Pound Sterling Price News and Forecast: GBP/USD steadies as Trump tones down China rhetoric; eyes on US CPI

FXStreet Team FXStreet

GBP/USD steadies as Trump tones down China rhetoric; eyes on US CPI

The GBP/USD remains steady during the North American session after three straight days of gains, as the Greenback recovers on Trump’s softening his rhetoric on China. At the time of writing, the pair trades at 1.3425 after hitting a daily high of 1.3442. Read More...

Pound Sterling trades cautiously as focus shifts to UK-US inflation

The Pound Sterling (GBP) underperforms a majority of its peers at the start of the week. The British currency faces pressure as investors turn cautious ahead of the United Kingdom (UK) Consumer Price Index (CPI) data for September, which will be released on Wednesday. Read More...

GBP/USD consolidates above 1.3400 as softer USD offsets dovish BoE expectations

The GBP/USD pair kicks off the new week on a subdued note following Friday's good two-way price swings and holds steady above the 1.3400 round figure during the Asian session. Moreover, the mixed fundamental backdrop warrants some caution before positioning for an extension of the recent goodish recovery from the 1.3250-1.3245 region, or the lowest level since early August, touched last Tuesday. Read More...

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