GBP/USD failed to make a decisive move in either direction and closed the day virtually unchanged on Thursday. The pair holds steady above 1.2100 earl
GBP/USD Forecast: Pound Sterling struggles to gather recovery momentum y Friday but it remains below key technical levels that could limit the upside. Although the risk-averse market atmosphere helped the US Dollar stay resilient against its rivals on Thursday, a more-than-2% decline seen in the benchmark 10-year US Treasury bond yield made it difficult for the currency to gather further strength. Read more... GBP/USD holds steady above 1.
Pound Sterling remains on backfoot amid dismal market mood The Pound Sterling faces barricades while extending upside above the crucial resistance at 1.2140 as strength in the US Dollar has squeezed the risk appetite of investors. The GBP/USD pair may fall back to seven-month lows as the United Kingdom economy is facing the wrath of higher interest rates by the Bank of England amid stubborn consumer inflation.
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Pound Sterling fails to extend upside amid risk-off mood, bleak economic outlookThe Pound Sterling (GBP) faces barricades while extending upside above the crucial resistance at 1.2140 as strength in the US Dollar has squeezed the
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Pound Sterling exposes to 1.20 on sour mood, UK weak demand outlookThe Pound Sterling (GBP) continues to face intense selling pressure as dismal market sentiment due to escalating tensions in the Middle East combines
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