Pound Sterling Price News and Forecast: GBP/USD stays firm below 1.2700, bearishly biased

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GBP/USD Price Analysis: Stays firm below 1.2700, bearishly biased

The Pound Sterling stayed firm against the Greenback on Tuesday, even though the latter remained positive, and a worse-than-expected Consumer Confidence report capped the US Dollar advance. Therefore, the GBP/USD trades at 1.2678, virtually unchanged. Read More...

Pound Sterling rises amid uncertainty over BoE rate-cut timing

The Pound Sterling (GBP) performs relatively stronger against its peers in Tuesday’s New York session. The British currency remains upbeat amid uncertainty about when the Bank of England (BoE) will start cutting interest rates. Read More...

GBP/USD Price Analysis: Rises to 1.2700 nearing 14-day EMA

GBP/USD extends gains for the second successive session, trading around 1.2700 during Asian hours on Tuesday. Analysis of the daily chart shows a broadening bottom pattern in price action, representing increasing volatility. This chart pattern suggests a potential correction before moving lower. Read More...

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FXStreet Team

FXStreet

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.

AUD/USD eyes 0.7150 barrier nine-day EMA

AUD/USD inches higher after registering modest losses in the previous day, trading around 0.7130 during the Asian hours. The technical analysis of the daily chart indicates that the pair is moving sideways within the rectangle pattern, suggesting a consolidation as neither the bulls nor the bears have enough momentum to take control of the market.

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