Pound Sterling Price News and Forecast: GBP/USD gains after upbeat UK data, hot US PPI

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Pound Sterling Price News and Forecast: GBP/USD gains after upbeat UK data, hot US PPI
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The Pound Sterling (GBP) gyrates in a tight range near 1.3060 against the US Dollar (USD) in Friday's North American session.

Pound Sterling gains after upbeat UK data, hot US PPI The Pound Sterling gyrates in a tight range near 1.3060 against the US Dollar inFriday's North Americansession. The GBP/USD pair remains sideways despitethe release of the hotter-than-expected United States annual US Producer Price Index data for September. Read More... UK GDP rises 0.2% MoM in August, as expected The UK economy expanded by 0.

2% over the month in August, having stagnated for the second consecutive month in July, the latest data published by the Office for National Statistics showed on Friday. The reading matched the market consensus of 0.2% growth in the reported period. Read More... GBP/USD consolidates around mid-1.3000s, seems vulnerable ahead of UK data The GBP/USD pair struggles to capitalize on the previous day's modest bounce from the 1.

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