American session after three straight days of gains, as the Greenback recovers on Trump’s softening his rhetoric on China. At the time of writing, the pair trades at 1.3425 after hitting a daily high of 1.3442. Read More...
Pound Sterling trades cautiously as focus shifts to UK-US inflation
The Pound Sterling (GBP) underperforms a majority of its peers at the start of the week. The British currency faces pressure as investors turn cautious ahead of the United Kingdom (UK) Consumer Price Index (CPI) data for September, which will be released on Wednesday. Read More...
GBP/USD consolidates above 1.3400 as softer USD offsets dovish BoE expectations
The GBP/USD pair kicks off the new week on a subdued note following Friday's good two-way price swings and holds steady above the 1.3400 round figure during the Asian session. Moreover, the mixed fundamental backdrop warrants some caution before positioning for an extension of the recent goodish recovery from the 1.3250-1.3245 region, or the lowest level since early August, touched last Tuesday. 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.