Pound Sterling Price News and Forecast: GBP/USD recovers some ground on hot UK CPI despite strong US data

BY admin admin

GBP/USD Price Analysis: Remains under pressure above the 1.2600 mark, oversold RSI condition eyed The GBP/USD pair faces some selling pressure above 1.2600 during the early European session on Wednesday.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

Young People Prefer AI Over Crypto! – Author of The Black Swan

<p>&nbsp;"How the hell is this, AI won't dominate the world."</p><p><br /></p><p>Nassim Nicholas Taleb, Author of the book "The Black Swan&q

Forex

US PPI is coming up next

<p>Happy Friday.</p><p>The July producer price index is due at the bottom of the hour and might be a minor market mover. The consensus is +0.7% y/y on the headline and +2.3% y/y on c

Forex

US Treasury Sec. Mnuchin: Big bounceback in economy expected by August and September

US Treasury Secretary Steven Mnuchin said on Tuesday that demand is expected to moe back as states reopen and noted that a big "bounceback" in the eco

Copyright © 2024 | WordPress Theme: Xews Lite