GBP/USD trades with modest intraday gains around 1.2770 region amid softer USD

The GBP/USD pair trades with a positive bias for the second successive day on Tuesday and touches a three-day high, around the 1.2770 area during the

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Forex analysis: AUD/JPY, AUD/USD, EUR/JPY, EUR/USD, GBP/JPY, and GBP/USD [Video]Watch the video for the key trading levels for the week ahead for AUD/JPY, AUD/USD, EUR/JPY, EUR/USD, GBP/JPY, and GBP/USD.
Read more »

British Pound Price Action Setups: GBP/USD Bearish Head & Shoulders in FocusThe British Pound consolidated against the US Dollar this past week, with GBP/USD seemingly forming a bearish Head & Shoulders chart pattern. What are key levels to watch ahead?
Read more »

GBP/USD sticks to modest gains below mid-1.2700s, lacks bullish convictionThe GBP/USD pair attracts some buyers on the first day of a new week and sticks to its modest intraday gains, below mid-1.2700s through the Asian sess
Read more »

GBP/USD expected to maintain the consolidative moodGBP/USD is still seen trading within the 1.2640-1.2830 range for the time being, suggest UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek
Read more »

GBP/USD with Modest Gains but Remains at the Mercy of the DXYCable puts in modest gains to start the week buoyed by a weaker Dollar Index (DXY). Will Central Bankers at Jackson Hole provide a catalyst for a breakout?
Read more »

GBP/USD: The Pound will still be vulnerable if UK recession risks riseThe Pound has managed to hold onto the position of best-performing G10 currency over the past five days. Economists at Rabobank analyze GBP outlook. G
Read more »