Pound Sterling Price News and Forecast: GBP/USD surges and approaches to 1.3000

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GBP/USD Price Analysis: Surges and approaches to 1.3000

The Pound Sterling resumes its rally as the North American session begins. It faded earlier US Dollar strength, spurred by a shooting at former US President Donald Trump's rally in Pennsylvania, which triggered a flight to safety. The GBP/USD trades at 1.2985 and gains 0.24%. Read More...

Pound Sterling hovers close to annual highs around 1.3000 ahead of Fed Powell's speech

The Pound Sterling (GBP) clings to gains near the psychological resistance of 1.3000 against the US Dollar (USD) in Monday’s New York session. The GBP/USD pair remains firm amid swelling expectations that the Federal Reserve (Fed) will start reducing interest rates from the September meeting. Read More...

GBP/USD Price Analysis: Slips below 1.3000, signaling a potential correction

GBP/USD declines slightly, hovering around 1.2970 in Monday's Asian session after retreating from Friday's peak of 1.2990, the highest since July 2023. The analysis of the daily chart shows a breakout above an ascending channel, signaling a bullish trend in the pair's price movements. Read More...

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FXStreet Team

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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.

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