GBP/USD Price Forecast: Consolidates below mid-1.3500s; bullish potential seems intact
Pound Sterling Price News and Forecast: GBP/USD climbs as USD fades, Hormuz risk keeps Fed in play
GBP/USD is rising amid U.S. dollar weakness, whilst sterling is holding steady against the euro as investors digest Finance Minister John Healey's first major economic speech, which failed to provide much direction for the pound.
Intraday levels show possible support around 1.3475 which could support the market in the short-term. As we see from the chart, prices face supports at 1.3475 and 1.3400 where each support could lead to an advance toward 1.3675.
British Pound edges higher against US Dollar, UK Chancellor Healey's speech eyed
GBP/USD Price Forecast: Struggles near 1.3500 amid modest USD uptick; bears seem hesitant
Pound Sterling Price News and Forecast: GBP/USD trims losses against US Dollar after NFP-driven volatility
Intraday levels show possible support around 1.3475 which could support the market in the short-term. As we see from the chart, prices face supports at 1.3475 and 1.3400 where each support could lead to an advance toward 1.3675.
British Pound trims losses against US Dollar after NFP-driven volatility
GBPUSD finds a bounce Cable moved higher after finding support just below 1.3500. A break below that level previously put the bulls on the defensive.
GBP/USD Price Forecast: Bulls turn cautious as 1.3550 cap gains ahead of US NFP
Pound-Dollar could extend its recovery if US payrolls disappoint, although cautious comments from Bailey may limit Sterling's upside. The Pound US Dollar (GBP/USD) exchange rate edged up on Thursday, after touching a 20-day low on Wednesday, although the recovery was limited.