Pound Sterling Price News and Forecast: GBP/USD sticking close to 1.24 in the calm before the Fed & BoE storm

It’s a heavy showing for the GBP/USD pair this week with both the Federal Reserve (Fed) and Bank of England (BoE) on-deck with interest rate calls slated for the midweek, and the Pound Sterling (GBP) is jostling for position against the Greenback (USD) as investors gear their positioning. Read More…

GBP/USD struggles to halt the two-day losing streak, recovering from the intraday losses and trading around 1.2380 during the European session on Monday. The pair is facing downward pressure ahead of the interest rate decisions from the United States (US) and the United Kingdom (UK). Read More…

GBP/USD snaps the two-day losing streak earlier in the day but later reverses, still trading higher around 1.2390 during the early trading hours of the European session on Monday. The pair experienced upward support, likely a result of the downbeat consumer sentiment data from the United States (US) released on Friday. Read More…