GBP/USD breaks its four-day winning streak and trades slightly lower around 1.2660 during the Asian session on Monday. The US Dollar (USD) maintains its strength on hawkish comments from Federal Reserve’s (Fed) officials, which in turn, undermines the GBP/USD pair. Additionally, the lower February consumer confidence data from the United Kingdom (UK) weakens downward pressure on the Pound Sterling (GBP). Read More…
The Pound Sterling (GBP) jumps higher in Friday’s early American session as the United Kingdom’s economic outlook strengthens. The GBP/USD pair advances toward Thursday’s high as market sentiment improves. Read More…
The GBP/USD pair posts modest gains above the mid-1.2600s during the early Asian trading hours on Friday. The decline of the US Dollar (USD) provides some support to the major pair. At press time, GBP/USD is trading at 1.2663, adding 0.02% on the day. Read More…
Source: https://www.fxstreet.com/news/pound-sterling-price-news-and-forecast-gbp-usd-edges-lower-to-12660-amid-a-steady-us-dollar-202402260251