Pound Sterling Price News and Forecast: GBP/USD consolidates as ADP jobs disappoint

FXStreet Team FXStreet

GBP/USD consolidates as ADP jobs disappoint, ISM Services PMI tops forecasts

The British Pound (GBP) is treading water against the US Dollar (USD) on Thursday, with GBP/USD struggling to build on Wednesday’s rebound from nearly a one-month. A steady Greenback, supported by mixed US economic data, is leaving buyers cautious amid renewed concerns over the United Kingdom's (UK) fiscal outlook. Read More...

Pound Sterling drops against US Dollar ahead of US employment, PMI data

The Pound Sterling (GBP) ticks down to near 1.3435 against the US Dollar (USD) during the European trading session on Thursday. The GBP/USD pair faces a slight selling pressure as the US Dollar stabilizes after a corrective move on Wednesday. Read More...

GBP/USD weakens below 1.3450, US ISM Services PMI data looms

The GBP/USD pair declines to around 1.3430 during the Asian trading hours on Thursday. The Pound Sterling (GBP) weakens against the US Dollar (USD) amid UK fiscal worries. The US weekly Initial Jobless Claims, the ADP Employment Change and the ISM Services Purchasing Managers Index (PMI) are the highlights later on Thursday. Read More...

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