Pound Sterling Price News and Forecast: GBP/USD slips below 1.2600

The GBP/USD held mostly flat on Tuesday before seeing a decline below the 1.2600 handle during the American trading session, slipping to a one-week low and shedding a third of a percent on Tuesday. Read More…
The Pound is trading lower on Tuesday, weighed by negative market sentiment and a somewhat stronger USD with bears looking at the 1.2600 support area. Read More…

 

In light of the recent price action, GBP/USD is now seen navigating within the 1.2505-1.2725 range, suggest UOB Group’s Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia. Read More…

 

Source: https://www.fxstreet.com/news/pound-sterling-price-news-and-forecast-gbp-usd-slips-below-12600-202312051750