The GBP/USD is under pressure amid a busy week in the economic calendar, with central bank decisions on the line, led by the US Federal Reserve (Fed) and the Bank of England (BoE). The major is trading at 1.2681, down 0.17% after hitting a daily high of 1.2718. Read More…
The Pound Sterling (GBP) faces pressure amid volatility ahead of the interest rate announcements by the Bank of England (BoE) and the Federal Reserve (Fed) and deepening Middle East crisis. The GBP/USD pair below1.2700 as investors are anticipated to make their bets after this week’s policy announcements. Read More…
The GBP/USD pair ticks higher following an Asian session dip on Monday, albeit lacks follow-through and remains confined in a familiar range held over the past two weeks or so. Spot prices currently trade around the 1.2700 mark, nearly unchanged for the day as traders await a fresh catalyst before positioning for a firm near-term trajectory. Read More…
Source: https://www.fxstreet.com/news/pound-sterling-price-news-and-forecast-gbp-usd-faces-pressure-drops-beneath-12700-202401291956