Pound Sterling Price News and Forecast: GBP/USD pushing against six-month highs in the 1.3660
Pound Sterling jumped to $1.3675 after UK services activity unexpectedly accelerated, adding to signs that the economy is holding up better than feared. The Pound to Dollar (GBP/USD) exchange rate surged to an intraday high of 1.3675 on Friday after a much stronger-than-expected UK services survey delivered a fresh positive surprise for.
British Pound: Upward momentum targets 1.3700 against US Dollar – UOB
Pound Sterling Price News & Forecast: GBP/USD advances as traders digest solid US jobless claims
Sterling is attempting to extend its recent winning streak after yesterday's weekly opening-range break accelerated the advance to fresh three-month highs. Momentum continues to strengthen alongside the move, reinforcing the constructive medium-term technical backdrop even as the risk of near-term exhaustion begins to rise.
Consumer inflation accelerated to 2.9% in July, up from 2.6% in June and in line with forecasts. Core inflation held steady at 2.6%.
GBP/USD at three-month high: Outlook hinges on economic data
British Pound: Further gains face 1.3655 cap against US Dollar – UOB
GBP/USD Price Forecast: Strengthens above 1.3600 as bullish trend holds above 100-day SMA
Pound Sterling Price News and Forecast: GBP/USD jumps as Treasury buyback weakens the US Dollar
Pound Sterling Price News and Forecast: GBP/USD more upside expected above 1.3570
GBP/USD Price Forecast: More upside expected above 1.3570