Pound Sterling Price News and Forecast: GBP/USD holds near 1.3500 as US CPI, UK GDP loom

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British Pound holds near 1.3500 as US CPI, UK GDP loom

The Pound Sterling (GBP) holds firm against the US Dollar (USD) on Tuesday following the release of softer-than-expected US jobs data, while investors await US inflation data on Wednesday and UK GDP releases on Thursday. At the time of writing, the GBP/USD pair trades at 1.3508, nearly unchanged. Read More...

British Pound consolidates around 1.3500 vs USD; looks to US CPI, UK GDP for fresh impetus

The GBP/USD pair seesaws between tepid gains and minor losses through the early European session on Tuesday, though it remains close to the highest level since July 16 set the previous day. Spot prices currently trade around the 1.3500 psychological mark, nearly unchanged for the day, as traders opt to wait for this week's important macro releases from the US and the UK. Read More...

British Pound clings to gains against US Dollar, US CPI in focus

The British Pound (GBP) holds onto two-day gains marginally at around 1.3500 against the US Dollar (USD) during the Asian trading session on Tuesday. The GBP/USD pair remains firm as the British Pound outperforms despite financial markets pricing out the possibility of an interest rate hike by the Bank of England (BoE) in the near term. Read More...

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