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Pound Sterling Price News and Forecast: GBP/USD retreats below 1.2700 due to Fed Williams comments

December 16, 2023
in Business
Pound Sterling Price News and Forecast: GBP/USD retreats below 1.2700 due to Fed Williams comments
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GBP/USD falls in the mid-North American session after reaching a four-month high of 1.2793, losing 0.43%, slipping below the 1.2700 figure. At the time of writing, the major is trading at 1.2693. Read More…

The Sterling bounced higher following the release of the UK S&P Global/CIPS PMI figures on Friday although it remains unable to find a meaningful acceptance in the 1.2800 area. Read More…

GBP/USD grapples to continue its winning streak that began on Monday, trading around 1.2770 during the Asian hours on Friday. The GBP/USD pair receives a boost from the hawkish stance of the Bank of England (BoE). Read More…

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