Pound Sterling Price News and Forecast: GBP/USD rises above 1.33 as US PMI data fails to lift USD

GBP/USD rises above 1.33 as US PMI data fails to lift USD

The Pound Sterling (GBP) advanced some 0.32% against the US Dollar (USD) on Monday, back above the 1.33 handle, as market participants digested data from the United States (US) portraying that business activity in the services sector is gathering some steam, yet fails to underpin the Greenback. At the time of writing, GBP/USD trades at 1.3300. Read More...

Pound Sterling gives back some gains against US Dollar after upbeat US ISM Services PMI

The Pound Sterling (GBP) struggles to extend its upside above the intraday high of 1.3330 against the US Dollar (USD) during North American trading hours on Monday. The GBP/USD pair faces pressure as the US Dollar (USD) rebounds after the release of the United States (US) ISM Services PMI data for April, which showed that activities in the services sector grew unexpectedly at a faster-than-expected pace. However, the pair is still 0.30% higher to near 1.3300, at the press time. Read More...

GBP/USD Price Forecast: The bullish tone remains in play near 1.3300

The GBP/USD pair gains traction to around 1.3290 during the early European session on Monday. The US Dollar (USD) softens against the Pound Sterling (GBP) amid heightened economic uncertainty in the wake of US President Donald Trump's erratic trade policies.  Read More...