GBP/USD Price Forecast: Holds to gains on mixed US data
The GBP/USD aims up during the North American session, after jobs data from the United States (US) was mixed, while business activity expanded. Despite this, the pair clings to its gains and trades at 1.3166 above its opening price by 0.15% at the time of writing. Read More…
Pound Sterling jumps to near 1.3200 as US private payrolls growth slows
The Pound Sterling (GBP) surges to near 1.3180 against the US Dollar (USD) in Thursday’s North American session. The GBP/USD pair extends Wednesday’s recovery as weak United States (US) ADP Employment Change data for August adds to evidence that labor market conditions deteriorate further. An unexpected decline in the private payrolls data also sent the US Dollar (USD) on the back foot. Read More…
GBP/USD sticks to modest gains around mid-1.3100s, below weekly top set on Wednesday
The GBP/USD pair trades with a positive bias around mid-1.3100s during the Asian session on Thursday, albeit it lacks strong follow-through buying and remains below the weekly top touched the previous day. Read More…
Source: https://www.fxstreet.com/news/pound-sterling-price-news-and-forecast-gbp-usd-holds-to-gains-on-mixed-us-data-202409051650