Pound Sterling Price News and Forecast: GBP/USD pound sterling could struggle to extend rebound ahead

Pound Sterling juggles above 1.2700 as focus shifts to UK Inflation, Fed-BoE policy

The Pound Sterling (GBP) struggles for a decisive move in Monday’s late London session. Investors stay on the sidelines ahead of the interest rate decisions by the Federal Reserve (Fed) and the Bank of England (BoE), which will be announced on Wednesday and Thursday, respectively. Read more…

GBP/USD Forecast: Pound Sterling could struggle to extend rebound ahead of key events

GBP/USD fell nearly 1% and registered its largest-one week loss of 2024 in the previous week. The pair moves up and down in a very tight range slightly below 1.2750 at the beginning of the new week. Read more…

GBP/USD: Holding support in the low 1.2700 area could see the short-term trend stabilize – Scotiabank

GBP/USD remains pinned back to the low 1.2700s. Economists at Scotiabank analyze the pair’s outlook.

Trend oscillators are mixed and spot is holding a tight trading range above 1.2700. Broader price signals suggest a soft undertone in GBP/USD after a soft close last week but holding support in the low 1.2700 area could see the short-term trend stabilize. Read more…