Pound Sterling Price News and Forecast: GBP/USD stays below 1.2400


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GBP/USD bounced modestly from an intraday low of 1.2343,  now changing hands at around 1.2380. The pair edged sharply lower ahead of the US opening, despite the Eurozone and the United Kingdom celebrating Easter Monday, which kept local markets closed. Read More…

The GBP/USD broke below 1.2380 and tumbled to 1.2342, reaching the lowest level in a week amid a stronger US Dollar across the board. The Greenback gained momentum during the American session as US yields moved to the upside. Read More…

 

The GBP/USD pair reverses an intraday dip to sub-1.2400 levels and turns positive during the first half of the European session, though lacks follow-through. The pair currently trades around the 1.2420-1.2425 region, up less than 0.10%, and for now, seems to have snapped a three-day losing streak. Read More…

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