Pound Sterling Price News and Forecast: GBP/USD defies strong US GDP as BoE rate hike bets support Cable

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British Pound defies strong US GDP as BoE rate hike bets support Cable

The Pound Sterling (GBP) appreciates against the US Dollar (USD) on Thursday, even as US economic data was solid: GDP exceeded estimates, inflation rose as expected, and the job market is robust. At the time of writing, GBP/USD trades at 1.3340, up 0.19%. Read More...

Pound Sterling Price News and Forecast: GBP/USD ticks lower as the US Dollar regains ground

The British Pound (GBP) edges down to near 1.3312 against the US Dollar (USD) during the European trading session on Thursday. The GBP/USD pair ticks lower as the US Dollar (USD) regains ground, with financial markets remaining confident of Federal Reserve’s (Fed) interest rate hike in December after leaving them steady in the policy meeting on Wednesday. Read More...

British Pound ticks down against US Dollar ahead of key US economic releases

The British Pound (GBP) edges down to near 1.3312 against the US Dollar (USD) during the European trading session on Thursday. The GBP/USD pair ticks lower as the US Dollar (USD) regains ground, with financial markets remaining confident of Federal Reserve’s (Fed) interest rate hike in December after leaving them steady in the policy meeting on Wednesday. Read More...

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Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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