Pound Sterling Price News and Forecast: GBP/USD flat as US shutdown drags into sixth day

FXStreet Team FXStreet

GBP/USD flat as US shutdown drags into sixth day

The Pound Sterling remains flat during the North American session as the government shutdown in the US reached its sixth day, which has kept financial markets trading blind without economic data. The GBP/USD trades at around 1.3474, virtually unchanged. Read More...

Pound Sterling underperforms US Dollar despite US government shutdown

The Pound Sterling (GBP) trades 0.4% lower to near 1.3420 against the US Dollar (USD) during the European trading session on Monday. The GBP/USD pair faces selling pressure as the US Dollar rebounds strongly despite growing risks that the White House would be forced to make mass lay-offs in the wake of a partial United States (US) government shutdown. Read More...

GBP/USD sticks to losses below mid-1.3400s on firmer USD; lacks follow-through

The GBP/USD pair struggles to capitalize on Friday's strong move up and opens with a bearish gap at the start of a new week amid a broadly firmer US Dollar (USD). Spot prices, however, lack follow-through selling and seem to have stabilized below mid-1.3400s, still down over 0.30% for the day. Read More...

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